Tulsa, OK Rental Market
Tulsa is Oklahoma's second-largest city and an energy industry hub anchored by ONEOK, Williams Companies, and a constellation of oil and gas services firms. The city's aerospace manufacturing cluster — home to American Airlines' largest maintenance and engineering base — and the growing arts and creative economy in the Tulsa Arts District attract a diverse professional workforce. Affordable home prices and a 7.2% gross yield make Tulsa one of the more compelling mid-size rental markets in the central US.
Get a rent estimate for an address in TulsaAverage Rent in Tulsa, OK
$1,050
per month · 2026-06
Market Score
Key Facts — Tulsa, OK Rental Market
- Average rent in Tulsa, OK:$1,050/mo
- Median rent:$966/mo
- Rent range:$525 – $2,300/mo
- Most common rental (2 bedrooms):$925/mo
- Active listings:1,600
- Avg days to lease:32 days
- Year-over-year change:+3.0%
- Median home value:$175,000
- Est. gross annual yield:7.2%
- Data as of:2026-06
Rent by Bedroom in Tulsa, OK
Average monthly rent for each bedroom type based on current active listings in Tulsa.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $750/mo |
2 Bedrooms | $925/mo |
3 Bedrooms | $1,175/mo |
4 Bedrooms | $1,450/mo |
5 Bedrooms | $1,650/mo |
Tulsa Rental Market Statistics
Key indicators from the current Tulsa, OK rental market.
1,600
Available now in Tulsa
32
From list to lease
$0.84
Average across listings
1,250 sq ft
Typical rental size
$525 – $2,300
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in Tulsa, OK Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$175,000
Typical purchase price in Tulsa
Est. Gross Annual Yield
7.2%
Before expenses & vacancy
Avg Monthly Income
$1,050
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Tulsa for a full cash-flow breakdown including all costs.
Tulsa, OK Rental Market FAQ
Common questions about renting and investing in Tulsa, OK.
What is the average rent in Tulsa, OK?
The average rent in Tulsa, OK is $1,050 per month as of 2026. One-bedroom apartments average $750/mo, two-bedrooms average $925/mo, and three-bedroom homes average $1,175/mo. The Midtown, Cherry Street, and Brookside neighborhoods command premiums, while north and east Tulsa offer more affordable alternatives.
Is Tulsa, OK a good place to invest in rental property?
Tulsa delivers a 7.2% estimated gross annual yield — among the highest in the region — backed by a median home value near $175,000. ONEOK, Williams Companies, and American Airlines' major MRO hub create stable professional and blue-collar tenant demand. The Tulsa Remote program, which attracted remote workers with a $10,000 incentive, demonstrated the city's appeal to in-migrants seeking affordability with urban amenities.
How competitive is the Tulsa, OK rental market?
Tulsa has approximately 1,600 active listings with an average of 32 days on market. The Midtown and Cherry Street corridors see the fastest absorption among professionals, while properties near the University of Tulsa campus attract student and academic tenants year-round. The market is well-balanced, offering investors reliable occupancy without extreme competition for listings.
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