Rental numbers for Cleveland County, OK
The typical home here runs -$841 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%.
- Gross yield
- 6.5%
- typical home, Zillow
- Median ZIP yield
- 6.9%
- 6 ZIPs with full data
- Cash flow
- -$841/mo
- at 7.78%, 25% down
- Typical price
- $254,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,372/mo
- Zillow ZORI, Aug 2026
ZIP codes in Cleveland County
12 with published figures
| 73068Noble | $210,000 | $1,423 | 8.1% | 3.9% | -$456 | n/a |
| 73160Moore | $223,000 | $1,474 | 7.9% | 3.5% | -$549 | +1.0% |
| 73071Norman | $223,000 | $1,308 | 7.0% | 2.8% | -$675 | +1.9% |
| 73069Norman | $244,000 | $1,372 | 6.7% | 2.6% | -$777 | +3.6% |
| 73170Oklahoma City | $289,000 | $1,560 | 6.5% | 2.6% | -$941 | +1.9% |
| 73051Slaughterville | $200,000 | $1,060* | 6.3% | 2.4% | -$679 | n/a |
| 74857Newalla | $276,000 | $1,410* | 6.1% | 2.5% | -$904 | n/a |
| 73072Norman | $320,000 | $1,420 | 5.3% | 1.8% | -$1,255 | +2.5% |
| 73169Oklahoma City | $355,000 | $1,380* | 4.7% | 1.4% | -$1,511 | n/a |
| 73026Norman | $330,000 | $1,200* | 4.4% | 1.1% | -$1,487 | n/a |
| 73165Oklahoma City | $382,000 | $1,220* | 3.8% | 0.6% | -$1,859 | n/a |
| 73173Oklahoma City | $461,000 | $1,340* | 3.5% | 0.3% | -$2,381 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.8%
- Rent, 12 months
- +1.9%
- Rent minus price growth
- +1.1 pts
- Property tax
- 1.00%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $203,002 | $1,127 |
| Aug 2022 | $232,801 | $1,220 |
| Aug 2023 | $241,380 | $1,261 |
| Aug 2024 | $245,066 | $1,298 |
| Aug 2025 | $251,786 | $1,346 |
| Aug 2026 | $253,856 | $1,372 |
HUD Fair Market Rent
FY2027, Oklahoma City, OK HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $958 | $1,040 | $1,264 | $1,713 | $1,923 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 7.3
- 856 units, last 12 months
- National percentile
- 60th
- among US counties
Tools
Test a listing in Cleveland County against today's rate.
Open the calculatorPart of the Oklahoma City, OK metro.
Questions
- Is Cleveland County good for rental property?
- The typical home here runs -$841 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Cleveland County?
- About 1.00% of value, from Census ACS median taxes paid over median home value. On a $254,000 home that is about $2,541 a year.
- What is Fair Market Rent in Cleveland County?
- HUD's FY2027 Fair Market Rent here is $1,040 for a 1-bedroom, $1,264 for a 2-bedroom and $1,713 for a 3-bedroom. Typical cash flow at today's rate is -$841 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.