Oklahoma City 3Q 2024 Market Report

Oklahoma City, Oklahoma, USA Skyline

Research Multifamily Market Reports Oklahoma City 3Q 2024 MARKET SNAPSHOT Oklahoma City 3Q 2024 AVERAGE RENT $1,006 3Q 2024 OCCUPANCY RATE 90.1% 3Q 2024 QUARTERLY NET DEMAND 550 [YTD: 1,760] YoY RENT CHANGE 2.2% 3Q 2024 YoY OCCUPANCY CHANGE +10 BASIS POINTS QUARTERLY COMPLETIONS 636 [YTD: 2,380] KEY TAKEAWAYS Demand in Oklahoma City has strengthened […]

Tulsa 3Q 2024 Market Report

Tulsa, Oklahoma, USA Skyline

Research Multifamily Market Reports Tulsa 3Q 2024 MARKET SNAPSHOT Tulsa 3Q 2024 AVERAGE RENT $1,013 3Q 2024 OCCUPANCY RATE 92.2% 3Q 2024 QUARTERLY NET DEMAND 502 [YTD: 1,132] YoY RENT CHANGE 3.4% 3Q 2024 YoY OCCUPANCY CHANGE +10 BASIS POINTS QUARTERLY COMPLETIONS 438 [YTD: 1,844] KEY TAKEAWAYS Multifamily demand in Tulsa continued its strong performance […]

Oklahoma City 3Q 2024

Oklahoma City, Oklahoma, USA Skyline

An interactive look into the Multifamily Construction Pipeline in Q3 for Oklahoma City, Oklahoma

Tulsa 3Q 2024

Tulsa, Oklahoma, USA Skyline

An interactive look into the Multifamily Construction Pipeline in Q3 for Tulsa, Oklahoma

Oklahoma City 2Q 2024 Report

Oklahoma City, Oklahoma, USA Skyline

Oklahoma City 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $982 2Q 2024 2Q 2024 RENT CHANGE 2.5% OCCUPANCY RATE 89.8% 2Q 2024 ANNUAL OCCUPANCY CHANGE -30 BASIS POINTS QUARTERLY DEMAND 774 [YTD: 1,009] QUARTERLY COMPLETIONS 1,085 [YTD: 1,791] KEY TAKEAWAYS The Oklahoma City multifamily market experienced a significant surge in rental demand during the […]

Tulsa 2Q 2024 Report

Tulsa, Oklahoma, USA Skyline

Tulsa 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $994 2Q 2024 2Q 2024 RENT CHANGE 3.9% OCCUPANCY RATE 92.5% 2Q 2024 ANNUAL OCCUPANCY CHANGE 40 BASIS POINTS QUARTERLY DEMAND 497 [YTD: 872] QUARTERLY COMPLETIONS 262 [YTD: 1,406] KEY TAKEAWAYS In Q2 2024, Tulsa’s average rents surged by 3.9%, nearly four times the national average, […]

Oklahoma City 2Q24

An interactive look into the Multifamily Construction Pipeline in Q1 for Oklahoma City

Tulsa 2Q24

Tulsa, Oklahoma, USA Skyline

An interactive look into the Multifamily Construction Pipeline in Q2 for St. Louis, Missouri

Oklahoma City Q1 2024 Report

Oklahoma City, Oklahoma, USA Downtown Cityscape

Oklahoma City 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $960 1Q 2024 1Q 2024 RENT CHANGE 1.9% OCCUPANCY RATE 89.3% 1Q 2024 ANNUAL OCCUPANCY CHANGE -20 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 4.5% NET OPERATING INCOME ANNUAL CHANGE 7.5% * Please note that these employment figures have been adjusted for seasonal variations and […]

Tulsa Q1 2024 Report

Tulsa, Oklahoma, USA Skyline

Tulsa 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $980 1Q 2024 1Q 2024 RENT CHANGE 4.2% OCCUPANCY RATE 91.8% 1Q 2024 ANNUAL OCCUPANCY CHANGE 0 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 6.8% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 7.2% (FEB 2024) * Please note that these employment figures have been adjusted for […]

Oklahoma City 2024 Forecast

Oklahoma City 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $950 4Q 2023 $1,000 4Q 2024 2024 RENT CHANGE 5.3% OCCUPANCY RATE 89.8% 4Q 2023 90.0% 4Q 2024 4Q 2024 OCCUPANCY CHANGE 20 POINTS EMPLOYMENT* 685.9K 2023 690.1K 2024 UNEMPLOYMENT RATE** 2.8% 2023 3.2% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]

Tulsa 2024 Forecast

Tulsa 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $966 4Q 2023 $1,002 4Q 2024 2024 RENT CHANGE 3.7% OCCUPANCY RATE 91.6% 4Q 2023 90.8% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -80 POINTS EMPLOYMENT* 460.9K 2023 463.8K 2024 UNEMPLOYMENT RATE** 3.0% 2023 3.4% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are based […]

Oklahoma City Q3 2023

Read the MMG Research departments in-depth analysis and insights into the Oklahoma City Multifamily Market for Q3 2023.

Tulsa Q3 2023

Tulsa 3Q23Multifamily Market Report $975 average rent 94.7% average occupancy rate $273.0M ANNUAL sales volume 3.2% YoY rent change -1.1 POINTS yoy occupancy change 10 ANNUAL individual transactions Supply & Demand 3Q23 98 Units QUARTERLY DEMANDYTD: -48 60 Units QUARTERLY COMPLETIONSYTD: 198 Annual Demand vs Completions 2018 1,793 317 2019 1,321 270 2020 1,454 830 […]

Oklahoma City Q2 2023

Oklahoma City 2Q23Multifamily Market Report $989 average rent 93.3% average occupancy rate $177.4M ytd sales volume 2.2% YoY rent change -2.7 POINTS yoy occupancy change 13 ytd individual transactions Supply & Demand 2Q23 355 Units QUARTERLY DEMANDYTD: -567 129 Units QUARTERLY COMPLETIONSYTD: 272 Annual Demand vs Completions 2018 2,854 944 2019 1,945 709 2020 273 […]

Tulsa Q2 2023

Tulsa 2Q23Multifamily Market Report $958 average rent 94.6% average occupancy rate $273M ANNUAL sales volume 2.9% YoY rent change -2.2 POINTS yoy occupancy change 10 ANNUAL individual transactions Supply & Demand 2Q23 179 Units QUARTERLY DEMANDYTD: -146 69 Units QUARTERLY COMPLETIONSYTD: 138 Annual Demand vs Completions 2018 1,793 317 2019 1,321 270 2020 1,456 830 […]

Tulsa Q1 2023

This comprehensive analysis provides valuable insights into the multifamily sector’s performance and emerging trends in the Tulsa Market for Q1 2023.