Average Rent in Garfield County, OK🔻 2nd cheapest in OK

Garfield County, OK has rental prices ranging from $493/month to $1,217/month in 2019, depending on unit size. The typical 1-bedroom apartment rents for $581/month — 58% below the national average of $1,400/month. With a median household income of $67,302/year, spending $581/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.

How Garfield County Compares

With an average 2-bedroom rent of $768/month, Garfield County ranks #69 most expensive of the 70 cities tracked in Oklahoma — more affordable than 98% of all US cities in our data.

The Garfield County Rental Market

The Garfield County, OK area has a population of about 62,322 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Garfield County, OK have risen by $1/month (0.1%) over the past year, from $767 to $768. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Garfield County, OK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $23,240. The local median household income of $67,302 exceeds that threshold by $44,062, making Garfield County relatively accessible compared to local wages.

Economy & Jobs

Garfield County, OK has an unemployment rate of 4.2%, 0.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Garfield County, OK Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Garfield County?

Break-even analysis and mortgage estimates based on local market data.

Living in Garfield County

Cost of living, job market, crime rates, and moving cost estimates.