Harrah, Oklahoma Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Harrah, Oklahoma rental market.

Harrah, Oklahoma

Average Apartment Rent

$642

Y-o-Y Change in Average
Apartment Rent

-1.5%

As of November 2024

Compared to a year ago, Harrah, Oklahoma apartments have recorded a -1.5% rent decrease.

Harrah, Oklahoma Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Harrah $562 $536 $595 $667 $636 $624 $652 $636 $595 $642
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Harrah
National
Nov 2021
$562
$1,596
Mar 2022
$536
$1,635
Jul 2022
$595
$1,708
Nov 2022
$667
$1,726
Mar 2023
$636
$1,714
Jul 2023
$624
$1,739
Nov 2023
$652
$1,733
Mar 2024
$636
$1,727
Jul 2024
$595
$1,752
Nov 2024
$642
$1,748

Harrah, Oklahoma Average Apartment Rent

Harrah, Oklahoma Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 82.35%, apartments priced $500 - $700 represent the bulk of Harrah, Oklahoma rentals, while condos priced $700 - $1000 hold the lowest share of the market – 17.65%.

Harrah, Oklahoma Housing tenure**

Renter occupied housing units 670
Owner occupied housing units 1,678

Renters take up 29% of Harrah, Oklahoma real estate, occupying a total of 670 units, while homeowners live in 1,678 properties.

Median number of rooms of renter-occupied housing units**

5

Renter median household income**

$40,163

Average household size of renter-occupied housing units**

2.83

Rental vacancy rate**

10.8%

Harrah, Oklahoma Renter-occupied housing units by no. of bedrooms**

No bedrooms 26
1 bed 94
2 beds 143
3 beds 323
4 beds 84

There are 323 rentals in Harrah, Oklahoma with 3 beds making up the highest share of the market, at 48%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 26 units. Overall, the median number of rooms in Harrah, Oklahoma homes for rent is 5.

Harrah, Oklahoma Renter-occupied units by age of householder**

15 - 24 years 81
25 - 34 years 83
35 - 44 years 152
45 - 54 years 155
55 - 59 years 25
60 - 64 years 32
65 - 74 years 94
75 - 84 years 16
85 years and over 32

Most condos for rent in Harrah, Oklahoma are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.

Harrah, Oklahoma Renter-occupied housing units by family type**

Family households 433
Non-Family Households 237

Harrah, Oklahoma Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 236
No related children of the householder under 18 434

A total of 433 apartments for rent in Harrah, Oklahoma, or 65% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 236 units. All in all, the median size of a renter-occupied household in Harrah, Oklahoma is 2.83.

Harrah, Oklahoma Renter-occupied housing units by educational attainment**

Less than high school graduate 84
High school graduate (including equivalency) 254
Some college or associate's degree 247
Bachelor's degree or higher 85

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Harrah, Oklahoma.

Harrah, Oklahoma Renter-occupied units by year structure built**

Built 2010 - 2019 143
Built 2000 - 2009 12
Built 1990 - 1999 86
Built 1980 - 1989 170
Built 1970 - 1979 141
Built 1960 - 1969 19
Built 1950 - 1959 65
Built 1940 - 1949 11
Built 1939 or earlier 23

The highest share of Harrah, Oklahoma apartment rentals, namely 25% or 170 units, were Built 1980 - 1989, followed by those Built 2010 - 2019 (21%, 143 units), and the ones Built 1970 - 1979 (21%, 141 units).

Harrah, Oklahoma Renter-occupied units by year householder moved in**

Moved in 2021 or later 29
Moved in 2018 to 2020 221
Moved in 2010 to 2017 361
Moved in 2000 to 2009 26
Moved in 1990 to 1999 33

Median year renter moved into unit 2016

Most Harrah, Oklahoma renters (54%) moved in 2010 to 2017, while only 4% of them moved in 2021 or later. Overall, the median year renters have occupied their Harrah, Oklahoma condos for rent is 2016.

Harrah, Oklahoma Renter-occupied housing units by vehicles available**

No vehicle available 52
1 vehicle available 236
2 vehicles available 283
3 vehicles available 80
4 vehicles available 7
5 or more vehicles available 12

When it comes to transportation options, 42% of Harrah, Oklahoma renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 12% have 3 vehicles available.

Harrah, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 657
Car, truck, or van - carpooled 67
Walked 19
Worked at home 53

Harrah, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,642
Moved within same county 79
Moved from different county within same state 142
Moved from different state 23

Harrah, Oklahoma Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Harrah, Oklahoma apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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