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Rental Market Trends in Norman, OK

What is the average rent in Norman, OK?

$909/month

Average Rent

664 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of March 2026, the average rent in Norman, OK is $909 per month. This is 44% lower than the national average rent of $1,626/month, making renting in Norman more affordable than most cities in the US. When you rent an apartment in Norman, you can expect to pay about $772 per month for a studio, $909 for a one-bedroom apartment, and around $1,063 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,265 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$772/month
509 Sq Ft
One Bedroom
$909/month
664 Sq Ft
Two Bedroom
$1,063/month
950 Sq Ft
Three Bedroom
$1,265/month
1,177 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$745/month
292 Sq Ft
Two Bedroom
$1,240/month
1,059 Sq Ft
Three Bedroom
$1,777/month
1,454 Sq Ft
Four Bedroom
$2,281/month
1,895 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$766/month
599 Sq Ft
Two Bedroom
$936/month
994 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,595/month
1,203 Sq Ft
Three Bedroom
$2,472/month
1,440 Sq Ft

How much has average rent changed in Norman, OK?

In the past year, rent has increased by 2.2%, which averages out to $20 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Norman, OK
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Norman, OK
Percentage*
Rent Range
15% Below $700/month
60% $700 - $1,000/month
22% $1,001 - $1,500/month
1% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Norman?

Based on current rent prices, Faculty Heights, Sherwood Forest and Cambridge Place are the most affordable neighborhoods in Norman.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Faculty Heights
$798/month
655 Sq Ft
Sherwood Forest
$860/month
519 Sq Ft
Cambridge Place
$888/month
585 Sq Ft
Woodslawn
$944/month
705 Sq Ft
Savannah Square
$981/month
608 Sq Ft
Castlerock
$1,292/month
765 Sq Ft
Eagle Cliff
$1,309/month
654 Sq Ft
Eagle Cliff South
$1,466/month
649 Sq Ft
Prairie Creek
$1,470/month
612 Sq Ft

What are the most expensive neighborhoods in Norman?

Based on current rent prices, Prairie Creek, Eagle Cliff South and Eagle Cliff are the most expensive neighborhoods in Norman.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Prairie Creek
$1,470/month
612 Sq Ft
Eagle Cliff South
$1,466/month
649 Sq Ft
Eagle Cliff
$1,309/month
654 Sq Ft
Castlerock
$1,292/month
765 Sq Ft
Savannah Square
$981/month
608 Sq Ft
Woodslawn
$944/month
705 Sq Ft
Cambridge Place
$888/month
585 Sq Ft
Sherwood Forest
$860/month
519 Sq Ft
Faculty Heights
$798/month
655 Sq Ft

Which Norman neighborhoods have the most rentals available?

The neighborhoods in Norman with the most apartments available are Castlerock, Eagle Cliff and Cambridge Place .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Castlerock
$1,292/month
765 Sq Ft
Eagle Cliff
$1,309/month
654 Sq Ft
Cambridge Place
$888/month
585 Sq Ft
Sherwood Forest
$860/month
519 Sq Ft
Faculty Heights
$798/month
655 Sq Ft
Eagle Cliff South
$1,466/month
649 Sq Ft
Savannah Square
$981/month
608 Sq Ft
Woodslawn
$944/month
705 Sq Ft
Prairie Creek
$1,470/month
612 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Norman is $909, you’ll want to make about $3,030 per month or $36,360 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.

Cost of Living

The cost of living in Norman, OK is 7.0% lower than the national average. Generally, housing in Norman is 14.2% less expensive than the national average, with rent falling between $772 - $1,265. You can expect to pay 1.0% more for groceries, 7.5% less for utilities, and 14.0% less for transportation.

City

Norman, OK

960 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Norman, 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.

Explore the Area Guide for Norman, OK

Apartment Averages

Faculty Heights

Norman, OK

Prairie Creek

Norman, OK

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Noble Average Rent
  • Moore Average Rent
  • Del City Average Rent

Apartment communities in Norman we think you'll love

Emerald Greens

Emerald Greens

2809-2815 Dewey Ave,
Norman, OK 73072

$800 - $925

1-2 Beds

Landry Apartment

Landry Apartment

1304 Wylie Rd,
Norman, OK 73072

$865 - $1,025

1-2 Beds

Millennium Norman

Millennium Norman

900 E Lindsey St,
Norman, OK 73071

$629 - $1,439

Studio - 5 Beds

Silver Elm Estates of Norman

Silver Elm Estates of Norman

2100 36th Ave NW,
Norman, OK 73072

$2,575 - $4,020

1-2 Beds

Property Management Companies in Norman, OK

Northstar Properties
Northstar Properties
  • 11

    Communities

  • 2,886

    Units

  • 4

    Cities

4 Communities in Norman
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 156

    Communities

  • 31,716

    Units

  • 82

    Cities

3 Communities in Norman
National Property Management Associates, Inc.
National Property Management Associates, Inc.
  • 53

    Communities

  • 8,778

    Units

  • 34

    Cities

3 Communities in Norman
Case & Associates
Case & Associates
  • 70

    Communities

  • 21,163

    Units

  • 22

    Cities

3 Communities in Norman
Juniper Investment Group
Juniper Investment Group
  • 27

    Communities

  • 5,652

    Units

  • 19

    Cities

3 Communities in Norman
Lindsey Management Co, Inc
Lindsey Management Co, Inc
  • 75

    Communities

  • 34,324

    Units

  • 33

    Cities

2 Communities in Norman
AMC
AMC
  • 624

    Communities

  • 125,068

    Units

  • 245

    Cities

1 Community in Norman
The Gateway Companies
The Gateway Companies
  • 77

    Communities

  • 9,454

    Units

  • 61

    Cities

1 Community in Norman

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United States Oklahoma Norman 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity