Department of Numbers

Creek County Oklahoma Residential Rent and Rental Statistics

The median monthly gross residential rent in Creek County OK was $783 in 2017 according to the Census ACS survey.1 Average gross rent in Creek County was $748 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 Creek County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Creek 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%
Creek County OK Median Gross Rent $783 +2.22% +12.18%

Creek County OK Real Gross Rent Trends

At $783, real median gross rent in Creek County was at its highest level in 2017 since the series began in 2005. Average gross rent for Creek County peaked in real terms in 2005 at $755 and is now $7 (0.93%) lower. From a recent low of 528.0 in 2011, real average gross rent has now increased by $220 (41.67%).

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Creek County

Date US
Median
Oklahoma
Median
Creek County OK
Median
Creek County OK
Average
2017 $1,012 $780 $783 $748
2016 $996 $756 $766 $612
2015 $987 $781 $774 $675
2014 $956 $755 $698 $591
2013 $924 $720 $691 $601
2012 $912 $708 $673 $609
2011 $912 $707 $618 $528
2010 $927 $714 $634 $608
2009 $931 $703 $718 $628
2008 $947 $705 $710 $686
2007 $899 $670 $690 $711
2006 $909 $691 $632 $628

Creek 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 Creek County Oklahoma was 5.90% according to Census ACS data.

Rental Vacancy Rate in Creek County Oklahoma

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Oklahoma 8.57% +0.49% +0.45%
Creek County OK 5.90% -0.76% +0.85%

Trends in Creek County OK Rental Vacancy Rate

The rental vacancy rate in Creek County peaked in 2007 at 8.35%. Since then it has fallen by 2.45% to 5.90%. Data records for this series originated in 2005. From a 2015 post peak low of 3.40%, the rental vacancy rate has increased by 2.50%.

Rental Vacancy Rate: Creek County OK, Oklahoma, US

Rental vacancy rate in Oklahoma

Historical Rental Vacancy Rate data for Creek County

Date US Oklahoma Creek County OK
2017 6.18% 8.57% 5.90%
2016 5.89% 8.08% 6.66%
2015 5.85% 7.76% 3.40%
2014 6.32% 8.12% 5.05%
2013 6.49% 8.19% 6.82%
2012 6.77% 8.16% 6.38%
2011 7.40% 8.52%
2010 8.17% 8.52%
2009 8.43% 8.41%
2008 7.86% 9.18%
2007 7.87% 9.33% 8.35%
2006 7.70% 10.14%

Rent as a Fraction of Income

Using median household income data for Creek County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Creek County, median monthly gross rent as a fraction of median household income was 20.04% in 2017 according to the ACS.

Creek 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%
Creek County OK 20.04% -0.70% +2.74%

Trends in Creek County OK Rent as a Fraction of Income

The fraction of median Creek County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 20.75%. Since then it has fallen by 0.70% to 20.04%.

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

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

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

Date US Oklahoma Creek County OK
2017 20.13% 18.70% 20.04%
2016 20.43% 18.16% 20.75%
2015 20.63% 18.75% 19.34%
2014 20.89% 18.61% 17.31%
2013 20.78% 18.52% 18.27%
2012 20.65% 18.58% 17.60%
2011 20.70% 18.74% 18.14%
2010 20.50% 18.80% 17.27%
2009 20.12% 18.32% 19.23%
2008 19.00% 17.21% 16.83%
2007 18.66% 16.98% 17.27%
2006 18.90% 17.95% 17.00%

Renter Fraction in Creek County Oklahoma

You can calculate the renter fraction in Creek 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 Creek County as a fraction of total Creek County households. In 2017 28.28% of households were renters according to Census ACS data.

Creek 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%
Creek County OK 28.28% +0.85% +5.66%

Trends in the Creek County OK Renter Fraction

The Creek County household renter fraction peaked in in 2015 at 29.93% and is now 1.65% below that level. The origin year for the series is 2005.

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

Fraction of renters in Creek County

History of Creek County Renter Fraction

Date US Oklahoma Creek County OK
2017 36.13% 34.54% 28.28%
2016 36.88% 35.10% 27.43%
2015 36.97% 34.66% 29.93%
2014 36.90% 34.86% 22.62%
2013 36.50% 34.46% 24.59%
2012 36.09% 33.62% 25.08%
2011 35.42% 32.97% 25.83%
2010 34.65% 32.21% 26.08%
2009 34.13% 32.81% 27.22%
2008 33.36% 32.76% 25.08%
2007 32.80% 31.77% 28.00%
2006 32.73% 31.39% 22.53%

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.