Renters Local

Rental Insights for ZIP Code 73741 (Helena, OK)

Housing Rentals in ZIP Code 73741 (Helena, OK)

73741 ZIP Code in Oklahoma

A Comprehensive Look at Rentals in the ZIP Code 73741

The 73741 ZIP Code is primarily associated with Helena, OK in Alfalfa County. The estimated median housing rent in this Oklahoma region is $773 per month. Approximately 24.9% of housing units in this Alfalfa County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 10.0%.

The median rent in ZIP Code 73741 of $773 per month is 5% lower than the aggregate Oklahoma median monthly rent of $810, and is 27% lower than the $1,062 the median monthly rent in the U.S. overall. About 79.4% of residents in ZIP Code 73741 pay between $500 and $999 per month for rent. That is 35% higher than in Oklahoma overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing. Only 20.6% of renters in this Helena, OK region pay less than $500 per month for rent.

ZIP Code 73741 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 73741

See the chart below for a comparison of monthly rental costs in ZIP Code 73741, Oklahoma, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 73741 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 73741

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

Cost ZIP 73741 Oklahoma U.S.
Less than $500 20.6% 12.6% 9.4%
$500 to $999 79.4% 58.9% 36.2%
$1,000 to $1,499 0.0% 22.6% 30.0%
$1,500 to $1,999 0.0% 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 73741

Renters in ZIP Code 73741 use an estimated 15.14% of their income to cover their monthly rent payments. That is about 46% 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 73741 renters use about 49% less of their income to cover rent expense. Household income figures for ZIP Code 73741 come in higher than in Oklahoma as a whole. The median annual household income in ZIP Code 73741 of $66,250 sits approximately 25% higher than the overall Oklahoma median income of $52,919 and approximately 5% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 73741

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 73741, 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 73741 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 73741

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

Rent Cost as % of Income ZIP 73741 Oklahoma U.S.
Less than 15.0 percent 47.1% 16.9% 13.1%
15.0 to 19.9 percent 29.4% 14.4% 12.9%
20.0 to 24.9 percent 23.5% 13.6% 12.9%
25.0 to 29.9 percent 0.0% 10.8% 11.6%
30.0 to 34.9 percent 0.0% 8.3% 9.1%
35.0 percent or more 0.0% 36.0% 40.5%

Household Income in ZIP Code 73741

See the table below for the regional comparison of annual household income in ZIP Code 73741.

Income ZIP 73741 Oklahoma U.S.
Less than $10,000 3.2% 6.9% 6.0%
$10,000 to $14,999 6.9% 5.1% 4.3%
$15,000 to $24,999 0.0% 10.7% 8.9%
$25,000 to $34,999 6.9% 10.6% 8.9%
$35,000 to $49,999 16.1% 14.1% 12.3%
$50,000 to $74,999 28.6% 18.5% 17.2%
$75,000 to $99,999 18.9% 12.5% 12.7%
$100,000 to $149,999 14.7% 12.7% 15.1%
$150,000 to $199,999 4.6% 4.6% 6.8%
$200,000 or more 0.0% 4.3% 7.7%

Household Income in ZIP Code 73741

See the chart below for a comparison of annual household income figures in ZIP Code 73741, Oklahoma, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 73741 alongside the same figures for the state of Oklahoma and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 73741

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 73741.

ZIP 73741 Oklahoma U.S.
Median Housing Rent $773 $810 $1,062
Renter-Occupied Housing Units 24.9% 34.4% 36.0%
Rental Vacancy Rate 10.0% 8.2% 6.0%
Average Size of Renter-Occupied Unit 2.30 2.49 2.49
Average # of Bedrooms Per Unit 2.78 2.73 2.75
Percent of Income Spent on Rent 15.14% 28.24% 29.83%
Per Capita Income $12,356 $28,422 $34,103
Median Household Income $70,953 $72,695 $88,607
Living Below the Poverty Line 4.9% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 73741

In ZIP Code 73741 (Helena, OK), and estimated 24.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 10.0%.

The per capita income in 73741 is estimated at $12,356, which goes along with an estimated median household income of $70,953. About 4.9% of residents in this Alfalfa County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.30 occupants, while the units have an aggregate average size of 2.78 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 15.14% of their income on housing rental costs.

Rental FAQs for ZIP Code 73741

1

What is the median monthly rent in ZIP Code 73741?

Median rent for housing in ZIP Code 73741 in Alfalfa County in Oklahoma is approximately $773 per month.
2

Is it expensive to rent in ZIP Code 73741?

Rent in ZIP Code 73741 is lower than average in the state of Oklahoma overall. The median monthly rent of $773 in ZIP Code 73741 is approximately 5% lower than the Oklahoma median of $810. Additionally, median rent in this Helena, OK region ($773) is about 27% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 73741?

High-priced rentals are not common in the Helena, OK ZIP Code of 73741, 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 73741?

Affordable rentals are more common in ZIP Code 73741 than in Oklahoma overall. The percentage of housing rentals in ZIP Code 73741 costing $999 or less per month (100%) is approximately 40% higher 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 119% lower than the previously mentioned 73741 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 73741?

The most common range for rental cost in ZIP Code 73741 is between $500 and $999 per month. About 79.4% of renters in 73741 pay in this range for monthly rent. In comparison, approximately 58.9% of renters in the state of Oklahoma fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 73741 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 73741 is higher than the rental vacancy rate in the state of Oklahoma overall. Rental vacancy of 10.0% in ZIP Code 73741 is about 22% higher than the Oklahoma rate of 8.2%. Looking more broadly, rental vacancy in this Helena, OK region (10.0%) is an estimated 67% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 73741? How does it compare to other Oklahoma regions?

Median household income in ZIP Code 73741 is higher than in the state of Oklahoma overall. Annual household income of $66,250 in ZIP Code 73741 is about 25% higher than the Oklahoma median of $52,919. Additionally, median household income in this Helena, OK region ($66,250) is approximately 5% 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 73741 spend on housing costs?

Renters in ZIP Code 73741 spend a lower amount of their income on rent costs than do renters in Oklahoma overall. Renters in ZIP Code 73741 spend an estimated 15.14% of their income on rent payments, which is about 46% 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 49% higher than the ZIP Code 73741 estimated rate of 15.14%.
9

Do renters in ZIP Code 73741 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 73741 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 73741 spending 30 percent or more of their income on rent costs (0%) is approximately 100% 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 100% higher than the aforementioned 73741 rate of 0%.
10

What is the average household size of renter-occupied units in ZIP Code 73741?

The average household size of renter-occupied units in ZIP Code 73741 is lower than in the state of Oklahoma overall. Annual household size of 2.30 in ZIP Code 73741 is about 8% lower than the Oklahoma median of 2.49. Additionally, median household size in this Helena, OK region (2.30) is approximately 8% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Oklahoma ZIP Codes