Cost of Living in Caddo County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Caddo County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Caddo County ranks #2,452 of 3,144 counties for affordability (bottom 22%)
Data Story
About Cost of Living in Caddo County, Oklahoma
Caddo offers solid affordability to residents
Caddo County's 16.2% rent-to-income ratio beats Oklahoma's 17.0% state average, with $715 monthly rent relatively manageable against a $52,817 median income. The county sits comfortably in the affordable tier for rural Oklahoma.
Above-average statewide affordability
At 16.2%, Caddo's rent-to-income ratio ranks better than the Oklahoma state average of 17.0%, placing it solidly in the more-affordable half of state counties. The $715 median rent is moderately priced for the region.
Caddo balances cost and value effectively
Caddo's $715 rent falls between Adair ($650) and Atoka ($708), positioning it as a mid-range option with decent affordability. Its $598 owner cost matches Atoka and beats most other regional peers.
Caddo's housing claims reasonable income share
Median gross rent of $715 and owner costs of $598 combine to represent roughly 25% of Caddo's $52,817 annual income. The county distributes housing burden fairly evenly between renters and owners.
Caddo works for balanced-budget families
If you're looking for reliable affordability without sacrificing nearby amenities, Caddo County delivers solid value across both rental and ownership markets. The county's 16.2% rent ratio and $109,900 median home values offer genuine options for relocators.
Cost of Living Advisory: Caddo County
Affordability Verdict
Housing in Caddo County is affordable. The median rent is $715/month against a median household income of $52,817, putting rent at 16.2% of income.
Rent vs. Own
At $715/month rent versus $598/month in owner costs, owning is roughly $117/month cheaper — a 16% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,600/year. For owner costs at the 28% rule, the required income is roughly $25,629/year. With a median household income of $52,817, most households can comfortably afford rent here. Notably, 24.0% of renter households in Caddo County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Harmon County where rent averages $663/month, Caddo County is approximately 8% more expensive.
Affordability Calculator
See how your income compares to housing costs in Caddo County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,232
per month
Owner Cost Burden
13.6%
of gross income
You can likely afford the median home in Caddo County
Median home value is $109,900. Estimated monthly cost: $877 vs. your max of $1,232.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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