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 300 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
3332 SW 47th St
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Oklahoma City, OK 73119
820 Sqft | Built in 1959
New
8232 NW 98th St
3 Beds, 2.5 Baths
Rent To Own
Harvest Hills
Single Family Home
Oklahoma City, OK 73162
2,262 Sqft | Built in 1978
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
1 of 6 1500 NW 45th St
3 Beds, 1 Bath
Rent To Own
Woodland Park
Single Family Home
Oklahoma City, OK 73118
1,529 Sqft | Built in 1924
7325 Waverly Ave
3 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Nichols Hills, OK 73120
3,124 Sqft | Built in 1962
17401 Braken Dr
4 Beds, 2 Baths
Rent To Own
Copper Creek
Single Family Home
Edmond, OK 73012
3,251 Sqft | Built in 2015
1 of 6 10001 Djl Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Jones, OK 73049
3,321 Sqft | Built in 1979
1 of 7 4501 Canonbury Cir
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Norman, OK 73072
3,969 Sqft | Built in 2007
Rent to own homes offer low monthly payments and flexible terms
New
1 of 7 607 W Rose Dr
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Tecumseh, OK 74873
1,101 Sqft | Built in 1960
1 of 34 806 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
720 Sqft | Built in 1940
Hot
1301 E Main St
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Shawnee, OK 74801
1,388 Sqft | Built in 1930
Hot
11799 240th St
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Blanchard, OK 73010
1,320 Sqft | Built in 1983
3212 E 4th Ave
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Stillwater, OK 74074
1,616 Sqft | Built in 1979
(Undisclosed Address)
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73034
1,742 Sqft | Built in 2018
1 of 9 12608 Forest Oaks Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Choctaw, OK 73020
2,352 Sqft | Built in 2014
1 of 28 11362 Village Ave
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Midwest City, OK 73130
1,548 Sqft | Built in 2001
Hot
1 of 24 912 N Lilac Ln
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Midwest City, OK 73110
504 Sqft | Built in 1947
Hot
1 of 16 12192 Max Ln
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Choctaw, OK 73020
2,093 Sqft | Built in 2005
1 of 12 214 Shadybrook Pl
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Midwest City, OK 73110
1,097 Sqft | Built in 1974
1 of 15 6505 SE 59th St
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73135
608 Sqft | Built in 1970
1 of 23 9809 Allie Hope Ln
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Yukon, OK 73099
2,024 Sqft | Built in 2016
2700 N Harvard Ave
3 Beds, 2.5 Baths
Rent To Own
Windsor Hills
Single Family Home
Oklahoma City, OK 73127
3,108 Sqft | Built in 1967
Hot
1 of 11 1304 SW 25th St
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Moore, OK 73170
1,660 Sqft | Built in 2005
1 of 31 2005 SW 31st St
4 Beds, 1 Bath
Rent To Own
 
Single Family Home
Moore, OK 73170
2,332 Sqft | Built in 2002
1 of 27 3101 White Cedar Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Moore, OK 73160
2,764 Sqft | Built in 2008
1 of 23 13400 Silver Eagle Trl
3 Beds, 2 Baths
Rent To Own
Eagle Crest
Single Family Home
Edmond, OK 73013
2,805 Sqft | Built in 1986
Hot
4708 SE 23rd. St
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Del City, OK 73115
894 Sqft | Built in 1949
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
6220 SE 9th St
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Midwest City, OK 73110
913 Sqft | Built in 1963
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
1 of 18 2813 Warwick Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73116
1,502 Sqft | Built in 1950
2421 Carlton Way
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
1,308 Sqft | Built in 1954
1 of 46 3001 Sunset Blvd
4 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
2,942 Sqft | Built in 2015
1 of 31 1321 Brighton Ave
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oklahoma City, OK 73120
2,243 Sqft | Built in 1956
1 of 46 6501 N Shawnee Ave
4 Beds, 4 Baths
Rent To Own
Edgewater/Lakepointe
Townhouse/Condo
Oklahoma City, OK 73116
2,258 Sqft | Built in 1968
Hot
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
1 of 2 5900 Mosteller Dr #94
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Oklahoma City, OK 73112
1,617 Sqft | Built in 1960
1 of 14 2236 SW 26th St
3 Beds, 1 Bath
Rent To Own
Jackson
Single Family Home
Oklahoma City, OK 73108
1,386 Sqft | Built in 1940
Hot
1 of 25 3208 SW 72nd St
3 Beds, 1 Bath
Rent To Own
Madole Hillcrest Green
Single Family Home
Oklahoma City, OK 73159
876 Sqft | Built in 1962
1 of 28 19320 Taggert Dr
3 Beds, 2 Baths
Rent To Own
N.W. Oklahoma County
Single Family Home
Edmond, OK 73012
2,664 Sqft | Built in 2016
16013 Traditions Blvd
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73013
1,714 Sqft | Built in 2001
Hot
1 of 19 16911 Sunny Hollow Rd
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73012
2,514 Sqft | Built in 1987
Hot
1 of 38 18325 Montoro Way
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edmond, OK 73012
2,881 Sqft | Built in 2006
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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 2022 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 2022 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.

Oklahoma City, OK Frequently Asked Questions

Oklahoma City, OK has a walk score of

Oklahoma City, OK has a bike score of

The state tax rate is 0.25 to 4.75% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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