CostBy County

Cost of Living in Craig County, Oklahoma

$810/mo
Median Monthly Rent
$150,500
Median Home Value

At a Glance

Median Monthly Rent
$810/mo
3% below state average
Median Home Value
$150,500
55% below national
Census GRAPI
26.7%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Craig County Compares

Median monthly rent comparison

Craig County$810/mo
Oklahoma Average$839/mo
National Median$1,413/mo

Detailed Housing Stats

$810/mo
Median Gross Rent
$150,500
Median Home Value
$635/mo
Monthly Owner Cost
26.7%
Census GRAPI

National Ranking

Affordability Rank

Craig County ranks #762 of 3,142 counties for affordability (top 24%)

Most AffordableLeast Affordable

Sourced county brief

Craig County Median Owner Costs Below State Unweighted Mean

The median selected monthly owner cost for all owner-occupied units in Craig County was estimated at $635. This figure is $120 below the Oklahoma unweighted county mean of $755. The official GRAPI (ACS B25071), which represents median gross rent as a percentage of household income, was 26.7%, differing from the Oklahoma unweighted county mean of 26.6% by 0.1 percentage points. Median gross rent was $810 per month, positioned below the state unweighted county mean of $839. The median home value in the county was $150,500, while the state unweighted county mean was $152,013. Additionally, median renter-household income was $35,069. These statistics are based on ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Craig County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.7% of renter household income in Craig 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 $810 per month; median selected monthly owner costs are $635. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,400 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. Craig County's $810 median is 3.5% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Craig County

$

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$1,212

per month

Owner Cost Burden

14.7%

of gross income

You can likely afford the median home in Craig County

Median home value is $150,500. Estimated monthly cost: $1,201 vs. your max of $1,212.

Rent Affordability Guide

Your entered rent as a share of entered income18.7%
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: $51,922Needed: $32,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,922Needed: $27,214
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,922Needed: $35,025

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 Craig County, Oklahoma?
Craig County, Oklahoma has a median monthly rent of $810/mo and a median home value of $150,500. The affordability rating is Affordable, with median gross rent equal to approximately 26.7% of renter household income.
What is the median rent in Craig County?
The median gross rent in Craig County is $810/mo. This is 3% below state average for Oklahoma.
Is Craig County affordable?
Craig County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.7%. Median gross rent is under 30% of renter household income.
How does Craig County's rent compare to the state average?
Craig County's median rent of $810/mo is 3% below state average of $839/mo for Oklahoma.
What is the median home value in Craig County?
The median home value in Craig County, Oklahoma is $150,500. This is 55% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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