Cleveland County Oklahoma Residential Rent and Rental Statistics
The median monthly gross residential rent in Cleveland County OK was $926 in 2019 according to the Census ACS survey.1 Average gross rent in Cleveland County was $960 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Cleveland County median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Cleveland County Oklahoma (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Oklahoma Median Gross Rent | $814 | -1.09% | +4.49% |
| Cleveland County OK Median Gross Rent | $926 | +1.65% | +4.16% |
Cleveland County OK Real Gross Rent Trends
Median gross rent for Cleveland County peaked in real terms in 2017 at $928 and is now $2 (0.22%) lower. Average gross rent for Cleveland County peaked in real terms in 2015 at $983 and is now $23 (2.34%) lower.
Real Gross Rent: Cleveland County OK Median, Cleveland County OK Average, Oklahoma Median, US Median
Real Gross Rent History for Cleveland County
| Date | US Median |
Oklahoma Median |
Cleveland County OK Median |
Cleveland County OK Average |
|---|---|---|---|---|
| 2019 | $1,097 | $814 | $926 | $960 |
| 2018 | $1,077 | $823 | $911 | $937 |
| 2017 | $1,043 | $804 | $928 | $954 |
| 2016 | $1,027 | $779 | $889 | $950 |
| 2015 | $1,017 | $805 | $923 | $983 |
| 2014 | $986 | $778 | $855 | $898 |
| 2013 | $953 | $742 | $866 | $907 |
| 2012 | $940 | $730 | $823 | $879 |
| 2011 | $941 | $729 | $848 | $861 |
| 2010 | $955 | $736 | $868 | $884 |
| 2009 | $960 | $725 | $839 | $853 |
| 2007 | $927 | $691 | $791 | $812 |
| 2005 | $910 | $684 | $780 | $813 |
Cleveland County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Cleveland County Oklahoma was 6.19% according to Census ACS data.
Rental Vacancy Rate in Cleveland County Oklahoma
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Oklahoma | 8.00% | -0.47% | -0.08% |
| Cleveland County OK | 6.19% | +0.84% | -1.51% |
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 5.47% to 6.19%. Data records for this series originated in 2005. From a 2018 post peak low of 5.35%, the rental vacancy rate has increased by 0.84%.
Rental Vacancy Rate: Cleveland County OK, Oklahoma, US
Historical Rental Vacancy Rate data for Cleveland County
| Date | US | Oklahoma | Cleveland County OK |
|---|---|---|---|
| 2019 | 5.97% | 8.00% | 6.19% |
| 2018 | 6.15% | 8.47% | 5.35% |
| 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% |
| 2007 | 7.87% | 9.33% | 10.45% |
| 2005 | 7.74% | 9.97% | 5.42% |
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 17.28% in 2019 according to the ACS.
Cleveland County Oklahoma Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Oklahoma | 17.94% | -0.73% | -0.22% |
| Cleveland County OK | 17.28% | -0.01% | +0.66% |
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 1.01% to 17.28%.
Fraction of Income towards Rent: Cleveland County OK, Oklahoma, US
Historical Data for Annual Rent as a Fraction of Income in Cleveland County Oklahoma
| Date | US | Oklahoma | Cleveland County OK |
|---|---|---|---|
| 2019 | 20.03% | 17.94% | 17.28% |
| 2018 | 20.50% | 18.67% | 17.30% |
| 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% |
| 2007 | 18.66% | 16.98% | 15.87% |
| 2005 | 18.89% | 17.71% | 16.66% |
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 2019 36.19% of households were renters according to Census ACS data.
Cleveland County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Oklahoma | 34.46% | -0.10% | -0.64% |
| Cleveland County OK | 36.19% | -2.06% | -0.08% |
Trends in the Cleveland County OK Renter Fraction
The Cleveland County household renter fraction peaked in in 2018 at 38.25% and is now 2.06% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cleveland County OK, Oklahoma, US
History of Cleveland County Renter Fraction
| Date | US | Oklahoma | Cleveland County OK |
|---|---|---|---|
| 2019 | 35.89% | 34.46% | 36.19% |
| 2018 | 36.05% | 34.56% | 38.25% |
| 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% |
| 2007 | 32.80% | 31.77% | 31.33% |
| 2005 | 33.10% | 32.13% | 34.30% |
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. ↩
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