Average Rent in Payne County, OK↓ Rents falling 2.4% YoY🔺 10th priciest in OK

Payne County, OK has rental prices ranging from $799/month to $1,468/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $829/month — 41% below the national average of $1,400/month. With a median household income of $48,937/year, spending $829/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Payne County Compares

With an average 2-bedroom rent of $1,010/month, Payne County ranks #10 most expensive of the 70 cities tracked in Oklahoma — more affordable than 65% of all US cities in our data.

The Payne County Rental Market

The Payne County, OK area has a population of about 82,290 and 49% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Payne County, OK have fallen by $25/month (2.4%) over the past year, from $1,035 to $1,010. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Payne County, OK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,160. The local median household income of $48,937 exceeds that threshold by $15,777, making Payne County relatively accessible compared to local wages.

Economy & Jobs

Payne County, OK has an unemployment rate of 3.6%, 0.3 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Payne County's neighborhoods. Among the highest-value areas are Westwood ($264,269 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Payne County, OK Affordable?

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

Rent or Buy in Payne County?

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

Living in Payne County

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