Cost of Living in Beckham County, Oklahoma

$821/mo
Median Monthly Rent
$153,400
Median Home Value

At a Glance

Median Monthly Rent
$821/mo
1% above state average
Median Home Value
$153,400
46% below national
Rent-to-Income Ratio
28.0%
% 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 Beckham County Compares

Median monthly rent comparison

Beckham County$821/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$821/mo
Median Gross Rent
$153,400
Median Home Value
$786/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Beckham County ranks #2,295 of 3,144 counties for affordability (bottom 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Beckham County, Oklahoma

Beckham County's housing burden runs high

Beckham County residents face an 18.8% rent-to-income ratio—significantly above both Oklahoma's 17.0% state average and most national benchmarks. Despite earning $52,323 annually, renters pay $821 monthly, making Beckham one of the least affordable counties in this analysis.

Among Oklahoma's least affordable counties

Beckham's 18.8% rent-to-income ratio ranks among the highest in Oklahoma, placing it in the affordability basement statewide. The county's median rent of $821 exceeds the state average by roughly $7, compounding the burden on lower incomes.

Beckham's costs outpace regional neighbors

At $821 monthly rent, Beckham is the priciest rental market in this eight-county group, significantly above Beaver County's $782 and Adair's $650. Even owner costs of $786 represent the second-highest burden in the region.

Housing consumes nearly a fifth of income

Median gross rent of $821 and median owner costs of $786 together claim roughly 31% of Beckham's $52,323 annual household income. Renters especially face tight budgets, as rent alone approaches one-fifth of gross earnings.

Beckham challenges tight-budget relocators

Unless your income exceeds Beckham's median of $52,323, or you can purchase a home, budget carefully before relocating here. The county's 18.8% rent burden leaves renters with less financial flexibility than most Oklahoma alternatives.

Cost of Living Advisory: Beckham County

Affordability Verdict

Beckham County is affordable for renters, with a median gross rent of $821/month representing approximately 18.8% of median household income. The rent burden (GRAPI) stands at 28.0%.

Rent vs. Own

At $821/month rent versus $786/month in owner costs, owning is roughly $35/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,840/year. For owner costs at the 28% rule, the required income is roughly $33,686/year. With a median household income of $52,323, most households can comfortably afford rent here. Notably, 28.0% of renter households in Beckham County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Beckham County sits 6% less expensive than Pawnee County ($872/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Beckham County

$

Rent Burden

18.8%

of gross income

Max Housing (28% Rule)

$1,221

per month

Owner Cost Burden

18.0%

of gross income

The median home in Beckham County may be a stretch

Median home value is $153,400. Estimated monthly cost: $1,225 vs. your max of $1,221.

Rent Affordability Guide

Your rent-to-income ratio18.8%
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: $52,323Needed: $32,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,323Needed: $33,686
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,323Needed: $35,700

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 Beckham County, Oklahoma?
Beckham County, Oklahoma has a median monthly rent of $821/mo and a median home value of $153,400. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Beckham County?
The median gross rent in Beckham County is $821/mo. This is 1% above state average for Oklahoma.
Is Beckham County affordable?
Beckham County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Beckham County's rent compare to the state average?
Beckham County's median rent of $821/mo is 1% above state average of $814/mo for Oklahoma.
What is the median home value in Beckham County?
The median home value in Beckham County, Oklahoma is $153,400. This is 46% 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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