Average Rent in Tulsa, OK↑ Rents rising 1.0% YoY🔺 2nd priciest in OK

Tulsa, OK has rental prices ranging from $947/month to $1,882/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,007/month — 28% below the national average of $1,400/month. With a median household income of $67,823/year, spending $1,007/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Tulsa Compares

With an average 2-bedroom rent of $1,229/month, Tulsa ranks #2 most expensive of the 70 cities tracked in Oklahoma — pricier than 77% of all US cities in our data.

The Tulsa Rental Market

The Tulsa, OK area has a population of about 1,026,209 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 Tulsa, OK have risen by $12/month (1.0%) over the past year, from $1,217 to $1,229. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Tulsa, OK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $40,280. The local median household income of $67,823 exceeds that threshold by $27,543, making Tulsa relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Tulsa, OK is $217,760, giving a price-to-rent ratio of 14.8. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Tulsa's neighborhoods. Among the highest-value areas are Carriage Trail ($76,695 median home value), Willow Creek ($77,092 median home value), Springdale ($81,017 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Tulsa, OK Affordable?

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

Rent or Buy in Tulsa?

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

Living in Tulsa

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