Cost of Living in Garvin County, Oklahoma

$828/mo
Median Monthly Rent
$132,600
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$828/mo
2% above state average
Median Home Value
$132,600
53% below national
Rent-to-Income Ratio
24.0%
% 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 Garvin County Compares

Median monthly rent comparison

Garvin County$828/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$828/mo
Median Gross Rent
$132,600
Median Home Value
$650/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Garvin County, Oklahoma

Garvin renters spend slightly more than America

Garvin County's rent-to-income ratio of 17.4% edges above the national average of 17.0%, meaning renters here dedicate a slightly larger share of their paychecks to housing. The median household income of $57,127 falls well short of the national median of $74,755, putting downward pressure on affordability across the county.

Ranked mid-pack in Oklahoma affordability

Garvin County's 17.4% rent-to-income ratio places it slightly above Oklahoma's state average of 17.0%, indicating moderate housing pressure relative to peers. The median rent of $828 exceeds the state average of $814, but income levels here are lower than state benchmarks.

Similar costs to surrounding counties

Garvin County's median rent of $828 sits between neighboring Grant County ($856) and Greer County ($624), reflecting regional consistency in rental markets. Incomes vary more dramatically across neighbors—Garvin's $57,127 trails Grady County's $75,730 but exceeds Hughes County's $47,923.

Rent and ownership costs split income

Renters in Garvin County pay $828 monthly on median incomes of $57,127 (17.4% of income), while homeowners dedicate $650 monthly to ownership costs (13.7% of income). Median home values of $132,600 make ownership more accessible than renting relative to local incomes, a pattern that reverses national trends.

Consider Garvin for balanced homeownership

If you're relocating from higher-cost metros, Garvin County offers modest rents and affordable home values, though income growth opportunities may be limited. Compare the 17.4% rent burden here against Grant County's 16.6% or Greer County's lower 12.4% if maximum affordability is your priority.

Affordability Calculator

See how your income compares to housing costs in Garvin County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,333

per month

Owner Cost Burden

13.7%

of gross income

You can likely afford the median home in Garvin County

Median home value is $132,600. Estimated monthly cost: $1,059 vs. your max of $1,333.

Rent Affordability Guide

Your rent-to-income ratio17.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Garvin County, Oklahoma?
Garvin County, Oklahoma has a median monthly rent of $828/mo and a median home value of $132,600. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Garvin County?
The median gross rent in Garvin County is $828/mo. This is 2% above state average for Oklahoma.
Is Garvin County affordable?
Garvin County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Garvin County's rent compare to the state average?
Garvin County's median rent of $828/mo is 2% above state average of $814/mo for Oklahoma.
What is the median home value in Garvin County?
The median home value in Garvin County, Oklahoma is $132,600. This is 53% 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.