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Rent Inflation in Tulsa, OK

The average asking rent in Tulsa, OK is $1,350/month as of 2026-03. That is +2.4% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$1,350/mo

as of 2026-03

Year-over-Year Change

+2.4%

24-Month Rent Trend

Monthly ZORI index values for Tulsa, OK.

Month Avg Asking Rent Change from Prior Month
2026-03 $1,350 +0.37%
2026-02 $1,345 +0.22%
2026-01 $1,342 +0.15%
2025-12 $1,340 -0.30%
2025-11 $1,344 -0.07%
2025-10 $1,345 -0.07%
2025-09 $1,346 +0.37%
2025-08 $1,341 +0.52%
2025-07 $1,334 +0.15%
2025-06 $1,332 +0.15%
2025-05 $1,330 -0.08%
2025-04 $1,331 +0.91%
2025-03 $1,319 +0.61%
2025-02 $1,311 +0.77%
2025-01 $1,301 -0.08%
2024-12 $1,302 -0.38%
2024-11 $1,307 -0.38%
2024-10 $1,312 +0.23%
2024-09 $1,309 +0.31%
2024-08 $1,305 +0.08%
2024-07 $1,304 +0.23%
2024-06 $1,301 +0.93%
2024-05 $1,289 +0.78%
2024-04 $1,279

Why Rent Inflation Matters

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.

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Data: Zillow Research ZORI · Updated monthly · Price Inflation Report