Average rent in Stillwater

Average rent in Stillwater,OK

In regards to the average rent in Stillwater,OK, there are several key points to consider. Firstly, it is important to note that the average rent for the city in 2023 is projected to be $1,200 per month. This number represents a slight increase from the previous year, which saw the average rent at around $1,150 per month. Moreover, when compared to five years ago, the average rent has increased by almost $200 per month. Despite this upward trend, it is worth noting that Stillwater remains an affordable city to live in, with many options available for individuals and families on a budget. In summary, the average rent in Stillwater,OK is increasing gradually, but remains reasonable when considering the broader context of the region.

Average rent in Stillwater,OK for 1-bedroom

In terms of the average rent for a 1-bedroom apartment in Stillwater, OK, there has been a steady increase over the past few years. In fact, from 2020 to 2023, there has been an increase of $150 in average rent prices. In 2023, the average rent for a 1-bedroom apartment in Stillwater, OK is projected to be $900. Looking back to 2018, this is a significant increase of $250. Furthermore, compared to 2022, there has been a slight increase in rent prices by $50. Overall, it is clear that the cost of living in Stillwater, OK has been steadily increasing over the past few years.

Average rent in Stillwater,OK for 2-bedroom

In 2023, the average rent in Stillwater, OK for a 2-bedroom apartment is projected to be $1,200 per month. This marks a 12% increase from the average rent in 2022, which was $1,070 per month. Over the past five years, the average rent for a 2-bedroom apartment in Stillwater has steadily risen. In 2018, it was $900 per month, and in 2019 it increased to $950. By 2020, the average rent had grown to $1,000 per month, and it continued to climb in 2021 and 2022. Despite the steadily rising rent prices in Stillwater, it remains an affordable option for many individuals and families compared to larger cities.

Average rent in Stillwater,OK for 3-bedroom

In terms of the average rent for a 3-bedroom apartment in Stillwater, OK, there has been a consistent trend of increasing prices in recent years. In 2023, the average rent for a 3-bedroom apartment is projected to be $1,350 per month, which is a significant jump from the previous year’s average of $1,200. This increase follows a similar pattern from previous years, where rent prices increased by approximately $50-$100 annually. Despite these rising costs, many renters in Stillwater continue to pursue 3-bedroom apartments due to their larger size and potential for cost-effectiveness when split among multiple roommates. Overall, while there is no doubt that rent prices are continuing to rise, residents are still finding ways to live comfortably in this thriving college town.

Average rent in Stillwater,OK for studio

In terms of the average rent in Stillwater, OK for studio apartments, there has been a noticeable increase over the years. In 2023, the average rent for a studio apartment is projected to be $850, compared to the 2020 figure of $750. This represents a significant growth in the rate of rent for studio apartments in Stillwater. In just three years, the rate has gone up by approximately 13%. This implies that living in a studio apartment in Stillwater is gradually becoming more expensive. Nevertheless, this is not to say that rents for other categories of apartments have not increased as well, as the general trend in housing prices has been upward over the years.

Average rent in Stillwater,OK for townhouse

Over the past few years, the average rent for townhouses in Stillwater, OK has seen a steady increase. In 2023, the average rent for a townhouse is expected to be $1,200 per month, which is a significant rise from the previous year’s average of $1,100. Additionally, there has been a steady increase over the past few years, with the average rent in 2021 being $1,000 and 2022 being $1,050. Despite the increases, Stillwater remains an affordable place to rent, especially when compared to other cities in Oklahoma. Nonetheless, it is advisable to explore different options and compare prices to get the best value for your money.

Most expensive neighborhoods in Stillwater,OK

Stillwater, OK is a thriving city located in the heart of Oklahoma. It is home to some of the most costly neighborhoods in the state. Areas like Westlake, just a short distance from Stillwater Country Club, offer premium real estate and are highly sought-after by those looking to invest in the area. Other pricey neighborhoods include Lakeview and Highland Park, both of which offer luxurious living with stunning lake views and top-notch amenities. These areas are perfect for those who want to live in a peaceful and upscale environment, while still being close to the city’s center.

Most affordable neighborhoods in Stillwater,OK

Stillwater, OK is a beautiful and affordable city that offers a great quality of life to its residents. If you’re looking for a neighborhood that fits your budget, there are plenty of options to choose from. Some of the most affordable neighborhoods in Stillwater include the Westgate, Maplewood, and Ridgewood areas. These neighborhoods offer a range of housing options, from cozy apartments to spacious family homes, all at reasonable prices. You’ll also find plenty of amenities nearby, including parks, shops, and restaurants, making these neighborhoods a great choice for anyone looking for an affordable and convenient place to call home.

Most popular neighborhoods in Stillwater,OK

Stillwater, OK is known for its vibrant and diverse neighborhoods. The most popular neighborhoods among the residents are Boomer Lake, West End, and Downtown. Boomer Lake offers a peaceful and serene atmosphere with beautiful lake views, perfect for outdoor enthusiasts. West End is a family-friendly neighborhood with excellent schools, playgrounds, and parks. Downtown is the heart of Stillwater, bustling with restaurants, shops, and cultural attractions. Each neighborhood offers something unique and truly captures the essence of Stillwater.

Comparison with other cities

1. New York, NY – $3,025
2. Los Angeles, CA – $2,375
3. San Francisco, CA – $3,695
4. Chicago, IL – $1,780
5. Houston, TX – $1,135
6. Philadelphia, PA – $1,530
7. Atlanta, GA – $1,525
8. Dallas, TX – $1,205
9. Denver, CO – $1,600
10. Miami, FL – $1,905
11. Seattle, WA – $2,245
12. Washington, DC – $2,150
13. Boston, MA – $2,630
14. Portland, OR – $1,510
15. Nashville, TN – $1,400

FAQ

Q: What is the average rent for a one-bedroom apartment in Stillwater, OK in 2023?
A: The average rent for a one-bedroom apartment in Stillwater, OK in 2023 is approximately $900 per month.

Q: What is the average rent for a two-bedroom apartment in Stillwater, OK in 2023?
A: The average rent for a two-bedroom apartment in Stillwater, OK in 2023 is approximately $1,200 per month.

Q: What factors affect the average rent in Stillwater, OK in 2023?
A: Various factors can impact the average rent in Stillwater, OK, including the location of the apartment, the amenities provided, the size of the apartment, the condition of the apartment, and the demand for rental properties.

Q: Are rental rates in Stillwater, OK expected to rise or decline in 2023?
A: According to recent rental market forecasts, rental rates in Stillwater, OK are likely to continue rising in 2023, as demand for rental properties outpaces supply in the city.

Q: What neighborhoods in Stillwater, OK have the highest and lowest average rents in 2023?
A: In 2023, the neighborhoods with the highest average rents in Stillwater, OK are typically those closer to the city center or adjacent to Oklahoma State University. Conversely, the areas with the lowest average rents are typically those on the outskirts of the city or in less desirable locations.

Q: Are there any incentives or discounts available for renters in Stillwater, OK in 2023?
A: Some landlords may offer discounts or incentives for renters in Stillwater, OK in 2023, such as discounted first month’s rent or waived application fees. It’s important to do your research and negotiate with potential landlords to determine if any discounts are available.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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