Apartments in 73118

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$1,200
3633 N Walker Ave Oklahoma City, OK
2 BR | Available Now
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$1,200
1520 NW 47th St Oklahoma City, OK
2 BR | Available Now
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How much does it cost to rent an apartment in 73118?

73118 apartments
Bed Type Average Rent Range
Studio $700 $700 - $730
1BR $900 $790 - $1,080
2BR $1,200 $940 - $1,480
3BR $1,450 $1,250 - $2,800
Find an Apartment in 73118
Are you searching for apartments for rent in the 73118 zip code of Oklahoma City, OK? Rentable provides rental information for this area, with an average rent of $1,200. The minimum rent for a studio floor plan starts at $699. Currently, there are 39 units available for rent in this desirable location.

The 73118 zip code is known for its vibrant and diverse communities. Nearby points of interest include the popular neighborhood of Nichols Hills and the lively entertainment district of Uptown 23rd Street. Residents can enjoy easy access to Lake Hefner, which offers scenic walking trails, water activities, and beautiful sunsets.

When it comes to community amenities, the 73118 area has a variety to offer. From fitness centers and swimming pools to on-site laundry facilities and pet-friendly policies, there are options to suit every lifestyle.

Whether you're a young professional seeking a trendy apartment near the local hotspots or a small family looking for a cozy home close to parks and schools, there are apartments near 73118 that cater to your needs. Explore Rentable's listings in the 73118 area and discover your dream rental today.

Oklahoma City:
November Rent Report

Welcome to the November 2024 Oklahoma City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Oklahoma City rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Oklahoma City and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Oklahoma City average rent prices in the chart below.

Monthly Rent Report

$1,150
$860
$580
$290
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Oklahoma City Rent Prices Decrease From October to November

Oklahoma City rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Oklahoma City one-bedroom apartments currently stands at $876.0.

When we take a look at the two-bedroom comparison from October to November, Oklahoma City experienced a -0.28% decrease for the price of a two-bedroom apartment. The rent price for a Oklahoma City two-bedroom apartments currently stands at $1,059.0.

November Prices: Oklahoma City vs. Surrounding Areas

Edmond, OK
Yukon, OK
Moore, OK
Oklahoma City, OK
Bethany, OK
Norman, OK
Midwest City, OK
$1,135
$1,076
$1,046
$876
$841
$833
$815
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent

Rent Prices in Oklahoma City and Surrounding Areas

Rent prices have decreased in Oklahoma City over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Oklahoma City suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Norman, OK, Edmond, OK, Moore, OK, Bethany, OK .

  • Rent decreased in Midwest City, OK, Yukon, OK.

  • 3 suburbs are currently priced higher than the city of Oklahoma City.

  • 3 suburbs are currently priced lower than the city of Oklahoma City.

November 2024 Pricing Trends: Oklahoma City vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Oklahoma City, OK
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$876
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Oklahoma City Rent Prices More Affordable Than Major Cities

Rent growth in Oklahoma City over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Oklahoma City average rent prices appear to be relatively affordable for local residents.

The price for a Oklahoma City one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Oklahoma City and surrounding area rent prices, take a look at the complete data set below.

Data set for Oklahoma City and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Oklahoma City, OK $876.0 -0.23% $1,062.0 0.66%
Norman, OK $833.0 0.97% $1,006.0 1.31%
Edmond, OK $1,135.0 0.27% $1,294.0 -2.34%
Midwest City, OK $815.0 -2.16% $891.0 -4.81%
Moore, OK $1,046.0 4.08% $1,082.0 0.56%
Bethany, OK $841.0 2.81% $1,074.0 -1.20%
Yukon, OK $1,076.0 -1.38% $1,261.0 1.78%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.