Median rent for residential apartments in as of Feb, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
73 Norman, OK, USA apartments for rent
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Norman
Norman, OK has a population of 119,820, while the median age is 30. The household income in Norman, OK is around $53,733. The homeownership rate among the residents is 54%. The median residential property value in Norman, OK that you should keep in mind is $169,700.
| Population | 119,820 |
| Median Age | 30.1 |
| Poverty Rate | 18% |
| Household Income | $53,733 |
| Number Of Employees | 60,282 |
| Median Property Value | $169,700 |
Business & Economy
Wage by Common Jobs
Average salary in Norman, OK: $41,261
- 1. Miscellaneous managers$85,615
- 2. Registered nurses$59,020
- 3. Firstline supervisors of retail sales workers$47,415
- 4. Driver/sales workers & truck drivers$44,857
- 5. Retail salespersons$40,340
Highest Paid Occupations
Numbers claim that the highest paid jobs in Norman, OK are Computer & Mathematical Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations and Management Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Norman, OK work in. The highest paid industries are Utilities, Mining, Quarrying, Oil & Gas Extraction, Public Administration, Agriculture, Forestry, Fishing & Hunting, Mining and Management of Companies & Enterprises.
Demographics
Race & Ethnicity
According to latest census, Norman, OK is a home for 78% white residents. The second common group is other with 8% residents. The list of the most common racial or ethnic groups is closed by asian with 5% residents.
Non-English Speakers
Education
Past year Norman, OK universities awarded around 339,400 degrees. Statistics show that the population of students in Norman, OK includes 169,700 female students and 169,700 male students. Norman, OK offers private and public tuition with a median cost of $n/a for private four-year colleges and $20,169 for in-state public four-year colleges. The largest university of this city is the University of Oklahoma-Norman Campus with the majority of graduates. The share of the public colleges in Norman, OK is 100 and 2 go to the private colleges.
Universities
- 1. University of Oklahoma-Norman Campus6,535 graduates
- 2. Moore Norman Technology Center246 graduates
Public vs Private
- Public2%
- Private100%
Health and Safety
Primary care physicians in Norman, OK see an average of 1,989 patients, dentists 2,284 patients, metal health providers 321 patients, and other healthcare providers 1,444 patients per year.
Transportation
Commute Time
Average travel time: 21.68 minutes
- USA
- Norman, OK
Commuter Transportation
Citizens of Norman, OK travel to their offices around 22 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Norman, OK
Housing Trends
Norman, OK, USA Housing Trends
Average rent in Norman: $1,071 (-4.1%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed apartments | $613 | -7.2% |
| 2 bed apartments | $886 | -9.5% |
| 3 bed apartments | $1,513 | +7.2% |
| 4+ bed apartments | $1,108 | +4.2% |
Over the Feb 2021, the average rent for an apartment in/near Norman, OK decreased by 4.1% to 1.071 $.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 7.2% to 613 $. Pricing for 2-bed apartment also decreased by 9.5% and a place of this size will now cost you 886 $. 3-bed apartment rent pricing starts at 1.513 $, it increased by 7.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 4.2% and made it up to 1.108 $.
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| House rentals | $1,488 | +7.6% |
| Apartment rentals | $663 | -15% |
| Room rentals | $425 | N/A |
| Condo rentals | $630 | -29.6% |
| Loft rentals | $795 | N/A |
| Townhouse rentals | $900 | N/A |
The median rent for an apartment in Norman, OK decreased by 15% to 663 $. Statistics show that house rent price increased by 7.6% this month making it up to 1.488 $. Condos faced an upward trend these days. The median rent for a condo decreased by 29.6%, it’s now available for 630 $. The median rent for a loft did not face significant changes this time, it now still goes for 795 $. If you’re looking for a room, the price tag still starts at 425 $. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at 900 $.
Rent vs Own
- Rent54%
- Own46%
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