Cost of Living in Cherokee County, Oklahoma

$803/mo
Median Monthly Rent
$160,300
Median Home Value

At a Glance

Median Monthly Rent
$803/mo
1% below state average
Median Home Value
$160,300
43% below national
Rent-to-Income Ratio
25.0%
% 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 Cherokee County Compares

Median monthly rent comparison

Cherokee County$803/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$803/mo
Median Gross Rent
$160,300
Median Home Value
$694/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Cherokee County ranks #2,319 of 3,144 counties for affordability (bottom 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Cherokee County, Oklahoma

Cherokee County slightly above national affordability threshold

At 17.9%, Cherokee County's rent-to-income ratio edges above the federal 15% ideal but remains below the 30% stress threshold, making housing reasonably accessible. The county's median household income of $53,668 trails the national median by $21,087, putting less cushion in monthly budgets.

Near-average affordability across Oklahoma

Cherokee County's 17.9% rent-to-income ratio sits just slightly above Oklahoma's 17.0% state average, placing it in the middle-tier of county affordability. Median rent of $803 runs just below the state benchmark of $814.

Most affordable rents in this comparison set

Cherokee County's $803 median rent is among the lowest in the region, trailing only Choctaw County ($676) and Cimarron County ($682). Despite lean incomes, renters here enjoy some of the region's lowest housing costs.

Homeownership slightly cheaper than renting

Renters pay $803 monthly while homeowners carry $694 mortgages on homes valued at $160,300, making ownership a better deal for those who can access credit. Housing consumes roughly 18% of the $53,668 median household income either way.

Budget-conscious movers should explore Cherokee

If housing affordability is your top concern, Cherokee County delivers some of Oklahoma's lowest rents without sacrificing state-average income levels. Pair this with Cimarron County's even lower costs or Carter County's slightly higher income opportunities to find your best fit.

Cost of Living Advisory: Cherokee County

Affordability Verdict

For renters in Cherokee County, the market is affordable. Expect to pay around $803/month in gross rent, with 25.0% of renter households considered cost-burdened.

Rent vs. Own

At $803/month rent versus $694/month in owner costs, owning is roughly $109/month cheaper — a 14% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,120/year. For owner costs at the 28% rule, the required income is roughly $29,743/year. With a median household income of $53,668, most households can comfortably afford rent here. Notably, 25.0% of renter households in Cherokee County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Oklahoma, Cherokee County is less affordable than Grant County by roughly 6% ($803/mo vs $856/mo).

Affordability Calculator

See how your income compares to housing costs in Cherokee County

$

Rent Burden

18.0%

of gross income

Max Housing (28% Rule)

$1,252

per month

Owner Cost Burden

15.5%

of gross income

The median home in Cherokee County may be a stretch

Median home value is $160,300. Estimated monthly cost: $1,280 vs. your max of $1,252.

Rent Affordability Guide

Your rent-to-income ratio18.0%
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: $53,668Needed: $32,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,668Needed: $29,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,668Needed: $37,306

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 Cherokee County, Oklahoma?
Cherokee County, Oklahoma has a median monthly rent of $803/mo and a median home value of $160,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Cherokee County?
The median gross rent in Cherokee County is $803/mo. This is 1% below state average for Oklahoma.
Is Cherokee County affordable?
Cherokee County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Cherokee County's rent compare to the state average?
Cherokee County's median rent of $803/mo is 1% below state average of $814/mo for Oklahoma.
What is the median home value in Cherokee County?
The median home value in Cherokee County, Oklahoma is $160,300. This is 43% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Cherokee County, Oklahoma? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Cherokee County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.