Cost of Living in Ellis County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Ellis County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Ellis County ranks #1,143 of 3,144 counties for affordability (top 36%)
Data Story
About Cost of Living in Ellis County, Oklahoma
Ellis County: Oklahoma's rental bargain
Ellis County's 15.3% rent-to-income ratio sits well below national affordability concerns, signaling exceptional rental value for residents. With a median income of $56,992 and median rent of just $728 monthly, renters here enjoy sustainable housing costs comparable to the nation's most affordable regions.
Second-best affordability in Oklahoma
Ellis County ranks among Oklahoma's most affordable counties for renters, with a 15.3% rent-to-income ratio that beats the state average of 17.0% by more than one percentage point. Only a handful of Oklahoma counties match this level of rental accessibility.
The affordable sweet spot of the panhandle
Ellis County's $728 median rent is the second-lowest among these eight counties and ties with Cotton County ($742) for lowest rents, while maintaining strong affordability at 15.3%. Combined with a median home value of just $122,500, Ellis County offers exceptional value across both rental and ownership markets.
Homeowners enjoy rare affordability edge
Ellis County renters commit 15.3% of their $56,992 income to median rent of $728, while homeowners dedicate just 10.9% to monthly costs of $520. This exceptionally low owner burden—among the lowest nationally—makes homeownership accessible to workers at multiple income levels.
Ellis County welcomes cost-conscious relocators
Ellis County delivers the rare combination of low rents ($728), affordable ownership ($520/month), and modest home values ($122,500), making it ideal for any worker prioritizing cost of living. Whether renting or buying, housing will consume less of your paycheck here than almost anywhere in Oklahoma.
Cost of Living Advisory: Ellis County
Affordability Verdict
Ellis County is affordable for renters, with a median gross rent of $728/month representing approximately 15.3% of median household income. The rent burden (GRAPI) stands at 24.0%.
Rent vs. Own
Renters in Ellis County pay $728/month on average, compared to $520/month for homeowners. This market favors buyers by about 29%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,120/year. For owner costs at the 28% rule, the required income is roughly $22,286/year. With a median household income of $56,992, most households can comfortably afford rent here. Notably, 24.0% of renter households in Ellis County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Custer County where rent averages $779/month, Ellis County is approximately 7% less expensive.
Affordability Calculator
See how your income compares to housing costs in Ellis County
Rent Burden
15.3%
of gross income
Max Housing (28% Rule)
$1,330
per month
Owner Cost Burden
10.9%
of gross income
You can likely afford the median home in Ellis County
Median home value is $122,500. Estimated monthly cost: $978 vs. your max of $1,330.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Ellis County, Oklahoma?
What is the median rent in Ellis County?
Is Ellis County affordable?
How does Ellis County's rent compare to the state average?
What is the median home value in Ellis County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Ellis County, Oklahoma? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Ellis County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: 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.