Verdigris, 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 Verdigris, Oklahoma rental market.

Verdigris, Oklahoma

Average Apartment Rent

$873

Y-o-Y Change in Average
Apartment Rent

3.4%

As of November 2024

Compared to a year ago, Verdigris, Oklahoma apartments have recorded a 3.4% rent increase.

Verdigris, 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
Verdigris $682 $684 $760 $784 $788 $788 $844 $846 $840 $873
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Verdigris
National
Nov 2021
$682
$1,596
Mar 2022
$684
$1,635
Jul 2022
$760
$1,708
Nov 2022
$784
$1,726
Mar 2023
$788
$1,714
Jul 2023
$788
$1,739
Nov 2023
$844
$1,733
Mar 2024
$846
$1,727
Jul 2024
$840
$1,752
Nov 2024
$873
$1,748

Verdigris, Oklahoma Average Apartment Rent

Verdigris, Oklahoma Housing tenure**

Renter occupied housing units 195
Owner occupied housing units 1,663

Renters take up 10% of Verdigris, Oklahoma real estate, occupying a total of 195 units, while homeowners live in 1,663 properties.

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

5.2

Renter median household income**

$52,695

Average household size of renter-occupied housing units**

2.51

Rental vacancy rate**

3.9%

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

2 beds 60
3 beds 127
4 beds 8

There are 127 rentals in Verdigris, Oklahoma with 3 beds making up the highest share of the market, at 65%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 8 units. Overall, the median number of rooms in Verdigris, Oklahoma homes for rent is 5.2.

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

15 - 24 years 10
25 - 34 years 43
35 - 44 years 46
45 - 54 years 43
55 - 59 years 3
60 - 64 years 6
65 - 74 years 41
75 - 84 years 3

Most condos for rent in Verdigris, Oklahoma are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

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

Family households 122
Non-Family Households 73

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

With related children of the householder under 18 84
No related children of the householder under 18 111

A total of 122 apartments for rent in Verdigris, Oklahoma, or 63% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 84 units. All in all, the median size of a renter-occupied household in Verdigris, Oklahoma is 2.51.

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

Less than high school graduate 11
High school graduate (including equivalency) 94
Some college or associate's degree 90

In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Verdigris, Oklahoma.

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

Built 2010 - 2019 7
Built 2000 - 2009 29
Built 1990 - 1999 42
Built 1980 - 1989 32
Built 1970 - 1979 12
Built 1960 - 1969 73

The highest share of Verdigris, Oklahoma apartment rentals, namely 37% or 73 units, were Built 1960 - 1969, followed by those Built 1990 - 1999 (22%, 42 units), and the ones Built 1980 - 1989 (16%, 32 units).

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

Moved in 2021 or later 6
Moved in 2018 to 2020 68
Moved in 2010 to 2017 45
Moved in 2000 to 2009 45
Moved in 1990 to 1999 19
Moved in 1989 or earlier 12

Median year renter moved into unit 2014

Most Verdigris, Oklahoma renters (35%) moved in 2018 to 2020, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Verdigris, Oklahoma condos for rent is 2014.

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

1 vehicle available 106
2 vehicles available 63
3 or more vehicles available 26

When it comes to transportation options, 54% of Verdigris, Oklahoma renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 13% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 183
Car, truck, or van - carpooled 8
Walked 32
Taxicab, motorcycle, bicycle, or other means 7

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

Same house as 1 year ago 291
Moved within same county 44
Moved from different county within same state 139
Moved from different state 16

Verdigris, 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 Verdigris, 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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