Kendrick, 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 Kendrick, Oklahoma rental market.

Kendrick, Oklahoma

Average Apartment Rent

$1,219

Y-o-Y Change in Average
Apartment Rent

7.6%

As of November 2024

Compared to a year ago, Kendrick, Oklahoma apartments have recorded a 7.6% rent increase.

Kendrick, 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
Kendrick $1,221 $1,207 $1,066 $1,201 $1,156 $1,140 $1,133 $1,213 $1,213 $1,219
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Kendrick
National
Nov 2021
$1,221
$1,596
Mar 2022
$1,207
$1,635
Jul 2022
$1,066
$1,708
Nov 2022
$1,201
$1,726
Mar 2023
$1,156
$1,714
Jul 2023
$1,140
$1,739
Nov 2023
$1,133
$1,733
Mar 2024
$1,213
$1,727
Jul 2024
$1,213
$1,752
Nov 2024
$1,219
$1,748

Kendrick, Oklahoma Average Apartment Rent

Kendrick, Oklahoma Apartment rent ranges

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

At 96.58%, apartments priced $1,000 - $1,500 represent the bulk of Kendrick, Oklahoma rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.42%.

Kendrick, Oklahoma Housing tenure**

Renter occupied housing units 5
Owner occupied housing units 21

Renters take up 19% of Kendrick, Oklahoma real estate, occupying a total of 5 units, while homeowners live in 21 properties.

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

6

Average household size of renter-occupied housing units**

3.8

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

1 bed 2
3 beds 3

There are 3 rentals in Kendrick, Oklahoma with 3 beds making up the highest share of the market, at 60%. Units with 1 bed, on the other hand, hold the lowest percentage (40%), amounting to 2 units. Overall, the median number of rooms in Kendrick, Oklahoma homes for rent is 6.

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

25 - 34 years 1
35 - 44 years 1
45 - 54 years 2
85 years and over 1

Most condos for rent in Kendrick, Oklahoma are occupied by residents in the 45 - 54 years age group (40%), followed by those in the 85 years and over age group (20%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 20%.

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

Family households 4
Non-Family Households 1

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

With related children of the householder under 18 2
No related children of the householder under 18 3

A total of 4 apartments for rent in Kendrick, Oklahoma, or 80% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 2 units. All in all, the median size of a renter-occupied household in Kendrick, Oklahoma is 3.8.

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

Less than high school graduate 1
High school graduate (including equivalency) 2
Some college or associate's degree 2

In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 20% of the homes for rent in Kendrick, Oklahoma.

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

Built 2010 - 2019 1
Built 2000 - 2009 1
Built 1940 - 1949 1
Built 1939 or earlier 2

The highest share of Kendrick, Oklahoma apartment rentals, namely 40% or 2 units, were Built 1939 or earlier, followed by those Built 1940 - 1949 (20%, 1 units), and the ones Built 2000 - 2009 (20%, 1 units).

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

Moved in 2021 or later 1
Moved in 2010 to 2017 2
Moved in 2000 to 2009 2

Median year renter moved into unit 2012

Most Kendrick, Oklahoma renters (40%) moved in 2000 to 2009, while only 20% of them moved in 2021 or later. Overall, the median year renters have occupied their Kendrick, Oklahoma condos for rent is 2012.

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

No vehicle available 1
1 vehicle available 1
2 vehicles available 1
3 or more vehicles available 2

When it comes to transportation options, 40% of Kendrick, Oklahoma renters have 3 or more vehicles available per household, 20% of them have 2 vehicles available, and 20% have 1 vehicle available.

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

Car, truck, or van - drove alone 5
Car, truck, or van - carpooled 4

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

Same house as 1 year ago 10
Moved within same county 7

Kendrick, 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 Kendrick, 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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