Nichols Hills, OK Rental Market Trends
Highlights
The average rent for an apartment in Nichols Hills is $655, a 1% increase compared to the previous year, when the average rent was $647.
Average Rent in Nichols Hills, OK
Last updated Mar 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $655 | 1% | 900 sq. ft. |
The average size for a Nichols Hills, OK apartment is 900 square feet, but this number varies greatly depending on apartment type. 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.
Nichols Hills, OK Apartment Rent Ranges
- < $50013%
- $501-$70059%
- $701-$1,00025%
- $1,001-$1,5003%
Nichols Hills, OK Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Mar / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Nichols Hills, OK | $679 | $672 | $655 | $638 | $631 | $647 | $640 | $640 | $655 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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How Does Nichols Hills Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oklahoma City | $756 | 3% |
| The Village | $633 | n/a |
| Warr Acres | $663 | 1% |
| Bethany | $629 | 3% |
| Del City | $602 | 4% |
| Edmond | $890 | 1% |
| Choctaw | $815 | 36% |
| Nichols Hills | $655 | 1% |
For more information about the Nichols Hills rental trends, check out our monthly rent report
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 Nichols Hills 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.