Okmulgee, 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 Okmulgee, Oklahoma rental market.
Okmulgee, Oklahoma
Average Apartment Rent
$530
Y-o-Y Change in Average
Apartment Rent
-0.9%
As of November 2024
Compared to a year ago, Okmulgee, Oklahoma apartments have recorded a -0.9% rent decrease.
Okmulgee, Oklahoma Average apartment rent trend
Okmulgee, Oklahoma Average Apartment Rent
Okmulgee, Oklahoma Apartment rent ranges
At 50%, apartments priced $500 - $700 represent the bulk of Okmulgee, Oklahoma rentals, while condos priced Under $500 hold the lowest share of the market – 50%.
Okmulgee, Oklahoma Housing tenure**
Renters take up 49% of Okmulgee, Oklahoma real estate, occupying a total of 2,076 units, while homeowners live in 2,191 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$28,819
Average household size of renter-occupied housing units**
2.19
Rental vacancy rate**
7.9%
Okmulgee, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 962 rentals in Okmulgee, Oklahoma with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 59 units. Overall, the median number of rooms in Okmulgee, Oklahoma homes for rent is 4.6.
Okmulgee, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Okmulgee, Oklahoma are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 35 - 44 years age group (15%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.
Okmulgee, Oklahoma Renter-occupied housing units by family type**
Okmulgee, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 999 apartments for rent in Okmulgee, Oklahoma, or 48% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 616 units. All in all, the median size of a renter-occupied household in Okmulgee, Oklahoma is 2.19.
Okmulgee, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Okmulgee, Oklahoma.
Okmulgee, Oklahoma Renter-occupied units by year structure built**
The highest share of Okmulgee, Oklahoma apartment rentals, namely 21% or 435 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (21%, 432 units), and the ones Built 1950 - 1959 (13%, 280 units).
Okmulgee, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Okmulgee, Oklahoma renters (43%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Okmulgee, Oklahoma condos for rent is 2017.
Okmulgee, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Okmulgee, Oklahoma renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 21% have No vehicle available.
Okmulgee, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Okmulgee, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
Okmulgee, 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 Okmulgee, 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
