Cost of Living in Stephens County, Oklahoma

$865/mo
Median Monthly Rent
$135,100
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$865/mo
6% above state average
Median Home Value
$135,100
52% below national
Rent-to-Income Ratio
26.0%
% 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 Stephens County Compares

Median monthly rent comparison

Stephens County$865/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$865/mo
Median Gross Rent
$135,100
Median Home Value
$740/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Stephens County, Oklahoma

Stephens County approaches affordability threshold

Stephens County's 17.2% rent-to-income ratio sits just above Oklahoma's state average, placing renters near the edge of comfort—economists recommend spending no more than 30% on housing, and Stephens leaves reasonable margins. At $865/month against $60,236 median income, the county offers moderate affordability.

Middle-of-the-road affordability for Oklahoma

Stephens County's 17.2% rent-to-income ratio matches Oklahoma's state average of 17.0%, placing it squarely in the middle tier for affordability across the state. This reflects a balance between modest rents and respectable incomes that characterizes many rural Oklahoma counties.

Pricier than panhandle partners, cheaper than metros

Stephens County's $865 monthly rent exceeds Roger Mills ($708) and Tillman ($704) but trails Texas County ($939) and Tulsa ($1,060). The county positions itself as a mid-tier rental market, neither the panhandle's bargain nor the urban centers' premium pricing.

Renters and owners both share burden

Renters spend $865/month (17.2% of income) while homeowners pay $740/month (14.7% of income) on median household earnings of $60,236. Stephens County offers a reasonable balance between rental and ownership costs, with both paths consuming less than 20% of household income.

Stephens County balances cost and comfort

If you earn near Stephens County's $60,236 median income, your 17.2% rent burden sits at Oklahoma's state average—manageable but not extraordinary. Compare this to Roger Mills' 13.6% ratio for potential savings, or accept Stephens as a solid middle option if proximity to town amenities justifies slightly higher housing costs.

Affordability Calculator

See how your income compares to housing costs in Stephens County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,406

per month

Owner Cost Burden

14.7%

of gross income

You can likely afford the median home in Stephens County

Median home value is $135,100. Estimated monthly cost: $1,079 vs. your max of $1,406.

Rent Affordability Guide

Your rent-to-income ratio17.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Stephens County, Oklahoma?
Stephens County, Oklahoma has a median monthly rent of $865/mo and a median home value of $135,100. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Stephens County?
The median gross rent in Stephens County is $865/mo. This is 6% above state average for Oklahoma.
Is Stephens County affordable?
Stephens County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Stephens County's rent compare to the state average?
Stephens County's median rent of $865/mo is 6% above state average of $814/mo for Oklahoma.
What is the median home value in Stephens County?
The median home value in Stephens County, Oklahoma is $135,100. This is 52% 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.