Cost of Living in Grady County, Oklahoma

$874/mo
Median Monthly Rent
$187,900
Median Home Value
7% above state averageUnaffordable

At a Glance

Median Monthly Rent
$874/mo
7% above state average
Median Home Value
$187,900
33% below national
Rent-to-Income Ratio
23.0%
% 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 Grady County Compares

Median monthly rent comparison

Grady County$874/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$874/mo
Median Gross Rent
$187,900
Median Home Value
$919/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Grady County, Oklahoma

Grady's affordability shines nationally

Grady County boasts a rent-to-income ratio of just 13.8%—well below the national average of 17.0%—giving renters genuine breathing room in their budgets. With a median household income of $75,730, Grady actually exceeds the national median of $74,755, creating a rare affordability advantage in rural Oklahoma.

Oklahoma's most affordable county explored

Grady County's 13.8% rent-to-income ratio ranks among the best in Oklahoma, significantly outpacing the state average of 17.0%. The combination of strong local incomes and moderate rents of $874 positions Grady as a standout for affordability seekers within the state.

Higher income, lower burden than peers

Grady County's $75,730 median income substantially exceeds neighboring Garvin County ($57,127) and Grant County ($61,824), while its $874 rent remains competitive. This income advantage translates to the lowest rent-to-income ratio in its regional cluster, making it the clear affordability winner.

Renters and owners both benefit here

Grady County renters pay $874 monthly on $75,730 annual incomes (13.8% burden), while homeowners allocate $919 monthly to ownership (14.5% of income). Median home values of $187,900 remain relatively modest, and the strong income base supports both rental and ownership pathways.

Grady offers rare rural affordability sweet spot

Remote workers and families seeking rural living with above-average affordability should seriously consider Grady County, where incomes exceed national benchmarks and rent burdens stay manageable. You'll find both rental flexibility and ownership opportunity here at costs well below national and regional peers.

Affordability Calculator

See how your income compares to housing costs in Grady County

$

Rent Burden

13.8%

of gross income

Max Housing (28% Rule)

$1,767

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Grady County

Median home value is $187,900. Estimated monthly cost: $1,500 vs. your max of $1,767.

Rent Affordability Guide

Your rent-to-income ratio13.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Grady County, Oklahoma?
Grady County, Oklahoma has a median monthly rent of $874/mo and a median home value of $187,900. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Grady County?
The median gross rent in Grady County is $874/mo. This is 7% above state average for Oklahoma.
Is Grady County affordable?
Grady County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Grady County's rent compare to the state average?
Grady County's median rent of $874/mo is 7% above state average of $814/mo for Oklahoma.
What is the median home value in Grady County?
The median home value in Grady County, Oklahoma is $187,900. This is 33% 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.