CostBy County

Cost of Living in Kay County, Oklahoma

$842/mo
Median Monthly Rent
$124,700
Median Home Value

At a Glance

Median Monthly Rent
$842/mo
0% above state average
Median Home Value
$124,700
63% below national
Census GRAPI
25.2%
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 Kay County Compares

Median monthly rent comparison

Kay County$842/mo
Oklahoma Average$839/mo
National Median$1,413/mo

Detailed Housing Stats

$842/mo
Median Gross Rent
$124,700
Median Home Value
$712/mo
Monthly Owner Cost
25.2%
Census GRAPI

National Ranking

Affordability Rank

Kay County ranks #1,119 of 3,142 counties for affordability (top 36%)

Most AffordableLeast Affordable

Sourced county brief

Kay County Median Gross Rent Aligns with State Median

In Kay County, the median gross rent is $842 per month, which is $3 higher than the Oklahoma unweighted county mean of $839. The official ACS B25071 median gross rent as a percentage of household income is 25.2%. This figure is 1.4 percentage points lower than the state unweighted county mean of 26.6%. Homeowners in the county have a median selected monthly owner cost of $712, while the median home value is $124,700. This valuation is $27,313 below the Oklahoma unweighted county mean of $152,013. The median income for renter households was reported at $43,113. These statistics represent a snapshot of the housing landscape across different tenure types. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Kay County

Affordability Verdict

ACS B25071 estimates median gross rent at 25.2% of renter household income in Kay 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 $842 per month; median selected monthly owner costs are $712. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,680 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. Kay County's $842 median is 0.3% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Kay County

$

Rent Burden

17.3%

of gross income

Max Housing (28% Rule)

$1,363

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Kay County

Median home value is $124,700. Estimated monthly cost: $996 vs. your max of $1,363.

Rent Affordability Guide

Your entered rent as a share of entered income17.3%
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: $58,423Needed: $33,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,423Needed: $30,514
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,423Needed: $29,021

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 Kay County, Oklahoma?
Kay County, Oklahoma has a median monthly rent of $842/mo and a median home value of $124,700. The affordability rating is Affordable, with median gross rent equal to approximately 25.2% of renter household income.
What is the median rent in Kay County?
The median gross rent in Kay County is $842/mo. This is 0% above state average for Oklahoma.
Is Kay County affordable?
Kay County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 25.2%. Median gross rent is under 30% of renter household income.
How does Kay County's rent compare to the state average?
Kay County's median rent of $842/mo is 0% above state average of $839/mo for Oklahoma.
What is the median home value in Kay County?
The median home value in Kay County, Oklahoma is $124,700. This is 63% 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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