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El Reno, OK—73036

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$186,000
1.6% YoY Growth
Household Income
$59,600
15.1% YoY Growth
Days on Market
64
6.0% Shorter YoY
Home Price Forecast
2.1%
Median Rent
$1,300
4.7% YoY Growth
1-Bed Rent
$758
28.9% YoY Growth
2-Bed Rent
$950
5.2% YoY Growth
3-Bed Rent
$1,300
5.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — El Reno, OK

As of Dec '25, the median home price in El Reno, OK is $186,000, with a year-over-year change of 1.6%. This indicates that home prices in El Reno, OK are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$186,0001.6%
Single Family $186,0001.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $91,000
    -4.2%
    2 Bed
    		$117,000-2.5%
    3 Bed
    		$192,0001.6%
    4 Bed
    		$258,0000.0%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.5%
    1 Bedroom
    8.8%
    2 Bedrooms
    27.8%
    3 Bedrooms
    45.1%
    4 Bedrooms
    14.3%
    5+ Bedrooms
    1.4%

    Rental Trends — El Reno, OK

    As of July '25, Rentcast reports the average rent in El Reno, OK is $1,220, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in El Reno, OK is 1-bedrooms: $777, 2-bedrooms: $990, 3-bedrooms: $1,380, 4-bedrooms: $1,700. The most common rental property sizes in El Reno, OK are 2-bedroom and 3-bedroom, accounting for 42.6% and 27.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,220
    Studio Rent N/AN/A
    1 Bed Rent $758$777
    2 Bed Rent $950$990
    3 Bed Rent $1,300$1,380
    4 Bed Rent $1,650$1,700
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    % of Rental Stock

    Studio
    4.4%
    1 Bedroom
    17.2%
    2 Bedrooms
    42.6%
    3 Bedrooms
    27.0%
    4 Bedrooms
    8.8%

    Property Listings — El Reno, OK

    As of Dec '25, Realtor.com reports that the median days on market for a home in El Reno, OK is 47. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$262,0007.0%
    Listing Count
    		15125.0%
    Listings as % of Homes1.1%25.0%
    Days on Market
    		64-6.0%
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    Demographics — El Reno, OK

    As of the latest ACS Survey released in 2023, El Reno, OK has a population of 20,800, which has remained stable by -0.7% over the past 5 years. El Reno, OK is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		20,800-0.7%
    % Under 18
    		23.9%-0.8%
    % Seniors
    		13.2%2.3%
    % WFH
    		6.8%88.9%
    % w/ College Degree
    		19.5%31.8%
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    As of the latest ACS Survey released in 2023, El Reno, OK is a predominantly white area, with 65.2% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in El Reno, OK is hispanic, making up 16.7% of the population. Foreign-born residents account for 5.4% of the population in El Reno, OK, and this percentage has increased by 10.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		65.2%1.9%
    % Black
    		6.0%9.1%
    % Hispanic
    		16.7%0.6%
    % Asian
    		0.6%20.0%
    % Foreign Born
    		5.4%10.2%
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    Mortgage and Risk — El Reno, OK

    According to HUD data as of 2023, there were 374 mortgage originations in El Reno, OK, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in El Reno, OK. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		374
    % Conventional Loans
    		60.0%
    % Government Loans
    		40.0%
    % Investor Loans
    		8.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — El Reno, OK

    As of 2024, the percent of homes in El Reno, OK under the Section 8 program is 6.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in El Reno, OK, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		197
    Total Units Section 8
    		179
    % Rentals under Section 8
    		6.3%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$52$758$810
    2 Bedroom$40$950$990
    3 Bedroom$20$1,300$1,320
    4 Bedroom-$200$1,650$1,450

    Affordability — El Reno, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$186,000
    Median Household Income$59,600

    El Reno, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions