At June 2026, Zillow ZORI places the typical observed ZIP-level asking-rent index for 73170 at $1,535 per month. ZORI blends observed asking rents across rental types, so it is a current market index rather than a lease quote for a specified home. For wider context, Oklahoma City city rent is $1,298, Cleveland County county rent is $1,391, and Oklahoma City, OK metro rent is $1,393; each is a broader-geography comparison rather than a ZIP substitute. The ZIP reading is higher than all three contexts, but that spread alone does not establish a unit’s size, condition, included utilities, or availability.
The ZIP label is both a Zillow ZIP market identifier and a matched Census ZCTA reference; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. In the ACS 2024 five-year survey, median gross rent was $1,593 with a $88 margin of error. That ACS figure describes occupied renter homes and includes selected utilities, which makes it a different evidence universe from Zillow asking rent. The ZIP ZORI sits below that survey median. HUD’s two-bedroom FMR/SAFMR standard is $1,640, also above ZORI, but HUD is an administrative bedroom-specific standard rather than an asking-rent observation.
The bedroom view should therefore be read as a model, not as a set of measured rents. Scaling ZIP ZORI with the local HUD bedroom ladder produces modelled monthly estimates of $1,161 for a studio, $1,254 for one bedroom, $1,535 for two bedrooms, $2,069 for three bedrooms, and $2,293 for four bedrooms. These estimates preserve the local HUD size relationships while anchoring their level to the blended Zillow index. They do not document asking rents for particular bedroom types, buildings, lease terms, or utility packages, and they should never be treated as measured bedroom rents.
On an arithmetic annual-income screen, paying the current ZIP asking-rent index at 30% of income requires $61,400. The ZCTA-wide median household income is $94,688, with a $7,372 margin of error, and the annualized asking-rent index equals 19.5% of that all-household median income. That comparison is broad rather than a renter-income measure. Meanwhile, 1,346 of 2,935 surveyed renter households, or 45.9%, reported spending at least 30% of income on rent. The required-income screen is arithmetic, not advice or an applicant qualification rule, and the burden measure cannot prove affordability for a particular home or household.
The matched ZCTA’s housing profile provides a useful constraint on how broadly the rent index can be generalized. Its population is 41,458 and it contains 16,750 housing units. The vacancy rate is 3.6%, while renters occupy 18.2% of occupied homes. Housing stock is predominantly single-family: 14,753 units are single-family and 870 are in large multifamily structures. There are 277 vacant units classified for rent, but that classification is neither a current availability count nor proof of vacancy at any individual property. These survey measures describe the ZCTA’s stock and occupancy, not a live listing inventory.
Backward-looking Zillow history shows stable growth, although the recent pace is slower than the longer path. The exact same-month one-year change is 2.36%, compared with 3.15% annualized over three years and 3.90% annualized over five years. Thus, direction still confirms the longer rising path, while the latest interval breaks from its faster historical pace. Monthly-return variability annualizes to 2.39%, supporting some confidence that a single current ZORI reading has not been shaped by extreme month-to-month movement. A separate historical peak-to-trough drawdown of 4.15% still shows that declines occurred. Coverage reaches 98.4%; transparent national discovery ranks among history-eligible ZIPs are 1,122 for momentum, 513 for stability, and 512 for balanced performance, where lower ranks are higher. These are measurements, not forecasts or investment recommendations.
Redfin supplies direct rolling-three-month ZIP resale evidence, not rental transactions. Its median sold price is $299,932, up 2.91% year over year, across 168 homes sold. Marketing time was 20 days, inventory was 171 homes, and months of supply stood at 3.1. Sale-to-list signals were an average 99.12% sale-to-list ratio and a 20.88% share sold above list. This resale picture shows observable transaction flow, but it does not convert sales into rental comparables. One tension is that sold prices rose slightly faster than the latest asking-rent history, challenging any simple reading of rent growth as the sole market signal. Annualized ZIP ZORI divided by median sold price is 6.14%, but it is only a cross-source screening ratio, not a cap rate, net return, expected return, or property yield.
The evidence has clear limits at the property level. Zillow does not identify a specific unit, ACS is a multi-year survey of the ZCTA rather than a current lease file, HUD is a standard, and Redfin tracks resales rather than rentals. Concrete checks should establish the actual bedroom count, advertised rent, lease term, concessions, utilities included, current occupancy, physical condition, and whether a unit’s property type resembles the blend behind ZORI. For a resale-linked review, verify the individual sale’s condition, list-price history, timing, and comparability rather than assigning ZIP-level rent or sales signals to it. The central question is whether the specific unit’s documented terms match the distinct evidence universes summarized here.
","findings":[{"body":"Zillow’s current ZIP-level asking-rent index is above the Oklahoma City city, Cleveland County, and Oklahoma City metro context figures. That comparison identifies a higher ZIP-level index, but it does not establish why the difference exists or whether a particular available unit carries the same rent, size, condition, or utility treatment.","title":"Current ZIP asking rent exceeds broader context"},{"body":"The one-year same-month ZORI increase trails both the three-year and five-year annualized changes. This confirms a longer upward history while showing that the latest pace is less rapid. Relatively low historical monthly variability and strong coverage improve confidence in the index snapshot, although the recorded drawdown shows that history was not uniformly positive.","title":"Historical growth remains positive but has slowed"},{"body":"The arithmetic income needed to pay the ZORI level at the stated share of income is below the ZCTA-wide median household income. However, a substantial portion of surveyed renter households reported paying at least that share of income toward rent. Household-wide income, renter burden, and a current asking-rent index answer different questions and cannot identify affordability for one applicant or unit.","title":"Affordability indicators point in different directions"},{"body":"Redfin reports direct ZIP resale transactions, short marketing time, limited months of supply, and sale-to-list indicators near list price. Those are for-sale market observations rather than rental evidence. The annualized rent-to-price screening ratio can compare two sources at a high level, but it omits expenses, financing, property condition, vacancy at a specific home, and lease terms.","title":"Resale liquidity is observable, but rental economics are not"}],"risks":["The Zillow index is blended across rental types and does not identify the actual bedroom count, lease duration, concessions, utility treatment, physical condition, or live availability of a specific rental unit.","ACS measures come from a matched statistical ZCTA over a multi-year survey period, so household income, gross rent, burden, occupancy, and vacancy measures should not be treated as current unit-level observations.","Bedroom estimates are modelled by applying the local HUD ladder to ZIP ZORI. They can organize size-related comparisons, but they are not measured asking rents or evidence of actual rent quotes.","Redfin resale information records for-sale activity rather than rental transactions. A ZIP-level rent-to-price screening ratio excludes operating costs, property-specific repairs, taxes, insurance, financing, and tenant turnover."],"qa":[{"a":"Zillow ZORI is a current ZIP-level typical observed asking-rent index blended across rental types. ACS median gross rent is a five-year survey measure for occupied renter homes and includes selected utilities. They differ in timing, unit universe, treatment of utilities, and whether the data describe asking rents or occupied households.","q":"Why does Zillow ZORI differ from ACS median gross rent?"},{"a":"No. The studio through four-bedroom figures are modelled estimates that scale the ZIP Zillow index using the local HUD bedroom ladder. They are useful for a structured size comparison, but they are not measured bedroom rents and do not show rents for a particular building, lease, property type, or utility package.","q":"Are the bedroom estimates observed rents for each unit size?"},{"a":"It divides the annualized current asking-rent index by the stated income share to produce an arithmetic income threshold. It is not advice, a credit rule, an applicant qualification standard, or evidence that a household can afford a particular property. The ZCTA burden survey remains a separate household-level measure.","q":"What does the required-income screen show?"},{"a":"It is only annualized ZIP ZORI divided by Redfin’s direct ZIP median sold price, joining two distinct source universes for a broad screen. It is not a cap rate, property yield, net return, or expected return because it excludes property-specific costs, transaction details, financing, and the actual rent achieved.","q":"How should the Redfin rent-to-price screening ratio be used?"}],"sources":[{"key":"apartment_list_time_on_market","name":"Apartment List Time on Market — listing liquidity","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/category/data-rent-estimates"},{"key":"apartment_list_vacancy","name":"Apartment List Vacancy Index — rental vacancy","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/apartment-list-vacancy-index-methodology"},{"key":"census_zcta_facts","name":"Census ACS five-year — ZCTA housing and income","release":"ACS 2024 5-year ZCTA","pulledAt":"2026-08-08","url":"https://api.census.gov/data/2024/acs/acs5.html"},{"key":"hud_zip","name":"HUD USPS crosswalk and Small Area FMRs — ZIP rent 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