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Rental Insights for ZIP Code 73179 (Oklahoma City, OK)

Housing Rentals in ZIP Code 73179 (Oklahoma City, OK)

73179 ZIP Code in Oklahoma

A Comprehensive Look at Rentals in the ZIP Code 73179

The 73179 ZIP Code is primarily associated with Oklahoma City, OK in Oklahoma County. The estimated median housing rent in this Oklahoma region is $1,317 per month. Approximately 11.3% of housing units in this Oklahoma County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of zero.

The median rent in ZIP Code 73179 of $1,317 per month is 63% higher than the aggregate Oklahoma median monthly rent of $810, and is 24% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 53.8% of residents in ZIP Code 73179 have a monthly rent payment between $1,000 and $1,499. That is 138% higher than in Oklahoma overall, in which 22.6% of total state residents pay between $1,000 and $1,499 per month for housing. Just 1.9% of renters in ZIP Code 73179 pay less than $500 for monthly rent.

ZIP Code 73179 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 73179

See the chart below for a comparison of monthly rental costs in ZIP Code 73179, Oklahoma, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 73179 along with those in the state of Oklahoma and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 73179

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 73179 Oklahoma U.S.
Less than $500 1.9% 12.6% 9.4%
$500 to $999 20.3% 58.9% 36.2%
$1,000 to $1,499 53.8% 22.6% 30.0%
$1,500 to $1,999 24.1% 4.3% 14.0%
$2,000 to $2,499 0.0% 0.9% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.3% 2.4%

Rent Cost vs. Income in ZIP Code 73179

Renters in ZIP Code 73179 use an estimated 27% of their income to cover their monthly rent payments. That is about 4% lower than in Oklahoma overall. The estimate for Oklahoma overall is 28.24% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 73179 renters use about 9% less of their income to cover rent expense. Household income figures for ZIP Code 73179 come in higher than in Oklahoma as a whole. The median annual household income in ZIP Code 73179 of $90,071 sits approximately 70% higher than the overall Oklahoma median income of $52,919 and approximately 43% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 73179

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 73179, Oklahoma, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 73179 along with the same calculations in the state of Oklahoma and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 73179

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 73179 Oklahoma U.S.
Less than 15.0 percent 23.1% 16.9% 13.1%
15.0 to 19.9 percent 13.2% 14.4% 12.9%
20.0 to 24.9 percent 9.0% 13.6% 12.9%
25.0 to 29.9 percent 19.3% 10.8% 11.6%
30.0 to 34.9 percent 0.0% 8.3% 9.1%
35.0 percent or more 35.4% 36.0% 40.5%

Household Income in ZIP Code 73179

See the table below for the regional comparison of annual household income in ZIP Code 73179.

Income ZIP 73179 Oklahoma U.S.
Less than $10,000 4.5% 6.9% 6.0%
$10,000 to $14,999 0.2% 5.1% 4.3%
$15,000 to $24,999 5.8% 10.7% 8.9%
$25,000 to $34,999 3.1% 10.6% 8.9%
$35,000 to $49,999 9.0% 14.1% 12.3%
$50,000 to $74,999 17.8% 18.5% 17.2%
$75,000 to $99,999 14.7% 12.5% 12.7%
$100,000 to $149,999 27.0% 12.7% 15.1%
$150,000 to $199,999 11.3% 4.6% 6.8%
$200,000 or more 6.6% 4.3% 7.7%

Household Income in ZIP Code 73179

See the chart below for a comparison of annual household income figures in ZIP Code 73179, Oklahoma, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 73179 alongside the same figures for the state of Oklahoma and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 73179

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 73179.

ZIP 73179 Oklahoma U.S.
Median Housing Rent $1,317 $810 $1,062
Renter-Occupied Housing Units 11.3% 34.4% 36.0%
Rental Vacancy Rate 0.0% 8.2% 6.0%
Average Size of Renter-Occupied Unit 2.95 2.49 2.49
Average # of Bedrooms Per Unit 3.26 2.73 2.75
Percent of Income Spent on Rent 27% 28.24% 29.83%
Per Capita Income $34,977 $28,422 $34,103
Median Household Income $102,381 $72,695 $88,607
Living Below the Poverty Line 2.4% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 73179

In ZIP Code 73179 (Oklahoma City, OK), and estimated 11.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 73179 is estimated at $34,977, which goes along with an estimated median household income of $102,381. About 2.4% of residents in this Oklahoma County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.95 occupants, while the units have an aggregate average size of 3.26 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27% of their income on housing rental costs.

Rental FAQs for ZIP Code 73179

1

What is the median monthly rent in ZIP Code 73179?

Median rent for housing in ZIP Code 73179 in Oklahoma County in Oklahoma is approximately $1,317 per month.
2

Is it expensive to rent in ZIP Code 73179?

Rent in ZIP Code 73179 is higher than average in the state of Oklahoma overall. The median monthly rent of $1,317 in ZIP Code 73179 is approximately 63% higher than the Oklahoma median of $810. Additionally, median rent in this Oklahoma City, OK region ($1,317) is about 24% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 73179?

High-priced rentals are not common in the Oklahoma City, OK ZIP Code of 73179, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Oklahoma overall, approximately 0.3% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 73179?

Affordable rentals are less common in ZIP Code 73179 than in Oklahoma overall. The percentage of housing rentals in ZIP Code 73179 costing $999 or less per month (22.2%) is approximately 69% lower than the Oklahoma rate of 71.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 51% higher than the previously mentioned 73179 rate of 22.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 73179?

The most common range for rental cost in ZIP Code 73179 is between $1,000 and $1,499 per month. About 53.8% of renters in 73179 pay in this range for monthly rent. In comparison, approximately 22.6% of renters in the state of Oklahoma fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 73179 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 73179 is lower than the rental vacancy rate in the state of Oklahoma overall. Rental vacancy of 0.0% in ZIP Code 73179 is about 100% lower than the Oklahoma rate of 8.2%. Looking more broadly, rental vacancy in this Oklahoma City, OK region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 73179? How does it compare to other Oklahoma regions?

Median household income in ZIP Code 73179 is higher than in the state of Oklahoma overall. Annual household income of $90,071 in ZIP Code 73179 is about 70% higher than the Oklahoma median of $52,919. Additionally, median household income in this Oklahoma City, OK region ($90,071) is approximately 43% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 73179 spend on housing costs?

Renters in ZIP Code 73179 spend a lower amount of their income on rent costs than do renters in Oklahoma overall. Renters in ZIP Code 73179 spend an estimated 27% of their income on rent payments, which is about 4% lower than the overall Oklahoma estimated rate of 28.24%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% higher than the ZIP Code 73179 estimated rate of 27%.
9

Do renters in ZIP Code 73179 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 73179 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 73179 spending 30 percent or more of their income on rent costs (35.4%) is approximately 20% lower than the Oklahoma rate of 44.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 29% higher than the aforementioned 73179 rate of 35.4%.
10

What is the average household size of renter-occupied units in ZIP Code 73179?

The average household size of renter-occupied units in ZIP Code 73179 is higher than in the state of Oklahoma overall. Annual household size of 2.95 in ZIP Code 73179 is about 18% higher than the Oklahoma median of 2.49. Additionally, median household size in this Oklahoma City, OK region (2.95) is approximately 18% higher than median household size of 2.49 in the U.S. as a whole.