Homes & Apartments for Rent in 73118

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What to Know About

Living in 73118

Oklahoma City is the capital of Oklahoma, where tradition meets modernity, and a blend of culture, entertainment, and outdoor activities offers a unique experience. This thriving city is steeped in history and culture, with a booming economy and a dynamic arts scene, hosting events such as the Oklahoma City Festival of the Arts, the Martin Luther King Jr. Day Parade, and the Oklahoma State Fair. With various museums and cultural landmarks, including the National Cowboy & Western Heritage Museum, visitors can explore the history of the American West.

The Oklahoma City Museum of Art showcases diverse artwork, and the Civic Center Music Hall is home to the Oklahoma City Ballet and Broadway shows. For sports enthusiasts, the Oklahoma City Thunder (NBA) offers excitement and competitive spirit, while parks and recreation areas, such as the Myriad Botanical Gardens and the Oklahoma City Zoo, provide tranquility from the hustle and bustle of the city. In addition, Oklahoma City boasts a flourishing food scene, offering a range of cuisines, from classic American to international flavors.

Come and discover the unique charm and thriving energy of Oklahoma City that makes it such a great place to live.

Rental Market Trends

Oklahoma City, OK

As of April 2026, Oklahoma City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oklahoma City's average rent is 8.1% ($93) lower than the Oklahoma average of $1,148 and 41.0% ($733) lower than the U.S. average of $1,788.

Average Rent
$1,055
Monthly ChangeMonth Over Month Change
Decreased1.8% ($19)
Yearly ChangeYear Over Year Change
Decreased0.9% ($10)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $917 Decreased2.3% ($22) Increased1.4% ($13)
2 Beds $1,022 Decreased4.7% ($50) Decreased2.5% ($26)
3 Beds $1,378 Increased1.5% ($21) Decreased3.3% ($47)
Nearby Cities Average Rent Avg. Rent vs. Oklahoma CityAverage Rent vs. Oklahoma City Avg. Days on MarketAverage Days on Market
Bethany $943 Decreased10.6% ($112) 27 days
Yukon $1,274 Increased20.8% ($219) 28 days
Edmond $1,509 Increased43% ($454) 26 days
Choctaw $1,681 Increased59.3% ($626) 32 days
Mustang $1,233 Increased16.9% ($178) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oklahoma City Rental Market FAQs

Explore rental prices, market trends, and availability in Oklahoma City, OK.

The average rent in Oklahoma City, OK is $1,055 per month.
Homes in Oklahoma City typically rent for between $642 and $1,791 per month, with an average of $1,055 per month.
In Oklahoma City, the average rent for a 1-bedroom home is $917 per month, for a 2-bedroom home, $1,022 per month, and a 3-bedroom home is $1,378 per month.
The average rent in Oklahoma City is 41% ($733) lower than the national average of $1,788 per month.
The average rent in Oklahoma City has decreased by 1.8% ($19) in the last month and decreased by 0.9% ($10) over the past year.
The rental market in Oklahoma City, OK, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oklahoma City, OK, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 817 rental properties available in Oklahoma City, OK.
Based on the current averages, a household would need an annual income of $40,880 to comfortably afford a 2-bedroom home in Oklahoma City.
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