Rental market snapshot for Norman, Oklahoma

Norman, Oklahoma Rental Property Market Overview

The average rent for an apartment in Norman is $1,196. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.01% over the past year.

Norman, Oklahoma is a city located in the central part of the state. It is the county seat of Cleveland County and is the third-largest city in Oklahoma. The city was founded in 1891 and was named after Abner Norman, the area's original land surveyor. Norman is home to the University of Oklahoma, the state's largest university. The city is also home to a large number of technology companies and is a major center for the aerospace and defense industries.

Last Updated December 23, 2022

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Average monthly rent graph in Norman Oklahoma | Cost of Living

  • The most expensive ZIP Code in Norman is 73072 with an average price of $1,525
  • The cheapest ZIP Code in Norman is 73071 with an average price of $900

Norman ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
173072$1,525
273071$1,395
373071$1,305
473069$979

Live near Norman, Oklahoma's Top Sights and Attractions

Lions is an attraction in Norman, Oklahoma that features two large lions made out of concrete. The lions are located in front of a large building and are a popular photo spot for visitors.

The Oklahoma Museum of Natural History is a large museum with many exhibits on the natural history of Oklahoma. The museum has a wide variety of exhibits on animals, plants, fossils, and the environment. The museum also has a large collection of Native American artifacts.

Colonial Estates is a living history museum that tells the story of the early settlers in the area. Visitors can see how the settlers lived, worked, and played. They can also learn about the Native Americans who lived in the area before the settlers arrived.

The Anne and Henry Zarrow School of Social Work is a school located on the campus of the University of Oklahoma in Norman, Oklahoma. The school offers undergraduate and graduate degrees in social work. The school is accredited by the Council on Social Work Education.

Griffin Memorial is a beautiful park located in Norman, Oklahoma. The park features a large pond, walking trails, and a variety of flowers and trees.

Legacy Trails is a 12-mile trail system that winds through the city of Norman, Oklahoma. The trails are used for walking, running, biking, and rollerblading. The trails are also used for bird watching and picnicking.

Brookhaven Square is a small, quaint shopping center in the heart of Norman, Oklahoma. The shopping center is home to a variety of businesses, including a grocery store, a bakery, a coffee shop, and a few clothing stores. Brookhaven Square is also home to a number of restaurants, including a pizzeria, a Mexican restaurant, and an ice cream shop.

The Reaves Center is a multi-purpose arena on the campus of the University of Oklahoma in Norman, Oklahoma. The arena opened in 1975 and has a capacity of 11,528. It is home to the Oklahoma Sooners men's and women's basketball teams.

Norman, Oklahoma area median rent change by ZIP Code map

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How does Norman compare to other cities in Oklahoma ?

citymedian price
Owasso$1,275
Lawton$850
Yukon$1,695
Newcastle$1,775
Norman$1,295
Stillwater$872

Average household income in Norman area graph - US Census

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The median household income in Norman in 2021 was $58,111. This represents a 24.7% change from 2011 when the median was $46,595.

#categorypercent
0Less than $10,0008.6%
1$10,000 to $14,9993.5%
2$15,000 to $19,9993.6%
3$20,000 to $24,9994.8%
4$25,000 to $29,9994.7%
5$30,000 to $34,9995.2%
6$35,000 to $39,9995.4%
7$40,000 to $44,9994.2%
8$45,000 to $49,9994.3%
9$50,000 to $59,9996.9%
10$60,000 to $74,99910.8%
11$75,000 to $99,99912.1%
12$100,000 to $124,99910.0%
13$125,000 to $149,9995.7%
14$150,000 to $199,9995.0%
15$200,000 or more5.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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