The Village, 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 The Village, Oklahoma rental market.
The Village, Oklahoma
Average Apartment Rent
$958
Y-o-Y Change in Average
Apartment Rent
3.9%
As of November 2024
Compared to a year ago, The Village, Oklahoma apartments have recorded a 3.9% rent increase.
The Village, Oklahoma Average apartment rent trend
The Village, Oklahoma Average Apartment Rent
The Village, Oklahoma Apartment rent ranges
At 62.93%, apartments priced $700 - $1000 represent the bulk of The Village, Oklahoma rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 1.77%.
The Village, Oklahoma Housing tenure**
Renters take up 41% of The Village, Oklahoma real estate, occupying a total of 1,932 units, while homeowners live in 2,817 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$54,250
Average household size of renter-occupied housing units**
2.24
Rental vacancy rate**
4%
The Village, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 1,148 rentals in The Village, Oklahoma with 3 beds making up the highest share of the market, at 59%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in The Village, Oklahoma homes for rent is 5.1.
The Village, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in The Village, Oklahoma are occupied by residents in the 25 - 34 years age group (35%), followed by those in the 15 - 24 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
The Village, Oklahoma Renter-occupied housing units by family type**
The Village, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 913 apartments for rent in The Village, Oklahoma, or 47% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 526 units. All in all, the median size of a renter-occupied household in The Village, Oklahoma is 2.24.
The Village, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in The Village, Oklahoma.
The Village, Oklahoma Renter-occupied units by year structure built**
The highest share of The Village, Oklahoma apartment rentals, namely 34% or 664 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (26%, 493 units), and the ones Built 1970 - 1979 (14%, 261 units).
The Village, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most The Village, Oklahoma renters (47%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their The Village, Oklahoma condos for rent is 2018.
The Village, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of The Village, Oklahoma renters have 2 vehicles available per household, 26% of them have 1 vehicle available, and 14% have 3 vehicles available.
The Village, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
The Village, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
The Village, 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 The Village, 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
