Cost of Living in Canadian County, Oklahoma

$1,208/mo

Median Monthly Rent

$230,300

Median Home Value

48% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,208/mo

48% above state average

Median Home Value

$230,300

18% below national

Rent-to-Income Ratio

26.0%

% 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 Canadian County Compares

Median monthly rent comparison

Canadian County$1,208/mo

Oklahoma Average$814/mo

National Median$1,163/mo

Detailed Housing Stats

$1,208/mo

Median Gross Rent

$230,300

Median Home Value

$1,353/mo

Monthly Owner Cost

26.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Canadian County, Oklahoma

Canadian County rents rival national affordability

At 17.0%, Canadian County's rent-to-income ratio matches the national sweet spot—renters here spend about one-sixth of income on housing, well below the federal affordability threshold of 30%. This county outpaces the typical American household by income too, with a median of $85,427 versus the national median of $74,755.

Middle of the pack in Oklahoma affordability

Canadian County's 17.0% rent-to-income ratio sits exactly at Oklahoma's state average, placing it squarely in the middle tier of county affordability. Despite housing costs above the state median rent of $814, higher local incomes keep affordability reasonable for renters.

Priciest rents in this regional cluster

Canadian County's median rent of $1,208 significantly outpaces nearby Carter County ($945) and Comanche County ($940), reflecting its higher-income profile and stronger economy. Renters here pay a premium, but median household income of $85,427 cushions the impact.

Income supports both rents and mortgages

Renters spend $1,208 monthly while homeowners carry a $1,353 mortgage—both well-supported by the $85,427 median household income. Housing accounts for about 17% of household earnings either way, leaving substantial income for other needs.

Relocating? Canadian County offers stability

If you're weighing Oklahoma options, Canadian County delivers above-average income potential with reasonable housing costs and national-level affordability. Compare this stability against lower-rent counties like Cimarron ($682) if you prioritize maximum savings over income opportunities.

Affordability Calculator

See how your income compares to housing costs in Canadian County

Your Annual Household Income

Rent Burden

17.0%

of gross income

Max Housing (28% Rule)

$1,993

per month

Owner Cost Burden

19.0%

of gross income

You can likely afford the median home in Canadian County

Median home value is $230,300. Estimated monthly cost: $1,839 vs. your max of $1,993.

Rent Affordability Guide

Your rent-to-income ratio17.0%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Canadian County, Oklahoma?

Canadian County, Oklahoma has a median monthly rent of $1,208/mo and a median home value of $230,300. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.

What is the median rent in Canadian County?

The median gross rent in Canadian County is $1,208/mo. This is 48% above state average for Oklahoma.

Is Canadian County affordable?

Canadian County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Canadian County's rent compare to the state average?

Canadian County's median rent of $1,208/mo is 48% above state average of $814/mo for Oklahoma.

What is the median home value in Canadian County?

The median home value in Canadian County, Oklahoma is $230,300. This is 18% below the national median home value of $281,900.