Moore, 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 Moore, Oklahoma rental market.

Moore, Oklahoma

Average Apartment Rent

$1,041

Y-o-Y Change in Average
Apartment Rent

2.3%

As of July 2024

Compared to a year ago, Moore, Oklahoma apartments have recorded a 2.3% rent increase.

Moore, Oklahoma Average apartment rent trend

Median Rent Jul 2021 Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024
Moore $870 $918 $929 $998 $1,024 $1,026 $1,018 $1,049 $1,071 $1,041
National $1,491 $1,586 $1,625 $1,697 $1,715 $1,704 $1,729 $1,720 $1,714 $1,739
Moore
National
Jul 2021
$870
$1,491
Nov 2021
$918
$1,586
Mar 2022
$929
$1,625
Jul 2022
$998
$1,697
Nov 2022
$1,024
$1,715
Mar 2023
$1,026
$1,704
Jul 2023
$1,018
$1,729
Nov 2023
$1,049
$1,720
Mar 2024
$1,071
$1,714
Jul 2024
$1,041
$1,739

Moore, Oklahoma Average Apartment Rent

Moore, Oklahoma Apartment rent ranges

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

At 61.28%, apartments priced $1,000 - $1,500 represent the bulk of Moore, Oklahoma rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 1.38%.

Moore, Oklahoma Housing tenure**

Renter occupied housing units 7,183
Owner occupied housing units 16,744

Renters take up 30% of Moore, Oklahoma real estate, occupying a total of 7,183 units, while homeowners live in 16,744 properties.

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

4.7

Renter median household income**

$56,013

Average household size of renter-occupied housing units**

2.58

Rental vacancy rate**

4.6%

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

No bedrooms 74
1 bed 1,194
2 beds 1,955
3 beds 3,279
4 beds 552
5 or more beds 129

There are 3,279 rentals in Moore, Oklahoma with 3 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 74 units. Overall, the median number of rooms in Moore, Oklahoma homes for rent is 4.7.

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

15 - 24 years 986
25 - 34 years 2,170
35 - 44 years 1,276
45 - 54 years 1,140
55 - 59 years 344
60 - 64 years 484
65 - 74 years 329
75 - 84 years 264
85 years and over 190

Most condos for rent in Moore, Oklahoma are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 4,180
Non-Family Households 3,003

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

With related children of the householder under 18 2,508
No related children of the householder under 18 4,675

A total of 4,180 apartments for rent in Moore, Oklahoma, or 58% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 2,508 units. All in all, the median size of a renter-occupied household in Moore, Oklahoma is 2.58.

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

Less than high school graduate 728
High school graduate (including equivalency) 1,721
Some college or associate's degree 3,016
Bachelor's degree or higher 1,718

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Moore, Oklahoma.

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

Built 2010 - 2019 1,573
Built 2000 - 2009 998
Built 1990 - 1999 576
Built 1980 - 1989 1,008
Built 1970 - 1979 1,291
Built 1960 - 1969 1,488
Built 1950 - 1959 193
Built 1939 or earlier 40

The highest share of Moore, Oklahoma apartment rentals, namely 22% or 1,573 units, were Built 2010 - 2019, followed by those Built 1960 - 1969 (21%, 1,488 units), and the ones Built 1970 - 1979 (18%, 1,291 units).

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

Moved in 2021 or later 912
Moved in 2018 to 2020 2,924
Moved in 2010 to 2017 2,964
Moved in 2000 to 2009 267
Moved in 1990 to 1999 44
Moved in 1989 or earlier 72

Median year renter moved into unit 2018

Most Moore, Oklahoma renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Moore, Oklahoma condos for rent is 2018.

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

No vehicle available 588
1 vehicle available 3,230
2 vehicles available 2,473
3 vehicles available 616
4 vehicles available 194
5 or more vehicles available 82

When it comes to transportation options, 45% of Moore, Oklahoma renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 9% have 3 vehicles available.

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

Car, truck, or van - drove alone 7,963
Car, truck, or van - carpooled 779
Walked 229
Taxicab, motorcycle, bicycle, or other means 182
Worked at home 707

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

Same house as 1 year ago 11,910
Moved within same county 3,450
Moved from different county within same state 2,027
Moved from different state 907

Moore, 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 Moore, 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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