The 2900
2900 Oak Tree Ave,
Norman, OK 73072
3-4 Beds | $479 - $1,876
Rental Market Trends in Norman, OK
What is the average rent in Norman, OK?
$915/month
Average Rent
667 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of July 2025, the average rent in Norman, OK is $915 per month. This is 44% lower than the national average rent of $1,637/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 $779 per month for a studio, $915 for a one-bedroom apartment, and around $1,071 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,266 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Norman, OK?
In the past year, rent has increased by 0.9%, which averages out to $9 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 July 2025
Legend
2024
2025
Rent Ranges in Norman, OK
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
58%
$700 - $1,000/month
21%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Norman?
Based on current rent prices, Faculty Heights, Woodslawn and Prairie Creek are the most affordable neighborhoods in Norman.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Norman?
Based on current rent prices, Castlerock, Eagle Cliff South and Eagle Cliff are the most expensive neighborhoods in Norman.
Neighborhood
Average Rent
Average Sq Ft
Which Norman neighborhoods have the most rentals available?
The neighborhoods in Norman with the most apartments available are Eagle Cliff, Eagle Cliff South and Faculty Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Norman, OK?
Because the average rent in Norman is $915, you’ll want to make about $3,050 per month or $36,600 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 1.7% lower than the national average. Generally, housing in Norman is 6.7% less expensive than the national average, with rent falling between $779 - $1,266. You can expect to pay 6.6% more for groceries, 6.2% less for utilities, and 5.8% less for transportation.
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.
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Two Bedroom
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Nearby City Rent Trends
Apartment communities in Norman we think you'll love
Property Management Companies in Norman, OK
Northstar Properties
-
11
Communities
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2,886
Units
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4
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4 Communities in Norman
Cardinal Group Management and Advisory, LLC
-
153
Communities
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30,841
Units
-
84
Cities
3 Communities in Norman
National Property Management Associates, Inc.
-
52
Communities
-
8,458
Units
-
34
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3 Communities in Norman
Case & Associates
-
67
Communities
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20,994
Units
-
23
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3 Communities in Norman
Juniper Investment Group
-
25
Communities
-
5,220
Units
-
18
Cities
3 Communities in Norman
Inland Real Estate
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78
Communities
-
19,551
Units
-
58
Cities
2 Communities in Norman
Lindsey Management Co, Inc
-
75
Communities
-
33,668
Units
-
33
Cities
2 Communities in Norman
Greystar
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3,275
Communities
-
911,280
Units
-
847
Cities
1 Community in Norman
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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 June 2025.
* Percentages may not total 100 due to rounding.