CostBy County

Cost of Living in Grady County, Oklahoma

$883/mo
Median Monthly Rent
$205,800
Median Home Value

At a Glance

Median Monthly Rent
$883/mo
5% above state average
Median Home Value
$205,800
38% below national
Census GRAPI
23.5%
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 Grady County Compares

Median monthly rent comparison

Grady County$883/mo
Oklahoma Average$839/mo
National Median$1,413/mo

Detailed Housing Stats

$883/mo
Median Gross Rent
$205,800
Median Home Value
$960/mo
Monthly Owner Cost
23.5%
Census GRAPI

National Ranking

Affordability Rank

Grady County ranks #1,869 of 3,142 counties for affordability (bottom 41%)

Most AffordableLeast Affordable

Sourced county brief

Grady County median home values and rental statistics

The median home value in Grady County was estimated at $205,800, which is significantly above the Oklahoma unweighted county mean of $152,013. Median selected monthly owner costs for all owner-occupied units were $960, exceeding the state unweighted county mean of $755. For renters, the median gross rent is $883 per month, which is above the Oklahoma unweighted county mean of $839. The median gross rent as a percentage of household income, or official GRAPI, was 23.5%. This percentage is 3.1 percentage points lower than the Oklahoma unweighted county mean for official GRAPI of 26.6%. Median renter-household income was estimated at $45,965 during the 2020-2024 period. These figures are derived from the U.S. Census Bureau American Community Survey 5-Year Estimates and do not represent relocation advice. See ACS table B25077 for the underlying estimate.

Cost of Living Advisory: Grady County

Affordability Verdict

ACS B25071 estimates median gross rent at 23.5% of renter household income in Grady 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 $883 per month; median selected monthly owner costs are $960. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $35,320 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. Grady County's $883 median is 5.2% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Grady County

$

Rent Burden

14.0%

of gross income

Max Housing (28% Rule)

$1,760

per month

Owner Cost Burden

15.3%

of gross income

You can likely afford the median home in Grady County

Median home value is $205,800. Estimated monthly cost: $1,643 vs. your max of $1,760.

Rent Affordability Guide

Your entered rent as a share of entered income14.0%
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: $75,419Needed: $35,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,419Needed: $41,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,419Needed: $47,895

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 Grady County, Oklahoma?
Grady County, Oklahoma has a median monthly rent of $883/mo and a median home value of $205,800. The affordability rating is Affordable, with median gross rent equal to approximately 23.5% of renter household income.
What is the median rent in Grady County?
The median gross rent in Grady County is $883/mo. This is 5% above state average for Oklahoma.
Is Grady County affordable?
Grady County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 23.5%. Median gross rent is under 30% of renter household income.
How does Grady County's rent compare to the state average?
Grady County's median rent of $883/mo is 5% above state average of $839/mo for Oklahoma.
What is the median home value in Grady County?
The median home value in Grady County, Oklahoma is $205,800. This is 38% 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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