Cost of Living in Beaver County, Oklahoma

$782/mo
Median Monthly Rent
$117,900
Median Home Value

At a Glance

Median Monthly Rent
$782/mo
4% below state average
Median Home Value
$117,900
58% below national
Rent-to-Income Ratio
17.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Beaver County Compares

Median monthly rent comparison

Beaver County$782/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$782/mo
Median Gross Rent
$117,900
Median Home Value
$650/mo
Monthly Owner Cost
17.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Beaver County ranks #1,272 of 3,144 counties for affordability (top 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Beaver County, Oklahoma

Beaver balances higher income with higher costs

Beaver County's 14.6% rent-to-income ratio beats the state average thanks to a robust $64,266 median income, even as $782 monthly rent is above Oklahoma's median. The county delivers better affordability than raw numbers suggest because residents earn considerably more.

Above-average earnings, better affordability

Beaver County's 14.6% rent-to-income ratio ranks among Oklahoma's best, despite higher-than-average rents, because of its stronger median household income. The county outperforms the state average of 17.0% across the board.

Priciest rents, but highest incomes too

Beaver's $782 monthly rent is the highest in this regional group, yet its $64,266 income is also the strongest, making affordability competitive. Owner costs of $650 remain reasonable for a county with $117,900 median home values.

Beaver's income cushions housing burden

Monthly rent of $782 and owner costs of $650 represent roughly 27% of Beaver's $64,266 annual income. The county's higher earnings relative to its peers allow residents to comfortably absorb elevated housing costs.

Beaver attracts higher-earning relocators

Professionals and entrepreneurs with above-average salaries will appreciate Beaver's strong local income levels and reasonable housing ratios. If your income matches or exceeds the county's $64,266 median, Beaver offers genuine affordability despite higher nominal rents.

Cost of Living Advisory: Beaver County

Affordability Verdict

Housing in Beaver County is affordable. The median rent is $782/month against a median household income of $64,266, putting rent at 14.6% of income.

Rent vs. Own

Renters in Beaver County pay $782/month on average, compared to $650/month for homeowners. This market favors buyers by about 17%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,280/year. For owner costs at the 28% rule, the required income is roughly $27,857/year. With a median household income of $64,266, most households can comfortably afford rent here. Notably, 17.0% of renter households in Beaver County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Beaver County sits 7% more expensive than Seminole County ($730/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Beaver County

$

Rent Burden

14.6%

of gross income

Max Housing (28% Rule)

$1,500

per month

Owner Cost Burden

12.1%

of gross income

You can likely afford the median home in Beaver County

Median home value is $117,900. Estimated monthly cost: $941 vs. your max of $1,500.

Rent Affordability Guide

Your rent-to-income ratio14.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,266Needed: $31,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,266Needed: $27,857
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,266Needed: $27,439

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Beaver County, Oklahoma?
Beaver County, Oklahoma has a median monthly rent of $782/mo and a median home value of $117,900. The affordability rating is Unaffordable, with rent making up approximately 17.0% of median household income.
What is the median rent in Beaver County?
The median gross rent in Beaver County is $782/mo. This is 4% below state average for Oklahoma.
Is Beaver County affordable?
Beaver County is rated Unaffordable based on rent-to-income ratio of 17.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Beaver County's rent compare to the state average?
Beaver County's median rent of $782/mo is 4% below state average of $814/mo for Oklahoma.
What is the median home value in Beaver County?
The median home value in Beaver County, Oklahoma is $117,900. This is 58% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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