Cost of Living in Caddo County, Oklahoma

$715/mo
Median Monthly Rent
$109,900
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$715/mo
12% below state average
Median Home Value
$109,900
61% below national
Rent-to-Income Ratio
24.0%
% 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 Caddo County Compares

Median monthly rent comparison

Caddo County$715/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$715/mo
Median Gross Rent
$109,900
Median Home Value
$598/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Caddo County, Oklahoma?
Caddo County, Oklahoma has a median monthly rent of $715/mo and a median home value of $109,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Caddo County?
The median gross rent in Caddo County is $715/mo. This is 12% below state average for Oklahoma.
Is Caddo County affordable?
Caddo County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Caddo County's rent compare to the state average?
Caddo County's median rent of $715/mo is 12% below state average of $814/mo for Oklahoma.
What is the median home value in Caddo County?
The median home value in Caddo County, Oklahoma is $109,900. This is 61% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.