Cost of Living in Murray County, Oklahoma

$859/mo
Median Monthly Rent
$154,900
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$859/mo
6% above state average
Median Home Value
$154,900
45% 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 Murray County Compares

Median monthly rent comparison

Murray County$859/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$859/mo
Median Gross Rent
$154,900
Median Home Value
$677/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Murray County, Oklahoma

Murray offers affordable living option

Murray County renters spend just 16.6% of household income on rent, sitting comfortably below Oklahoma's 17.0% state average and well-aligned with national affordability standards. The county's median household income of $61,904 is closer to the national average of $74,755 than many rural Oklahoma peers, easing housing cost burdens.

Among Oklahoma's most affordable

Murray County ranks as one of Oklahoma's more affordable counties, with a 16.6% rent-to-income ratio that beats the state average by 0.4 percentage points. This modest advantage reflects a favorable balance between local incomes and housing costs across the county.

Better positioned than peers

Murray County's rent-to-income ratio of 16.6% outperforms most neighboring counties, including Muskogee (19.0%), McIntosh (19.8%), and Oklahoma County (19.7%). At $859 monthly rent, Murray sits slightly above the state average, yet higher local incomes make the burden more manageable than in adjacent areas.

Balanced housing costs and income

Murray residents earning a median of $61,904 annually pay $859 in monthly rent, allocating about 16.6% of income to housing—a sustainable level for renters. Homeowners enjoy even better economics, with median monthly costs of $677 on homes valued at $154,900, among the highest in the rural Oklahoma region.

Murray delivers housing accessibility

Relocating to Murray County offers one of Oklahoma's more balanced housing markets, with rents of $859 and home values near $155,000 supported by incomes averaging $62,000. If affordability and income stability matter for your move, Murray's metrics stand out favorably against state and regional alternatives.

Affordability Calculator

See how your income compares to housing costs in Murray County

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$1,444

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Murray County

Median home value is $154,900. Estimated monthly cost: $1,237 vs. your max of $1,444.

Rent Affordability Guide

Your rent-to-income ratio16.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Murray County, Oklahoma?
Murray County, Oklahoma has a median monthly rent of $859/mo and a median home value of $154,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Murray County?
The median gross rent in Murray County is $859/mo. This is 6% above state average for Oklahoma.
Is Murray County affordable?
Murray 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 Murray County's rent compare to the state average?
Murray County's median rent of $859/mo is 6% above state average of $814/mo for Oklahoma.
What is the median home value in Murray County?
The median home value in Murray County, Oklahoma is $154,900. This is 45% 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.