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 440
8232 NW 98TH ST
Rent To Own
Harvest Hills
Single Family Home
Oklahoma City, OK 73162
3
3
2262 ft2
1978
Hot
3332 SW 47TH ST
Rent To Own
 
Single Family Home
Oklahoma City, OK 73119
3
1
820 ft2
1959
1614 SW 41ST ST
Rent To Own
Rancho Village
Single Family Home
Oklahoma City, OK 73119
2
1
938 ft2
1950
1512 NE EUCLID ST
Rent To Own
Culbertson East Highland
Single Family Home
Oklahoma City, OK 73117
4
2
1216 ft2
1916
2901 Harper St
Rent To Own
Downtown Choctaw
Single Family Home
Choctaw, OK 73020
3
3
3100 ft2
1961
1 of 7 4501 CANONBURY CIR
Rent To Own
 
Single Family Home
Norman, OK 73072
4
4
3969 ft2
2007
(Undisclosed Address)
Rent To Own
 
Single Family Home
Edmond, OK 73034
3
2
1742 ft2
2018
1500 NW 82ND ST
Rent To Own
 
Single Family Home
Blanchard, OK 73010
3
2
1350 ft2
1998
1 of 8 820 S COUNTRY CLUB RD
Rent To Own
 
Single Family Home
El Reno, OK 73036
2
1
1706 ft2
1974
Hot
1 of 10 129 N SHAWNEE AVE
Rent To Own
 
Single Family Home
Shawnee, OK 74801
3
1
920 ft2
1940
1301 E MAIN ST
Rent To Own
 
Single Family Home
Shawnee, OK 74801
2
1
1388 ft2
1930
11799 240TH ST
Rent To Own
 
Single Family Home
Blanchard, OK 73010
2
2
1320 ft2
1983
3212 E 4TH AVE
Rent To Own
 
Single Family Home
Stillwater, OK 74074
4
2
1616 ft2
1979
2700 N HARVARD AVE
Rent To Own
Windsor Hills
Single Family Home
Oklahoma City, OK 73127
3
3
3108 ft2
1967
Hot
17061 WINDING CREEK DR
Rent To Own
 
Single Family Home
Newalla, OK 74857
3
2
1616 ft2
1983
1 of 10 7620 N Cimarron Rd
Rent To Own
 
Multifamily (2 - 4 Units)
Yukon, OK 73099
4
2
2016 ft2
2015
Hot
1 of 29 205 W PARKLAND DR
Rent To Own
 
Single Family Home
Yukon, OK 73099
4
3
2120 ft2
1977
1 of 35 708 JOHN F KROUTIL DR
Rent To Own
 
Single Family Home
Yukon, OK 73099
4
3
2600 ft2
1975
200 S OKLAHOMA AVE #407
Rent To Own
Downtown Oklahoma City
Townhouse/Condo
Oklahoma City, OK 73104
2
3
1959 ft2
2008
719 NE 17TH ST
Rent To Own
Lincoln Terrace
Townhouse/Condo
Oklahoma City, OK 73105
4
2
2550 ft2
1928
Hot
2417 NW 21ST ST
Rent To Own
Pennville
Single Family Home
Oklahoma City, OK 73107
2
1
1012 ft2
1925
(Undisclosed Address)
Rent To Own
Linwood Place
Single Family Home
Oklahoma City, OK 73107
3
3
1464 ft2
1937
1 of 13 Deer Creek Road
Rent To Own
 
Multifamily (2 - 4 Units)
Edmond, OK 73012
4
3
3166 ft2
1984
Hot
1 of 28 19320 TAGGERT DR
Rent To Own
N.W. Oklahoma County
Single Family Home
Edmond, OK 73012
3
2
1722 ft2
2016
4416 SE 37TH ST
Rent To Own
 
Single Family Home
Oklahoma City, OK 73115
2
1
620 ft2
1952
Hot
1 of 19 16911 SUNNY HOLLOW RD
Rent To Own
 
Single Family Home
Edmond, OK 73012
3
2
1821 ft2
1987
Hot
1 of 39 10004 NW 142ND ST
Rent To Own
 
Single Family Home
Yukon, OK 73099
3
2
1921 ft2
2017
Hot
1 of 38 18325 MONTORO WAY
Rent To Own
 
Single Family Home
Edmond, OK 73012
4
2
1681 ft2
2006
Hot
16013 TRADITIONS BLVD
Rent To Own
 
Single Family Home
Edmond, OK 73013
3
2
1714 ft2
2001
1 of 15 6505 SE 59TH ST
Rent To Own
 
Single Family Home
Oklahoma City, OK 73135
4
3
2200 ft2
1970
133 BONAIRE DR
Rent To Own
 
Single Family Home
Edmond, OK 73013
3
3
2822 ft2
2005
Hot
1 of 14 2236 SW 26TH ST
Rent To Own
Jackson
Single Family Home
Oklahoma City, OK 73108
3
2
1450 ft2
1940
4400 Hemingway Dr
Rent To Own
Woodland Park
Townhouse/Condo
Oklahoma City, OK 73118
2
2
1314 ft2
1982
1 of 31 1321 BRIGHTON AVE
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
3
2
2426 ft2
1956
5900 MOSTELLER DR #94
Rent To Own
 
Townhouse/Condo
Oklahoma City, OK 73112
2
2
1617 ft2
1960
Hot
1 of 46 6501 N SHAWNEE AVE
Rent To Own
Edgewater/Lakepointe
Townhouse/Condo
Oklahoma City, OK 73116
4
3
2258 ft2
1968
Hot
1 of 9 12608 FOREST OAKS DR
Rent To Own
 
Single Family Home
Choctaw, OK 73020
3
2
2352 ft2
2014
Hot
1 of 28 11362 VILLAGE AVE
Rent To Own
 
Single Family Home
Oklahoma City, OK 73130
3
2
1548 ft2
2001
Hot
2421 CARLTON WAY
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
3
2
1308 ft2
1954
Hot
1 of 33 4821 SW 129TH ST
Rent To Own
 
Single Family Home
Oklahoma City, OK 73173
3
3
2450 ft2
2014
Hot
1 of 21 12125 SW 18TH ST
Rent To Own
 
Single Family Home
Yukon, OK 73099
3
2
1566 ft2
2010
Hot
1 of 15 8813 SW 36TH TER
Rent To Own
Winds West
Single Family Home
Oklahoma City, OK 73179
4
2
1490 ft2
2016
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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 2024 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 2024 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.