RentData

Average Rent in Delaware County, OK Rents falling 3.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 41,017

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Delaware County, OK has rental prices ranging from $697/month to $1,400/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $702/month — 50% below the national average of $1,400/month. With a median household income of $55,114/year, spending $702/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Delaware County Compares

With an average 2-bedroom rent of $921/month, Delaware County ranks #23 most expensive of the 70 cities tracked in Oklahoma — more affordable than 65% of all US cities in our data.

The Delaware County Rental Market

The Delaware County, OK area has a population of about 41,017 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Delaware County, OK have fallen by $33/month (3.5%) over the past year, from $954 to $921. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Delaware County, OK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,080. The local median household income of $55,114 exceeds that threshold by $27,034, making Delaware County relatively accessible compared to local wages.

Economy & Jobs

Delaware County, OK has an unemployment rate of 4.6%, 0.7 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.

Fair Market Rents

HUD FY2025
Studio
$697
Affordable
1 Bedroom
$702
Affordable
2 Bedrooms
$921
3.5% YoY
Affordable
3 Bedrooms
$1,134
Affordable
4 Bedrooms
$1,400
Average
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Is Delaware County, OK Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$36,840/year
Local median income: $55,114
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $921/month and 20% down on a home at 7% rate.

Nearby Cities in OKlargest metros in the state

CityStudio1BR2BR3BRHome Value
Oklahoma City$886$961$1,180$1,575
Tulsa$890$950$1,179$1,555
Lawton$745$750$962$1,348
Payne County$767$822$1,014$1,421
Pottawatomie County$642$713$936$1,242
Muskogee County$707$712$934$1,170

Rent or Buy in Delaware County?

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

Should I Rent or Buy?

Break-even analysis using real Delaware County data

$
Home Value
$350,000
2BR Rent
$921/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $921/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Delaware County

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Frequently Asked Questions

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🏘️Neighborhoods in Delaware County

Compare rent & home prices by neighborhood

💵Rent Affordability in Delaware County

Salary needed to afford rent here

🗺️All Cities in OK

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⚖️Compare Delaware County

Side-by-side rent & cost of living with any city

📋OK Tenant Rights

Deposit limits, eviction laws & renters protections