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Rental Market Trends in Mustang, OK

Updated September 2026

The average rent in Mustang, OK is $698/month.

Rent in Mustang is 58% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$698/month

Average Rent

701 Sq Ft

Average Size

+3.7%

Change / Year

137

Available Apartments

Mustang rent varies by unit size and layout:

  • Studio apartments in Mustang average $896 per month.
  • One-bedroom apartments in Mustang average $698 per month.
  • Two-bedroom apartments in Mustang average $1,139 per month.
  • Three-bedroom apartments in Mustang average $1,580 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$896/month
475 Sq Ft
One Bedroom
$698/month
701 Sq Ft
Two Bedroom
$1,139/month
1,002 Sq Ft
Three Bedroom
$1,580/month
1,394 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,675/month
1,433 Sq Ft
Four Bedroom
$2,108/month
2,019 Sq Ft
View Mustang Apartments

How much has average rent changed in Mustang, OK?

In the past year, rent has increased by 3.7%, which averages out to $26 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mustang, OK

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mustang, OK
Percentage*
Rent Range
0% Below $700/month
40% $700 - $1,000/month
40% $1,001 - $1,500/month
20% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mustang, OK?

Because the average rent in Mustang is $698, you’ll want to make about $2,326 per month or $27,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mustang, OK

137 Available Apartments for Rent

Search for Nearby Apartments

How does Mustang, OK compare to other nearby cities and neighborhoods?

Use the tool below to compare Mustang, OK to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Mustang Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Tuttle

    Tuttle

    Avg Rent: $391/month

  • Yukon

    Yukon

    Avg Rent: $1,028/month

  • Bethany

    Bethany

    Avg Rent: $710/month

  • Warr Acres

    Warr Acres

    Avg Rent: $723/month

  • Moore

    Moore

    Avg Rent: $970/month

Apartment Communities in Mustang We Think You'll Love

Mustang Lakes

Mustang Lakes

9001 SW 48th St,
Oklahoma City, OK 73179

3-4 Beds | $1,778 - $2,090

Oaks at Mustang

Oaks at Mustang

5201 S County Line Rd,
Oklahoma City, OK 73179

1-2 Beds | $1,149 - $1,999

Fieldstone Garden Apartments

Fieldstone Garden Apartments

101 Fieldstone Way,
Mustang, OK 73064

Studio - 2 Beds | $894 - $1,175

Pebble Creek Apartments

Pebble Creek Apartments

360 N Pebble Creek Ter,
Mustang, OK 73064

2-3 Beds | $1,196 - $1,422

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Frequently Asked Questions

What is the average rent in Mustang?

The average rent in Mustang is $698 per month, which is 58.1% lower than the national average of $1,665.

What is the average rent for a house in Mustang?

The average rent for a house in Mustang, OK is $1,675 per month.

Are rents going up or down in Mustang?

Rents in Mustang, OK are increasing, with prices up 3.7% year-over-year and $26 more per month.

What rent range is most common in Mustang?

In Mustang, OK, 40% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Oklahoma Mustang Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity