Cost of Living in Cotton County, Oklahoma

$742/mo
Median Monthly Rent
$113,200
Median Home Value
9% below state averageUnaffordable

At a Glance

Median Monthly Rent
$742/mo
9% below state average
Median Home Value
$113,200
60% below national
Rent-to-Income Ratio
21.0%
% 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 Cotton County Compares

Median monthly rent comparison

Cotton County$742/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$742/mo
Median Gross Rent
$113,200
Median Home Value
$675/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Cotton County, Oklahoma

Cotton County rents: Below national pressure

At 14.8%, Cotton County's rent-to-income ratio sits comfortably below the national affordability threshold of roughly 28%. Renters here spend less of their paycheck on housing than their peers across the country, thanks to a median rent of $742 per month against a median household income of $60,313.

Oklahoma's affordability sweet spot

Cotton County leads the state in housing affordability, ranking among the most livable counties in Oklahoma. Its 14.8% rent-to-income ratio beats the state average of 17.0%, making it a standout for renters seeking value.

A refuge in the rural panhandle

Cotton County's $742 rent is the lowest among regional peers, undercutting neighboring Ellis County ($728) and Craig County ($826) while matching affordability advantages across the panhandle. Homebuyers will appreciate a median value of $113,200—the lowest in this group and ideal for first-time purchasers.

Rent and mortgages add up fairly

Cotton County renters allocate 14.8% of their $60,313 income to rent, while homeowners dedicate roughly 13.4% to a median monthly cost of $675. Together, housing absorbs under 28% of household budgets—well within the recommended threshold for financial stability.

Ready to settle affordably?

Cotton County offers Oklahoma's most balanced housing market for workers seeking lower cost of living without sacrificing access to homeownership. Whether you're renting at $742 or buying at a median home value under $115,000, your housing dollars stretch further here than in most of Oklahoma.

Affordability Calculator

See how your income compares to housing costs in Cotton County

$

Rent Burden

14.8%

of gross income

Max Housing (28% Rule)

$1,407

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Cotton County

Median home value is $113,200. Estimated monthly cost: $904 vs. your max of $1,407.

Rent Affordability Guide

Your rent-to-income ratio14.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Cotton County, Oklahoma?
Cotton County, Oklahoma has a median monthly rent of $742/mo and a median home value of $113,200. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Cotton County?
The median gross rent in Cotton County is $742/mo. This is 9% below state average for Oklahoma.
Is Cotton County affordable?
Cotton County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Cotton County's rent compare to the state average?
Cotton County's median rent of $742/mo is 9% below state average of $814/mo for Oklahoma.
What is the median home value in Cotton County?
The median home value in Cotton County, Oklahoma is $113,200. This is 60% 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.