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Rental Market Trends in Woodward, OK

What is the average rent in Woodward, OK?

$541/month

Average Rent

589 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of April 2026, the average rent in Woodward, OK is $541 per month. This is 67% lower than the national average rent of $1,641/month, making renting in Woodward more affordable than most cities in the US. When you rent an apartment in Woodward, you can expect to pay about $430 per month for a studio, $541 for a one-bedroom apartment, and around $656 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $732 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$430/month
600 Sq Ft
One Bedroom
$541/month
589 Sq Ft
Two Bedroom
$656/month
912 Sq Ft
Three Bedroom
$732/month
940 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 Woodward, OK?

In the past year, rent has increased by 0.2%, which averages out to $2 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Woodward, OK
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Woodward, OK
Percentage*
Rent Range
86% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
14% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Woodward is $541, you’ll want to make about $1,803 per month or $21,636 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

Woodward, OK

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Woodward, 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 Woodward, OK

Apartment Averages

Apartment communities in Woodward we think you'll love

Briarwood Apartments

Briarwood Apartments

3311 22nd St,
Woodward, OK 73801

$569 - $899

1-3 Beds

518 16th St

518 16th St

518 16th St,
Woodward, OK 73801

$1,050

2 Beds

45538 S County Rd 195

45538 S County Rd 195

45538 S County Rd 195,
Fargo, OK 73840

$1,500

4 Beds

360 B St

360 B St

360 B St,
Mutual, OK 73853

$750

3 Beds

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United States Oklahoma Woodward 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.

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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity