Rental prices in Lincoln, Norman, OK have increased by 0.76% over the past year. The average rent moved from $1,931 to $1,946.
Check out the average rent in Norman.
The national average price of rental apartments is $1,741, while the average monthly rent in Lincoln, Norman, OK is $1,946.
The average monthly rent for an apartment in Lincoln, Norman, OK is around $1,946.
A share of 16% of apartments in Lincoln, Norman, OK have the cheapest rents between ≤ $1000. Around 11% of rentals are $2,001-$2,500. Around 34% of Lincoln's apartments have monthly rents between $1,001-$1,500. There are 12% of apartments with rents between $1,501-$2,000. A share of 28% of apartment rentals in Norman are in the > $3,000 range.
The largest share of rentals in Lincoln, Norman, OK (34%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Lincoln, Norman, OK is $1,215.
In Lincoln 53% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 8% of Lincoln's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.
In total, Lincoln, Norman, OK has 1,984 residents, 990 women and 995 men, per U.S. Census recent estimates. Statistics show that the median age of Lincoln’s population is 30.
There is a total of 817 households in Lincoln, Norman, OK. Of these, 230 have children and 586 are without children. Per Census Bureau’s most current estimates, 438 family households and 378 non-family households live in this area. The size of a household in Lincoln is 2 people, on average. The median household annual income in Lincoln equals $57,478, and the monthly housing costs equal $1,092.
According to data from the U.S. Census Bureau, 2% of the population in Lincoln, Norman, OK have no high school education, 28% went to high-school, and 27% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 21% hold a Bachelor Degree, and 14% hold a Graduate Degree.
