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Rent Tracker
The average asking rent in Oklahoma City, OK is $1,379/month as of 2026-03. That is +2.8% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,379/mo
as of 2026-03
Year-over-Year Change
+2.8%
Monthly ZORI index values for Oklahoma City, OK.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,379 | +0.51% |
| 2026-02 | $1,372 | +0.37% |
| 2026-01 | $1,367 | +0.15% |
| 2025-12 | $1,365 | -0.22% |
| 2025-11 | $1,368 | -0.15% |
| 2025-10 | $1,370 | -0.15% |
| 2025-09 | $1,372 | +0.29% |
| 2025-08 | $1,368 | +0.44% |
| 2025-07 | $1,362 | +0.59% |
| 2025-06 | $1,354 | +0.30% |
| 2025-05 | $1,350 | +0.37% |
| 2025-04 | $1,345 | +0.30% |
| 2025-03 | $1,341 | +0.37% |
| 2025-02 | $1,336 | +0.38% |
| 2025-01 | $1,331 | +0.30% |
| 2024-12 | $1,327 | +0.08% |
| 2024-11 | $1,326 | -0.23% |
| 2024-10 | $1,329 | +0.00% |
| 2024-09 | $1,329 | +0.15% |
| 2024-08 | $1,327 | +0.45% |
| 2024-07 | $1,321 | +0.69% |
| 2024-06 | $1,312 | +0.69% |
| 2024-05 | $1,303 | +0.54% |
| 2024-04 | $1,296 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report