Luther, Oklahoma Rental Market Trends
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 Luther, Oklahoma rental market.
Luther, Oklahoma
Average Apartment Rent
$1,077
Y-o-Y Change in Average
Apartment Rent
2.2%
As of September 2026
Compared to a year ago, Luther, Oklahoma apartments have recorded a 2.2% rent increase.
Luther, Oklahoma Average apartment rent trend
Luther, Oklahoma Average Apartment Rent
Luther, Oklahoma Apartment rent ranges
At 50.86%, apartments priced Under $1,000 represent the bulk of Luther, Oklahoma rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.2%.
Luther, Oklahoma Housing tenure**
Renters take up 11% of Luther, Oklahoma real estate, occupying a total of 65 units, while homeowners live in 509 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$64,583
Average household size of renter-occupied housing units**
2.92
Luther, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 32 rentals in Luther, Oklahoma with 3 beds making up the highest share of the market, at 49%. Units with 1 bed, on the other hand, hold the lowest percentage (12%), amounting to 8 units. Overall, the median number of rooms in Luther, Oklahoma homes for rent is 4.7.
Luther, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Luther, Oklahoma are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 6%.
Luther, Oklahoma Renter-occupied housing units by family type**
Luther, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 54 apartments for rent in Luther, Oklahoma, or 83% of all rentals are family households. Additionally, 57% of rental homes include children under the age of 18 – that’s 37 units. All in all, the median size of a renter-occupied household in Luther, Oklahoma is 2.92.
Luther, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Luther, Oklahoma.
Luther, Oklahoma Renter-occupied units by year structure built**
The highest share of Luther, Oklahoma apartment rentals, namely 20% or 13 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (18%, 12 units), and the ones Built 1980 - 1989 (17%, 11 units).
Luther, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Luther, Oklahoma renters (57%) moved in 2010 to 2017, while only 6% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Luther, Oklahoma condos for rent is 2015.
Luther, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Luther, Oklahoma renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 12% have 4 or more vehicles available.
Luther, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Luther, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Luther, 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
