Rent to own Homes in Oklahoma City, OK

Oklahoma City had a population of 655,057 as of 2020, a 12.9% increase over its 2010 census count. It is now the 27th-most populous city in the country. OKC encompasses an area of 606.41 square miles, making it the eighth-largest U.S. city by area. Also known as The Big Friendly because of its pleasant inhabitants, it's no surprise that the city's population is rising.

OKC's roots date back to 1889 when the United States allowed people to claim land free of charge. At the end of the first day, more than 10,000 residents inhabited Oklahoma City. Cattle trade immediately became - and still is - a major industry in the city, but it is a great place to start any type of business. This year, Oklahoma City made it to Inc.com's list of the 50 best U.S. cities for starting a business. The overall economy is diverse, with industries such as aviation and aerospace, biotech, energy, transportation and logistics, business services, health care, hospitality and entertainment, and telecommunications.

Oklahoma City, OK is a great place for affordable rent-to-own homes! With a median household income of over $56,456 and a median rent of $884, the Oklahoma City, OK rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Oklahoma City, OK. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Oklahoma City, OK rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
1614 SW 41ST ST
2 Beds, 1 Bath
Rent To Own
Rancho Village
Single Family Home
Oklahoma City, OK 73119
938 Sqft | Built in 1950
2901 HARPER ST
3 Beds, 3 Baths
Rent To Own
Downtown Choctaw
Single Family Home
Choctaw, OK 73020
3,100 Sqft | Built in 1961
8232 NW 98TH ST
3 Beds, 3 Baths
Rent To Own
Harvest Hills
Single Family Home
Oklahoma City, OK 73162
2,262 Sqft | Built in 1978
7325 WAVERLY AVE
3 Beds, 4 Baths
Rent To Own
 
Single Family Home
Nichols Hills, OK 73120
3,627 Sqft | Built in 1962
17401 BRAKEN DR
4 Beds, 2 Baths
Rent To Own
Copper Creek
Single Family Home
Edmond, OK 73012
2,600 Sqft | Built in 2015
Hot
3332 SW 47TH ST
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Oklahoma City, OK 73119
820 Sqft | Built in 1959
1 of 7 4501 CANONBURY CIR
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Norman, OK 73072
3,969 Sqft | Built in 2007
(Undisclosed Address)
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73034
1,742 Sqft | Built in 2018
Rent to own homes offer low monthly payments and flexible terms.
1500 NW 82ND ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Blanchard, OK 73010
1,350 Sqft | Built in 1998
806 N TUCKER AVE
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Shawnee, OK 74801
1,008 Sqft | Built in 1940
1 of 10 129 N SHAWNEE AVE
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Shawnee, OK 74801
920 Sqft | Built in 1940
1301 E MAIN ST
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Shawnee, OK 74801
1,388 Sqft | Built in 1930
11799 240TH ST
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Blanchard, OK 73010
1,320 Sqft | Built in 1983
3212 E 4TH AVE
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Stillwater, OK 74074
1,616 Sqft | Built in 1979
Hot
1 of 46 3001 SUNSET BLVD
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
3,202 Sqft | Built in 2015
1 of 15 8813 SW 36TH TER
4 Beds, 2 Baths
Rent To Own
Winds West
Single Family Home
Oklahoma City, OK 73179
1,490 Sqft | Built in 2016
Hot
1 of 23 9809 ALLIE HOPE LN
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Yukon, OK 73099
2,020 Sqft | Built in 2016
2417 NW 21ST ST
2 Beds, 1 Bath
Rent To Own
Pennville
Single Family Home
Oklahoma City, OK 73107
1,012 Sqft | Built in 1925
6220 SE 9TH ST
3 Beds, 3 Baths
Rent To Own
Ranchets
Single Family Home
Oklahoma City, OK 73110
1,264 Sqft | Built in 1963
2710 N PEEBLY RD
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Harrah, OK 73045
914 Sqft | Built in 1963
Hot
1 of 39 10004 NW 142ND ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Yukon, OK 73099
1,921 Sqft | Built in 2017
Hot
1 of 20 11713 SW 26TH CT
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Yukon, OK 73099
1,874 Sqft | Built in 2017
1 of 20 12100 SW 46TH CT
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Mustang, OK 73064
2,034 Sqft | Built in 2016
2601 93rd Ave
3 Beds, 2 Baths
Rent To Own
Penn South
Single Family Home
Oklahoma City, OK 73159
1,874 Sqft | Built in 1975
13112 SPRINGCREEK DR
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73170
1,754 Sqft | Built in 2001
5808 NW 109TH ST
4 Beds, 4 Baths
Rent To Own
Bluff Creek
Single Family Home
Oklahoma City, OK 73162
2,746 Sqft | Built in 1977
15626 SE 29TH ST
3 Beds, 1.75 Bath
Rent To Own
 
Single Family Home
Choctaw, OK 73020
1,982 Sqft | Built in 1930
4416 SE 37TH ST
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Oklahoma City, OK 73115
620 Sqft | Built in 1952
300 CHAR LN
4 Beds, 1 Bath
Rent To Own
Ranchets
Single Family Home
Oklahoma City, OK 73110
1,170 Sqft | Built in 1955
5900 MOSTELLER DR #94
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Oklahoma City, OK 73112
1,617 Sqft | Built in 1960
643 SE 20TH ST
3 Beds, 2 Baths
Rent To Own
Shidler-Wheeler
Single Family Home
Oklahoma City, OK 73129
2,260 Sqft | Built in 1954
New
1 of 31 1321 BRIGHTON AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
2,426 Sqft | Built in 1956
4709 HEMLOCK LN
2 Beds, 1 Bath
Rent To Own
 
Townhouse/Condo
Oklahoma City, OK 73162
1,196 Sqft | Built in 1982
Hot
1 of 24 1408 PINE OAK DR
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73034
2,160 Sqft | Built in 1984
1 of 4 6317 OLDE HARWICK DR
5 Beds, 3.5 Baths
Rent To Own
Warwick Estates
Single Family Home
Oklahoma City, OK 73162
3,449 Sqft | Built in 1980
Hot
1 of 16 12192 MAX LN
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Choctaw, OK 73020
2,093 Sqft | Built in 2005
Hot
1 of 19 16911 SUNNY HOLLOW RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73012
1,821 Sqft | Built in 1987
Hot
1 of 29 205 W PARKLAND DR
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Yukon, OK 73099
2,120 Sqft | Built in 1977
1 of 13 4800 S. Foster #285
3 Beds, 2 Baths
Rent To Own
Lumberman III
Multifamily (2 - 4 Units)
Oklahoma City, OK 73129
1,216 Sqft
Hot
1 of 33 4821 SW 129TH ST
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73173
2,450 Sqft | Built in 2014
Hot
1 of 11 1304 SW 25TH ST
3 Beds, 2 Baths
Rent To Own
Moore
Single Family Home
Moore, OK 73170
1,660 Sqft | Built in 2005
Hot
1 of 2 14655 NE 68TH ST
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Jones, OK 73049
1,094 Sqft | Built in 1978
Hot
1 of 28 11362 VILLAGE AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73130
1,548 Sqft | Built in 2001
Hot
1 of 24 912 N LILAC LN
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73110
1,348 Sqft | Built in 1947
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Buying a Home in Oklahoma City, OK

Oklahoma City, OK is seeing rapid growth and Oklahoma City, OK's' housing market remains optimal with an average home price that is -26% below the 2023 national average. Oklahoma City, OK is part of Oklahoma county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Oklahoma is 0.96% which is below the national average, which is 0.99%.

Median Home Price in Oklahoma City, OK

Median Rent in Oklahoma City, OK

Rent to own homes offer low monthly payments and flexible terms.

Average Cost of Living in Oklahoma City

Oklahoma City is an affordable place to live. The overall cost of living in the city is slightly higher than the rest of the state, but nearly 15% lower than the national average. Groceries, utilities, and transportation are all cheaper than the rest of the country. The only category that's more expensive is health costs, which is 17.2% higher than the other parts of the United States and 1.4% higher than Oklahoma State. There are more affordable areas nearby. For example, the cost of living in Del City is 8.1% cheaper than in Oklahoma City. But other neighboring municipalities are more costly. Edmond is 13.7% higher than Oklahoma City, 15.4% more than the state, and less than 1% below the national average.

Average Home Prices in Oklahoma City

The real estate market in Oklahoma City is exceptional for a large city with so much to offer. The median home cost in the city is $130,000. The state average of $124,800 is only 2.2% lower, while the national average, $231,200, is 43.8% higher. Del City's housing is even cheaper at $73,000 for an average home, while a house in Edmond costs $227,900, which is 1.4% below the rest of the country and 44.6% higher than the state average. In general, Oklahoma City has an affordable housing market with many rent-to-own home opportunities.

Oklahoma City Statistics

If you're interested in Oklahoma City rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Oklahoma City statistics compared to the U.S. national average.

Oklahoma City Averages National Averages
One-Way Commute 21.3 minutes 26.4 minutes
Violent Crime 40.4 22.7
Property Crime 60.0 35.4
Unemployment Rate 3.4% 3.9%
Income Tax Rate 5.0% 4.6%
Air Quality 51 58
Water Quality 53 55
Median Household Income $47,004 $53,482
Median Property Taxes $1,130 $2,200
Utilities $160/month $112/month
Monthly Rent $790 $1,470
Median Home Cost $130,000 $231,200
Median Home Age 37 years 40 years

Popular Amenities and Attractions in Oklahoma City

It would be a shame to pass through Oklahoma City without experiencing its Wild West origins. Visit the National Cowboy and Western Heritage Museum to learn all about the cowboys of the 19th century. The museum has lots of artifacts and exhibits that will take you back to the old American West. More than 100,000 square feet is dedicated to a learning center where you can check out restored 19th-century buildings, grind corn, work on a giant loom, and listen to live storytellers.

Oklahoma City still has a cattle trade market. Oklahoma National Stockyards is the largest cattle stocker and feeder in the world. You can attend the cattle auction every Monday and Tuesday to get a feel for the age-old trade.

If you enjoy the outdoors and water sports, you'll want to visit Riversport Rapids and Adventures. You can go on water slides, whitewater rafting and kayaking, flatwater kayaking, biking, hiking, climbing, and even take a zip line across the Oklahoma River.

Even if you aren't into exotic plants, you can visit the Myriad Botanical Gardens to enjoy the serene environment. While you're there, you can partake in their many events and educational programs, view an art exhibit, and even take a yoga class. The Oklahoma City Zoo has nearly 2,000 animals from around the world, and events and entertainment for people of all ages.

There are many more interesting stops you can make in the city. Wherever you go, the people will greet you with a smile. Consider making Oklahoma City your new home with one of the many rent-to-own opportunities available in the city.

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