Cost of Living in Canadian County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Canadian County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Canadian County ranks #2,758 of 3,142 counties for affordability (bottom 12%)
Sourced county brief
Canadian County Median Gross Rent Reaches $1,289 Per Month
In Canadian County, Oklahoma, the median gross rent is $1,289 per month, which is $450 higher than the Oklahoma unweighted county mean of $839. According to the ACS 2020-2024 5-Year Estimates, the official Gross Rent as a Percentage of Household Income (GRAPI) is 28.2%. This figure is 1.6 percentage points above the Oklahoma unweighted county mean for official GRAPI, which is 26.6%. The median home value in the county was estimated at $246,200, exceeding the state unweighted county mean of $152,013. Median selected monthly owner costs for all owner-occupied units were $1,422, compared to the state unweighted county mean of $755. Additionally, the median renter-household income is $57,628. These figures represent snapshots from the specified census period and do not include market predictions. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Canadian County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.2% of renter household income in Canadian County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,289 per month; median selected monthly owner costs are $1,422. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $51,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Oklahoma unweighted mean of county median rents is $839 per month. Canadian County's $1,289 median is 53.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Canadian County
Rent Burden
17.6%
of gross income
Max Housing (28% Rule)
$2,048
per month
Owner Cost Burden
19.4%
of gross income
You can likely afford the median home in Canadian County
Median home value is $246,200. Estimated monthly cost: $1,965 vs. your max of $2,048.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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