Edmond, OK Rental Market Trends
Highlights
The average rent for an apartment in Edmond is $948, a 6% increase compared to the previous year, when the average rent was $894.
Average Rent in Edmond, OK
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $948 | 6% | 908 sq. ft. |
The average size for a Edmond, OK apartment is 908 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Edmond, OK Apartment Rent Ranges
- < $5002%
- $501-$70010%
- $701-$1,00065%
- $1,001-$1,50016%
- $1,501-$2,0004%
- > $2,0003%
Edmond, OK Occupied Housing Units
- Renter-occupied Households27%
- Owner-occupied Households72%
9,392 or 27% of the households in Edmond, OK are renter-occupied while 24,212 or 72% are owner-occupied.
Edmond, OK Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Edmond, OK | $862 | $868 | $879 | $870 | $870 | $890 | $894 | $911 | $925 | $948 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Edmond, OK By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Valencia | $956 |
| Twin Oaks | $956 |
| The Valley | $956 |
| Stoneridge | $956 |
| Rose Creek | $956 |
| Mulholland | $956 |
| Deer Creek | $956 |
| Copper Creek | $956 |
The most affordable neighborhoods in Edmond are Copper Creek, where the average rent goes for $956/month, Deer Creek, where renters pay $956/mo on average, and Mulholland, where the average rent goes for $956/mo. If you’re looking for other great deals, check out the listings from Rose Creek ($956), Stoneridge ($956), and The Valley ($956), where the asking prices are below the average Edmond rent of $948/mo.
The most expensive neighborhoods in Edmond are The Valley ($956), Twin Oaks ($956) and Valencia ($956).
The most popular neighborhood in Edmond is Copper Creek, where there are 1 verified RENTCafé listings with an average rent of $956. Next up is Deer Creek, where apartments go for $956/month, followed by Mulholland with $956 If you’re looking to rent in Edmond’s most popular neighborhoods, make sure to also check out Rose Creek, where renters pay $956 on average, and Stoneridge, where the average monthly rent is $956.
Edmond | Rent Comparison by Neighborhood
Rent in Copper Creek is the same as in Deer Creek
Copper Creek rent is 1% higher than Edmond average
| Average Rent | $956 |
|---|
Deer Creek rent is 1% higher than Edmond average
| Average Rent | $956 |
|---|
How Edmond Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oklahoma City | $787 | 4% |
| Tulsa | $717 | 5% |
| Lawton | $662 | 3% |
| Norman | $897 | 1% |
| Stillwater | $838 | 2% |
| Moore | $825 | 3% |
| Newcastle | $893 | 2% |
| Edmond | $948 | 6% |
| Warr Acres | $693 | 4% |
| The Village | $710 | 13% |
For more information about the Edmond rental trends, check out our monthly rent report
Check out Oklahoma Cities, Oklahoma Neighborhoods and Oklahoma Zip Codes for more details on verified listings, including the Oklahoma Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!