Stroud, 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 Stroud, Oklahoma rental market.

Stroud, 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, Stroud, Oklahoma apartments have recorded a 7.6% rent increase.

Stroud, 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
Stroud $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
Stroud
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

Stroud, Oklahoma Average Apartment Rent

Stroud, 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 Stroud, Oklahoma rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.42%.

Stroud, Oklahoma Housing tenure**

Renter occupied housing units 352
Owner occupied housing units 705

Renters take up 33% of Stroud, Oklahoma real estate, occupying a total of 352 units, while homeowners live in 705 properties.

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

4.5

Renter median household income**

$31,923

Average household size of renter-occupied housing units**

2.44

Rental vacancy rate**

12.3%

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

No bedrooms 13
1 bed 118
2 beds 77
3 beds 119
4 beds 23
5 or more beds 2

There are 119 rentals in Stroud, Oklahoma with 3 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 2 units. Overall, the median number of rooms in Stroud, Oklahoma homes for rent is 4.5.

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

15 - 24 years 18
25 - 34 years 55
35 - 44 years 65
45 - 54 years 44
55 - 59 years 46
60 - 64 years 28
65 - 74 years 39
75 - 84 years 41
85 years and over 16

Most condos for rent in Stroud, Oklahoma are occupied by residents in the 35 - 44 years age group (18%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 5%.

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

Family households 178
Non-Family Households 174

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

With related children of the householder under 18 126
No related children of the householder under 18 226

A total of 178 apartments for rent in Stroud, Oklahoma, or 51% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 126 units. All in all, the median size of a renter-occupied household in Stroud, Oklahoma is 2.44.

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

Less than high school graduate 33
High school graduate (including equivalency) 171
Some college or associate's degree 110
Bachelor's degree or higher 38

In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Stroud, Oklahoma.

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

Built 2010 - 2019 12
Built 2000 - 2009 28
Built 1990 - 1999 17
Built 1980 - 1989 24
Built 1970 - 1979 153
Built 1960 - 1969 28
Built 1950 - 1959 32
Built 1940 - 1949 10
Built 1939 or earlier 48

The highest share of Stroud, Oklahoma apartment rentals, namely 43% or 153 units, were Built 1970 - 1979, followed by those Built 1939 or earlier (14%, 48 units), and the ones Built 1950 - 1959 (9%, 32 units).

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

Moved in 2021 or later 21
Moved in 2018 to 2020 94
Moved in 2010 to 2017 178
Moved in 2000 to 2009 54
Moved in 1990 to 1999 5

Median year renter moved into unit 2015

Most Stroud, Oklahoma renters (51%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Stroud, Oklahoma condos for rent is 2015.

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

No vehicle available 60
1 vehicle available 166
2 vehicles available 118
3 or more vehicles available 8

When it comes to transportation options, 47% of Stroud, Oklahoma renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 305
Car, truck, or van - carpooled 19
Worked at home 18

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

Same house as 1 year ago 701
Moved within same county 85
Moved from different county within same state 49
Moved from different state 12

Stroud, 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 Stroud, 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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