Rent vs Buy in Oklahoma
Compare 11 cities across Oklahoma. Find out whether renting or buying makes more financial sense in your area.
11cities analyzed
Avg Home:$210,606
Avg Rent:$1,279/mo
Avg Price/Rent:13.6
Oklahoma Housing Market Summary
11
Cities Analyzed
0
Favor Buying
9
Favor Renting
2
Toss-Up
Across Oklahoma's 11 analyzed cities, the majority (9 cities) favor renting over buying. High home prices relative to rents make renting more financially attractive in much of Oklahoma.
The average home price in Oklahoma is $210,606, with average rents at $1,279/month. This gives an average price-to-rent ratio of 13.6.
$Most Affordable Cities
$$Most Expensive Cities
All Oklahoma Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Tulsa | $244,543.4 | $1,379.41 | 14.8 | N/A | Rent |
| Norman | $249,079.71 | $1,385.57 | 15.0 | N/A | Rent |
| Broken Arrow | $244,543.4 | $1,379.41 | 14.8 | N/A | Rent |
| Lawton | $150,944.46 | $1,052.43 | 12.0 | 17 yrs | Toss-up |
| Oklahoma City | $219,315.02 | $1,299.74 | 14.1 | N/A | Rent |
| Edmond | $219,315.02 | $1,299.74 | 14.1 | N/A | Rent |
| Moore | $249,079.71 | $1,385.57 | 15.0 | N/A | Rent |
| Midwest City | $219,315.02 | $1,299.74 | 14.1 | N/A | Rent |
| Enid | $137,406.03 | $1,075.93 | 10.6 | 8 yrs | Toss-up |
| Stillwater | $232,536.03 | $1,430.75 | 13.5 | N/A | Rent |
| Muskogee | $150,586.69 | $1,075.22 | 11.7 | N/A | Rent |
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