Department of Numbers

Cleveland County Oklahoma Residential Rent and Rental Statistics

The median monthly gross residential rent in Cleveland County OK was $900 in 2017 according to the Census ACS survey.1 Average gross rent in Cleveland County was $925 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Cleveland County median and average rent data will be released in September of 2019.

Data is also available below for Cleveland County rental vacancy rates, Cleveland County rent as a percent of median income and the fraction of renters in Cleveland County.

Show dollars as: Nominal Real

Real Gross Rent in Cleveland County Oklahoma (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Oklahoma Median Gross Rent $780 +3.17% +3.31%
Cleveland County OK Median Gross Rent $900 +4.41% +8.56%

Cleveland County OK Real Gross Rent Trends

At $900, real median gross rent in Cleveland County was at its highest level in 2017 since the series began in 2005. Average gross rent for Cleveland County peaked in real terms in 2015 at $954 and is now $29 (3.04%) lower.

Real Gross Rent: Cleveland County OK Median, Cleveland County OK Average, Oklahoma Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Cleveland County

Date US
Median
Oklahoma
Median
Cleveland County OK
Median
Cleveland County OK
Average
2017 $1,012 $780 $900 $925
2016 $996 $756 $862 $921
2015 $987 $781 $895 $954
2014 $956 $755 $829 $871
2013 $924 $720 $840 $879
2012 $912 $708 $799 $852
2011 $912 $707 $822 $835
2010 $927 $714 $842 $857
2009 $931 $703 $814 $827
2008 $947 $705 $796 $828
2007 $899 $670 $767 $787
2006 $909 $691 $785 $817

Cleveland County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Cleveland County Oklahoma was 9.49% according to Census ACS data.

Rental Vacancy Rate in Cleveland County Oklahoma

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Oklahoma 8.57% +0.49% +0.45%
Cleveland County OK 9.49% +1.79% +1.41%

Trends in Cleveland County OK Rental Vacancy Rate

The rental vacancy rate in Cleveland County peaked in 2011 at 11.66%. Since then it has fallen by 2.17% to 9.49%. Data records for this series originated in 2005.

Rental Vacancy Rate: Cleveland County OK, Oklahoma, US

Rental vacancy rate in Oklahoma

Historical Rental Vacancy Rate data for Cleveland County

Date US Oklahoma Cleveland County OK
2017 6.18% 8.57% 9.49%
2016 5.89% 8.08% 7.70%
2015 5.85% 7.76% 7.99%
2014 6.32% 8.12% 8.08%
2013 6.49% 8.19% 5.63%
2012 6.77% 8.16% 7.76%
2011 7.40% 8.52% 11.66%
2010 8.17% 8.52% 5.90%
2009 8.43% 8.41% 8.67%
2008 7.86% 9.18% 9.69%
2007 7.87% 9.33% 10.45%
2006 7.70% 10.14% 7.95%

Rent as a Fraction of Income

Using median household income data for Cleveland County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cleveland County, median monthly gross rent as a fraction of median household income was 17.64% in 2017 according to the ACS.

Cleveland County Oklahoma Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Oklahoma 18.70% +0.55% +0.09%
Cleveland County OK 17.64% +1.02% +0.97%

Trends in Cleveland County OK Rent as a Fraction of Income

The fraction of median Cleveland County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 18.29%. Since then it has fallen by 0.65% to 17.64%.

Fraction of Income towards Rent: Cleveland County OK, Oklahoma, US

Percent of median household income going towards median monthly gross rent in Cleveland County Oklahoma

Historical Data for Annual Rent as a Fraction of Income in Cleveland County Oklahoma

Date US Oklahoma Cleveland County OK
2017 20.13% 18.70% 17.64%
2016 20.43% 18.16% 16.62%
2015 20.63% 18.75% 17.59%
2014 20.89% 18.61% 16.68%
2013 20.78% 18.52% 18.15%
2012 20.65% 18.58% 17.28%
2011 20.70% 18.74% 18.25%
2010 20.50% 18.80% 18.29%
2009 20.12% 18.32% 17.13%
2008 19.00% 17.21% 15.47%
2007 18.66% 16.98% 15.87%
2006 18.90% 17.95% 16.62%

Renter Fraction in Cleveland County Oklahoma

You can calculate the renter fraction in Cleveland County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Cleveland County as a fraction of total Cleveland County households. In 2017 37.84% of households were renters according to Census ACS data.

Cleveland County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Oklahoma 34.54% -0.56% -0.32%
Cleveland County OK 37.84% +1.57% +3.41%

Trends in the Cleveland County OK Renter Fraction

At 37.84%, the 2017 household based renter fraction in Cleveland County was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Cleveland County OK, Oklahoma, US

Fraction of renters in Cleveland County

History of Cleveland County Renter Fraction

Date US Oklahoma Cleveland County OK
2017 36.13% 34.54% 37.84%
2016 36.88% 35.10% 36.27%
2015 36.97% 34.66% 34.42%
2014 36.90% 34.86% 34.43%
2013 36.50% 34.46% 36.52%
2012 36.09% 33.62% 33.08%
2011 35.42% 32.97% 30.30%
2010 34.65% 32.21% 32.97%
2009 34.13% 32.81% 32.35%
2008 33.36% 32.76% 32.34%
2007 32.80% 31.77% 31.33%
2006 32.73% 31.39% 31.24%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.