What is the rental vacancy rate in Oklahoma City, OK?
The rental vacancy rate in Oklahoma City, OK is 7.6% (±0.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.0% (±0.3 points).
26,301 (±1,177) homes, 8.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Oklahoma City, the rental vacancy rate went from 9.4% in 2015–2019 to 7.6% in 2020–2024 (−1.8 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 7.6% (±0.7 points)
- Homeowner vacancy rate
- 1.0% (±0.3 points)
- Vacant homes
- 26,301 (±1,177)
Vacancy in Oklahoma City against Oklahoma County, its state and the nation
| Oklahoma City | Oklahoma County | Oklahoma | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.6% (±0.7 points) | 7.6% (±0.6 points) | 6.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.0% (±0.3 points) | 1.0% (±0.2 points) | 1.2% (±0.1 points) | 0.9% |
| Vacant housing units | 26,301 (±1,177) | 32,490 (±1,382) | 212,738 (±2,525) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Oklahoma City, the rental vacancy rate is not measurably different from Oklahoma County (7.6%).
It is also higher than in Oklahoma (6.5%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Oklahoma City
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Oklahoma City | — | 7.6% (±0.7 points) | — |
| Smith Village | 3.4 mi | 0.0% (±100.0 points) | Not measurably different |
| Del City | 4.3 mi | 3.2% (±2.4 points) | Lower |
| Forest Park | 4.8 mi | 0.0% (±50.1 points) | Not measurably different |
| Valley Brook | 4.8 mi | 0.0% (±20.0 points) | Not measurably different |
| Nichols Hills | 5.7 mi | 0.0% (±17.2 points) | Not measurably different |
| Warr Acres | 7.2 mi | 10.3% (±6.7 points) | Not measurably different |
| The Village | 7.5 mi | 6.3% (±5.0 points) | Not measurably different |
| Bethany | 7.7 mi | 16.2% (±4.6 points) | Higher |
Nearby places with a measurably lower figure: Del City, OK (3.2%).
Nearby places with a measurably higher figure: Bethany, OK (16.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Oklahoma County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Bethany | 16.2% (±4.6 points) |
| 2 | Nicoma Park | 14.5% (±11.9 points) |
| 3 | Warr Acres | 10.3% (±6.7 points) |
| 4 | Choctaw | 8.3% (±7.5 points) |
| 5 | Oklahoma City | 7.6% (±0.7 points) |
| 6 | Harrah | 7.1% (±5.7 points) |
| 7 | The Village | 6.3% (±5.0 points) |
| 8 | Midwest City | 5.9% (±1.6 points) |
| 9 | Edmond | 5.8% (±1.8 points) |
| 10 | Jones | 3.5% (±4.1 points) |
| 11 | Del City | 3.2% (±2.4 points) |
Showing 11 of 19 places in Oklahoma County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Oklahoma City
Is it hard to find a rental in Oklahoma City?
The rental vacancy rate in Oklahoma City, OK is 7.6% (±0.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Oklahoma City tighter than it was?
In Oklahoma City, the rental vacancy rate went from 9.4% in 2015–2019 to 7.6% in 2020–2024 (−1.8 percentage points), a measurable decrease.
How many homes are vacant in Oklahoma City?
An estimated 26,301 (±1,177) housing units, 8.6% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oklahoma City city, Oklahoma
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oklahoma City city, Oklahoma
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oklahoma City city, Oklahoma (place:55000, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Fair Market Rent in Oklahoma City
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