Warr Acres, 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 Warr Acres, Oklahoma rental market.
Warr Acres, Oklahoma
Average Apartment Rent
$906
Y-o-Y Change in Average
Apartment Rent
2.7%
As of November 2024
Compared to a year ago, Warr Acres, Oklahoma apartments have recorded a 2.7% rent increase.
Warr Acres, Oklahoma Average apartment rent trend
Warr Acres, Oklahoma Average Apartment Rent
Warr Acres, Oklahoma Apartment rent ranges
At 68.04%, apartments priced $700 - $1000 represent the bulk of Warr Acres, Oklahoma rentals, while condos priced Under $500 hold the lowest share of the market – 0.06%.
Warr Acres, Oklahoma Housing tenure**
Renters take up 39% of Warr Acres, Oklahoma real estate, occupying a total of 1,490 units, while homeowners live in 2,343 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$31,795
Average household size of renter-occupied housing units**
2.78
Rental vacancy rate**
10.6%
Warr Acres, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 557 rentals in Warr Acres, Oklahoma with 1 bed making up the highest share of the market, at 37%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 59 units. Overall, the median number of rooms in Warr Acres, Oklahoma homes for rent is 4.1.
Warr Acres, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Warr Acres, Oklahoma are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Warr Acres, Oklahoma Renter-occupied housing units by family type**
Warr Acres, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 788 apartments for rent in Warr Acres, Oklahoma, or 53% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 480 units. All in all, the median size of a renter-occupied household in Warr Acres, Oklahoma is 2.78.
Warr Acres, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Warr Acres, Oklahoma.
Warr Acres, Oklahoma Renter-occupied units by year structure built**
The highest share of Warr Acres, Oklahoma apartment rentals, namely 39% or 583 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (25%, 377 units), and the ones Built 1950 - 1959 (9%, 141 units).
Warr Acres, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Warr Acres, Oklahoma renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Warr Acres, Oklahoma condos for rent is 2018.
Warr Acres, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Warr Acres, Oklahoma renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 7% have 4 vehicles available.
Warr Acres, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Warr Acres, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
Warr Acres, 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 Warr Acres, 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
