Best Affordable Places to Live in Oklahoma in 2025

(Last Updated – 03/2025)
Oklahoma is known for its natural beauty, its Native American heritage, and its cowboy culture. And there’s plenty to do in the Sooner State — from cultural offerings (think museums and galleries) to recreational activities such as hiking, fishing, and camping. If you’re a fan of dining out, you’ll definitely want to check out the state’s famous Oklahoma-style barbecue and farm-to-table fare.
Oklahoma is also consistently among the most affordable places to live when you look at rankings of the cost of living by state. Housing costs in Oklahoma are among the lowest in the country for both buyers and renters.
Best Places to Live in Oklahoma
Whether you long for wide-open spaces, city living, or something in-between, you can find your fit in Oklahoma. Read on for our roundup of some of the best places in Oklahoma to live.
💡 Quick Tip: Buying a home shouldn’t be aggravating. SoFi’s online mortgage application is quick and simple, with dedicated Mortgage Loan Officers to guide you through the process.
Best Affordable Places to Live in Oklahoma
1. Edmond
You’ll find Edmond at or near the top of just about every “best of” list for the state of Oklahoma. This suburb of Oklahoma City has its own charming downtown and is known for its plentiful parks and top-notch performing arts venues. Families living there appreciate the well-ranked schools. It’s also home to the University of Central Oklahoma and Oklahoma Christian University. The sheer size of the market here helps ensure even those with around $200,000 in the budget will have options.
Population: 98,103
Median Household Income: $102,032
Cost of Living: 88% of U.S. average
Average Rent Price: $1,765
Home Price-to-Income Ratio: 3.3
2. Jenks
Jenks is a fast-growing suburb of Tulsa, and home to the Oklahoma Aquarium, the Jenks Planetarium, and the popular RiverWalk Crossing Entertainment District, which offers shopping, dining, and entertainment venues. Jenks is also known for its short commute to Tulsa, and families will appreciate its well-regarded schools.
Population: 27,553
Median Household Income: $104,970
Cost of Living: 90% of U.S. average
Average Rent Price: $1,800
Home Price-to-Income Ratio: 3.2
3. Stillwater

Photo credit: iStock/DenisTangneyJr
If you like the vibe of a college town, Stillwater — the home of Oklahoma State University — may be the right place for you. Stillwater is known for its hospitality, diversity, and affordability. It has a dynamic downtown area, with live music venues, shopping and dining, and year-round festivals. For those who love art and history, the city also offers the Downtown Stillwater Cultural District. And sports lovers can cheer on the OSU Cowboys. Home prices have increased steadily over the past few years, but the average home value here, at around $241,000, is still around $100,000 under the national average.
Population: 49,525
Median Household Income: $42,015
Cost of Living: 80% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 5.7
Recommended: Home Loan Help Center
Best Places to Live in Oklahoma for Families
Parents seek out places with a concentration of activities and services for families. Well-rated schools and proximity to a solid job market are also among the priorities. These are the places in Oklahoma that rose to the top of our list.
1. Broken Arrow

Photo credit: iStock/DenisTangneyJr
Broken Arrow is a growing, family-friendly city in Oklahoma’s picturesque Green Country region. It’s about a 14-mile commute to Tulsa, and it has its own downtown business district as well. Families will be drawn to the well-rated schools, and they can find lots of activities to choose from year-round — including several seasonal festivals and a “Tuesdays in the Park” concert series held in June. There can be a wide range of home prices depending on the neighborhood you choose. But overall, homes are very affordable.
Population: 119,194
Median Household Income: $85,220
Cost of Living: 86% of U.S. average
Average Rent Price: $1,795
Home Price-to-Income Ratio: 3.2
2. Bixby
Nicknamed “The Garden Spot of Oklahoma” for its agricultural roots, Bixby is a small but growing city near Tulsa. Families are attracted to this community by its good schools, many parks, historic (but updated) downtown district, and small-town feel. If you haven’t bought a home before (or if it’s been a while), familiarize yourself with the different types of mortgage loans before you start your search.
Population: 30,698
Median Household Income: $99,602
Cost of Living: 86% of U.S. average
Average Rent Price: $1,900
Home Price-to-Income Ratio: 3.2
3. Owasso
Owasso is another Tulsa suburb that’s popular with families. There are parks, playgrounds, and other recreational activities for the kids. And it’s big enough that it has the usual lineup of big box and grocery stores. Another draw for families: The schools are well regarded. Though it’s close to the city, Owasso has its own history and sense of community. Looking in Owasso? Make sure you understand the basics of how to qualify for a mortgage before the search gets serious.
Population: 41,162
Median Household Income: $79,386
Cost of Living: 88% of U.S. average
Average Rent Price: $1,700
Home Price-to-Income Ratio: 3.8
Best Places to Live in Oklahoma for Young Adults
Young adults crave access to jobs and nightlife as well as proximity to other young adults. These cities would all be a nice location to begin putting down roots.
1. Oklahoma City

Photo credit: iStock/Sean Pavone
Young adults who like the idea of living in a city — but not an expensive and overwhelming metropolis — may find the state capital of Oklahoma City suits their needs. In 2023, Forbes ranked OKC the No. 2 city in the U.S. for young professionals, citing low living expenses, a thriving job market, and a vibrant atmosphere as major factors in its appeal. If you’re thinking about buying a home, understand the difference between mortgage prequalification and preapproval before you get serious about a spot.
Population: 702,767
Median Household Income: $66,702
Cost of Living: 86% of U.S. average
Median Rent Price: $1,350
Home Price-to-Income Ratio: 2.9
2. Tulsa

Photo credit: iStock/Sean Pavone
Tulsa is Oklahoma’s second-largest city by population, but it’s still quite affordable for both renters and homebuyers — and it’s known for its hospitality. There are several walkable and welcoming neighborhoods for those who like the idea of stopping in at a local restaurant, coffee shop, or bar. (There’s also a public bus system and a bike share program.) Residents can enjoy a vibrant arts and entertainment scene with a range of music venues. And for outdoorsy types, there are more than 130 parks around the metro area.
Population: 411,894
Median Household Income: $58,407
Cost of Living: 87% of U.S. average
Average Rent Price: $1,350
Home Price-to-Income Ratio: 3.4
3. Moore
Looking for a suburban setting with a quick commute to Oklahoma City? Moore has a mix of amenities that both young professionals and young families might find appealing. The Station Recreation & Aquatic Center, which is run by the city, offers pickleball and basketball courts as well as an indoor walking track and an outdoor pool. And you may find that home and rent prices are less expensive in Moore than some nearby suburbs.
Population: 63,470
Median Household Income: $76,941
Cost of Living: 84% of U.S. average
Average Rent Price: $1,545
Home Price-to-Income Ratio: 2.8
Recommended: Oklahoma First-time Home Buying Assistance Programs
Best Places to Live in Oklahoma for Retirees
Retirees might want outdoor activities, easily available medical care, and a cost of living that helps a fixed income go farther. Oklahoma offers several options. (If taxes are a consideration, study up on the best states to retire in for tax purposes.
1. The Village
This small city is located just north of the upscale Nichols Hills suburb of Oklahoma City, but home prices in The Village are generally much lower. And it’s close to all that the big city has to offer (including the airport, for those who have grandkids to visit). It’s also a quick drive to lovely Lake Hefner, where retirees can walk, run, kayak, golf, and fish.
Population: 9,368
Median Household Income: $70,788
Cost of Living: 88% of U.S. average
Average Rent Price: $958
Home Price-to-Income Ratio: 2.9
2. Bartlesville

Photo credit: iStock/DenisTangneyJr
Bartlesville has plenty to offer retirees with a wide range of interests, including interesting architecture, a museum packed with Western artifacts, and several scenic parks. And when the grandchildren come to visit, there’s Bartlesville Kiddie Park, with fun rides designed specifically with younger children in mind.
Population: 38,114
Median Household Income: $59,457
Cost of Living: 80% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 2.9
3. Lawton

Photo credit: iStock/DenisTangneyJr
Ready to try your luck in Lawton? This diverse city in southwest Oklahoma is known for its rich Native American history, and it’s the home of the bustling Comanche Nation Casino, where retirees (and their visitors) can enjoy good food and good times. If you prefer the outdoors, you’ll find there are plenty of parks for picnicking and other activities.
Population: 90,245
Median Household Income: $53,588
Cost of Living: 77% of U.S. average
Average Rent Price: $1,050
Home Price-to-Income Ratio: 2.4
Best Places to Live in Oklahoma Near the Water
Living near the water in Oklahoma usually means living near one of the state’s 200+ lakes, many of which are teeming with fish. Waterside living is never a bargain, but these towns offer the most affordable options in what is, overall, a very affordable state.
1. Grove
If fishing and boating — or a beautiful water view — is a priority in your home search, you may want to put Grove on your house-hunting list. The small town is surrounded by Grand Lake, which is a professional bass fishing tournament lake and a recreational hotspot. There’s also a botanical garden, and lots to explore in Grand Lake State Park. And because Grove is popular with tourists in the summer months, there are plenty of bars and restaurants.
Population: 7,293
Median Household Income: $56,875
Cost of Living: 84% of U.S. average
Average Rent Price: $1,300
Home Price-to-Income Ratio: 4.8
💡 Quick Tip: A major home purchase may mean a jumbo loan, but it doesn’t have to mean a jumbo down payment. Apply for a jumbo mortgage with SoFi, and you could put as little as 10% down.
2. Ardmore

Photo credit: iStock/theishkid
There’s a little bit of everything in Ardmore: arts and culture, world-class golf courses, and diverse dining and shopping opportunities. And, of course, there’s beautiful Lake Murray, where you can swim, boat, and fish. Ardmore also is known for its health-care facilities and friendly neighborhoods. The cost of living in Ardmore is lower than the overall cost of living in Oklahoma, and much lower than the U.S. average.
Population: 24,847
Median Household Income: $52,954
Cost of Living: 80% of U.S. average
Average Rent Price: $1,300
Home Price-to-Income Ratio: 2.7
3. Broken Bow

Photo credit: iStock/loki1982
The city of Broken Bow, in the southeast corner of Oklahoma, has its own 40-acre park with a stocked fishing pond, walking track, and more. It’s also near popular Broken Bow Lake, a thriving tourist destination that benefits businesses in Broken Bow (but can add to the traffic).
Population: 4,215
Median Household Income: $50,744
Cost of Living: 74% of U.S. Average
Median Rent Price: $1,650
Home Price-to-Income Ratio: 5.9
The Takeaway
The state of Oklahoma has something for just about everyone — whether you’re hoping to find a scenic place to relax and maybe go fishing, a quiet suburb with good schools and easy access to city amenities, or a home in a vibrant city that still offers a manageable cost of living.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
Browse Other States
FAQ
What is the most affordable city in Oklahoma?
Lawton, with a population of more than 90,000, is among the most affordable cities in Oklahoma, with a cost of living that is 23% lower than the U.S. average.
Where is the least expensive place to live in Oklahoma?
Lawton and Broken Bow have the lowest cost of living — but there are many affordable cities and towns worth checking out in the Sooner State.
Where is the best place to live near Oklahoma City?
Edmond, Moore, and The Village are all affordable OKC suburbs that have a lot to offer residents.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances. Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice. ‡SoFi On-Time Close Guarantee: If all conditions of the Guarantee are met, and your loan does not close on or before the closing date on your purchase contract accepted by SoFi, and the delay is due to SoFi, SoFi will provide you $2,000.^ Terms and conditions apply. This Guarantee is available only for loan applications submitted after 6/15/22 for the purchase of a primary residence. Please discuss terms of this Guarantee with your loan officer. The property must be owner-occupied, single-family residence (no condos), and the loan amount must meet the Fannie Mae conventional guidelines. No bank-owned or short-sale transactions. To qualify for the Guarantee, you must: (1) Have employment income supported by W-2, (2) Receive written approval by SoFi for the loan and you lock the rate, (3) submit an executed purchase contract on an eligible property at least 30 days prior to the closing date in the purchase contract, (4) provide to SoFi (by upload) all required documentation within 24 hours of SoFi requesting your documentation and upload any follow-up required documents within 36 hours of the request, and (5) pay for and schedule an appraisal within 48 hours of the appraiser first contacting you by phone or email. The Guarantee will be void and not paid if any delays to closing are due to factors outside of SoFi control, including delays scheduling or completing the appraisal appointment, appraised value disputes, completing a property inspection, making repairs to the property by any party, addressing possible title defects, natural disasters, further negotiation of or changes to the purchase contract, changes to the loan terms, or changes in borrower’s eligibility for the loan (e.g., changes in credit profile or employment), or if property purchase does not occur. SoFi may change or terminate this offer at any time without notice to you. ^To redeem the Guarantee if conditions met, see documentation provided by loan officer.
SOHL-Q125-115