Cost of Living in Tillman County, Oklahoma

$704/mo

Median Monthly Rent

$71,900

Median Home Value

14% below state averageUnaffordable

At a Glance

Median Monthly Rent

$704/mo

14% below state average

Median Home Value

$71,900

74% below national

Rent-to-Income Ratio

27.0%

% 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 Tillman County Compares

Median monthly rent comparison

Tillman County$704/mo

Oklahoma Average$814/mo

National Median$1,163/mo

Detailed Housing Stats

$704/mo

Median Gross Rent

$71,900

Median Home Value

$576/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Tillman County, Oklahoma

Tillman County offers genuine rental affordability

Tillman County's 17.8% rent-to-income ratio sits comfortably within the affordable zone, where renters spend less than the 30% threshold economists recommend. At just $704/month against a median income of $47,445, Tillman offers some of the region's most budget-friendly rents.

Below Oklahoma's average affordability bar

Tillman County's 17.8% rent-to-income ratio undercuts Oklahoma's state average of 17.0% by 0.8 percentage points, ranking it among the state's more affordable rental markets. This positioning reflects modest rents ($704) that align well with modest incomes.

Second-most affordable in the panhandle

Tillman County's $704 monthly rent ranks second-lowest in the region, trailing only Roger Mills' $708 by just $4/month. This pairing makes Tillman and Roger Mills the panhandle's twin affordability champions for renters.

Ownership offers steeper relief than typical

Renters spend $704/month (17.8% of income) while homeowners pay $576/month (14.5% of income) on median household earnings of $47,445. Tillman's low ownership costs stand out: homeowners enjoy rates roughly 18% cheaper than renters, a significant gap that reflects affordable home values ($71,900).

Tillman County rewards budget-conscious residents

If you prioritize affordability, Tillman County's 17.8% rent-to-income ratio ranks among Oklahoma's best, matched only by Roger Mills—and your $704 rent leaves more income for emergency savings and quality of life. Compare these numbers to your current housing costs and consider whether the panhandle's exceptional affordability justifies the trade-offs.

Affordability Calculator

See how your income compares to housing costs in Tillman County

Your Annual Household Income

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,107

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Tillman County

Median home value is $71,900. Estimated monthly cost: $574 vs. your max of $1,107.

Rent Affordability Guide

Your rent-to-income ratio17.8%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Tillman County, Oklahoma?

Tillman County, Oklahoma has a median monthly rent of $704/mo and a median home value of $71,900. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Tillman County?

The median gross rent in Tillman County is $704/mo. This is 14% below state average for Oklahoma.

Is Tillman County affordable?

Tillman County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Tillman County's rent compare to the state average?

Tillman County's median rent of $704/mo is 14% below state average of $814/mo for Oklahoma.

What is the median home value in Tillman County?

The median home value in Tillman County, Oklahoma is $71,900. This is 74% below the national median home value of $281,900.