Creek County Oklahoma Residential Rent and Rental Statistics
The median monthly gross residential rent in Creek County OK was $784 in 2019 according to the Census ACS survey.1 Average gross rent in Creek County was $679 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 Creek County median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Creek 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% |
| Creek County OK Median Gross Rent | $784 | +4.39% | -0.76% |
Creek County OK Real Gross Rent Trends
Median gross rent for Creek County peaked in real terms in 2017 at $807 and is now $23 (2.85%) lower. Average gross rent for Creek County peaked in real terms in 2005 at $779 and is now $100 (12.84%) lower. From a recent low of 544.0 in 2011, real average gross rent has now increased by $135 (24.82%).
Real Gross Rent: Creek County OK Median, Creek County OK Average, Oklahoma Median, US Median
Real Gross Rent History for Creek County
| Date | US Median |
Oklahoma Median |
Creek County OK Median |
Creek County OK Average |
|---|---|---|---|---|
| 2019 | $1,097 | $814 | $784 | $679 |
| 2018 | $1,077 | $823 | $751 | $680 |
| 2017 | $1,043 | $804 | $807 | $771 |
| 2016 | $1,027 | $779 | $790 | $631 |
| 2015 | $1,017 | $805 | $798 | $696 |
| 2014 | $986 | $778 | $720 | $609 |
| 2013 | $953 | $742 | $713 | $619 |
| 2012 | $940 | $730 | $694 | $628 |
| 2011 | $941 | $729 | $637 | $544 |
| 2010 | $955 | $736 | $654 | $627 |
| 2009 | $960 | $725 | $741 | $647 |
| 2007 | $927 | $691 | $712 | $733 |
| 2005 | $910 | $684 | $761 | $779 |
Creek 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 Creek County Oklahoma was 6.28% according to Census ACS data.
Rental Vacancy Rate in Creek County Oklahoma
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Oklahoma | 8.00% | -0.47% | -0.08% |
| Creek County OK | 6.28% | -3.39% | -0.38% |
Trends in Creek County OK Rental Vacancy Rate
The rental vacancy rate in Creek County peaked in 2018 at 9.67%. Since then it has fallen by 3.39% to 6.28%. Data records for this series originated in 2005.
Rental Vacancy Rate: Creek County OK, Oklahoma, US
Historical Rental Vacancy Rate data for Creek County
| Date | US | Oklahoma | Creek County OK |
|---|---|---|---|
| 2019 | 5.97% | 8.00% | 6.28% |
| 2018 | 6.15% | 8.47% | 9.67% |
| 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% | — |
| 2007 | 7.87% | 9.33% | 8.35% |
| 2005 | 7.74% | 9.97% | — |
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 17.12% in 2019 according to the ACS.
Creek 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% |
| Creek County OK | 17.12% | +1.09% | -3.63% |
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 3.63% to 17.12%. From a 2018 low of 16.02%, the fraction of income going to rent has increased by 1.09%.
Fraction of Income towards Rent: Creek County OK, Oklahoma, US
Historical Data for Annual Rent as a Fraction of Income in Creek County Oklahoma
| Date | US | Oklahoma | Creek County OK |
|---|---|---|---|
| 2019 | 20.03% | 17.94% | 17.12% |
| 2018 | 20.50% | 18.67% | 16.02% |
| 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% |
| 2007 | 18.66% | 16.98% | 17.27% |
| 2005 | 18.89% | 17.71% | 20.05% |
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 2019 27.02% of households were renters according to Census ACS data.
Creek 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% |
| Creek County OK | 27.02% | +5.40% | -0.41% |
Trends in the Creek County OK Renter Fraction
The Creek County household renter fraction peaked in in 2015 at 29.93% and is now 2.91% below that level. From a recent low of 21.62% in 2018, the household based renter fraction has now grown by 5.40%. The origin year for the series is 2005.
Fraction of Renting Households: Creek County OK, Oklahoma, US
History of Creek County Renter Fraction
| Date | US | Oklahoma | Creek County OK |
|---|---|---|---|
| 2019 | 35.89% | 34.46% | 27.02% |
| 2018 | 36.05% | 34.56% | 21.62% |
| 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% |
| 2007 | 32.80% | 31.77% | 28.00% |
| 2005 | 33.10% | 32.13% | 23.64% |
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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