A PLACE TO CALL Home under construction or in the planning stages. Districts like Deep Deuce, located east of the Central Business District, and Midtown are key urban housing centers, providing restaurants, retail and multiple downtown housing options. In Oklahoma City, living in a more suburban or rural atmosphere without sacrificing proximity is attainable. The city’s large land area lends itself to all the best aspects of suburban life, while its low commute times and excellent traffic grid management make it easy to get where you need to be. Oklahoma City’s suburban and pastoral neighborhoods allow you to enjoy a quieter atmosphere just minutes away from the city center. Oklahoma City has garnered national attention over the last several years for its affordability and housing costs. Some of the most recent national “top 10” accolades – and there are many – include recognition for its low cost of living (C2ER); most affordable places to buy a new home (Realtor.com); lowest median home price (World Population Review); most affordable housing markets in the world (Bloomberg); lowest rental rates (Realtor.com); and states where retirement savings is the most cost efficient (GOBankingRates). OKC was also recognized as one of the top metros for young professionals (Policygenius) and one of the nation's “great American Cities for Creatives" (Thrillist). In addition, OKC was tabbed as the fourth best place to live in 2022 (Bankrate).
Oklahoma City is the kind of place where you can live large and for less. Oklahoma City residents spend 25.7% less than the national average on housing costs, and Oklahoma City’s growing economy offers you plenty of ways to enjoy your extra savings. Learn more about where to live at ABetterLifeOKC.com/housing. From modern, urban lofts in the heart of downtown to historic homes on tree-lined streets and spacious homes on even more spacious lots, Greater Oklahoma City offers an expansive choice of desirable neighborhoods and a wide range of prices for housing. Compared to other housing markets, you will be pleasantly surprised at how far your money will go in Oklahoma City’s housing market. The average cost of a single-family home is about $186,000 with the average cost of a condo at around $104,000. Also available are thousands of rental apartments ranging from brand-new luxury complexes to modest, garden style apartments with the average rental price ranging from $550 to $2,000. In Oklahoma City, the average 950- square-foot apartment costs $855 per month, compared to $1,619 in Denver, $2,394 in Chicago, $2,621 in Seattle and $2,770 in Los Angeles. In downtown Oklahoma City, the housing market has significantly expanded in the past decade with 5,111 housing units on the market and 1,180 additional units
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