salaryEdmond is the 5th-largest city in Oklahoma that we track, with 96,825 residents. Rent is lower than in 60% of U.S. cities. A typical house costs about 3.2 years of household income. It is a highly educated city: 57.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $58,760 a year. That is $28 an hour at a full-time job.
Is rent cheaper than other Oklahoma cities?
No. Rent here is more expensive than in most of Oklahoma. It is number 66 of 75 cities from cheapest to most expensive.
How much do households earn in Edmond?
Share of households by yearly income. 41.2% of households earn $100,000 or more.
Rent by apartment size in Edmond
| Size | Edmond | U.S. average |
|---|---|---|
| Studio | $918 | $1,338 |
| 1 bedroom | $1,017 | $1,324 |
| 2 bedrooms | $1,347 | $1,509 |
| 3 bedrooms | $1,718 | $1,698 |
| 4 bedrooms | $2,055 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Edmond overall?
Everyday prices in Oklahoma overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Edmond, so the Oklahoma figure is shown.
Taxes and bills in Edmond
Life in Edmond
Is it cheaper to rent or buy in Edmond?
Renting is cheaper right now: about $969 a month less.
Owning assumes a typical $351,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,140 for the down payment.
Frequently asked questions
What is the average rent in Edmond, OK?
Renting in Edmond costs a median of about $1,469 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Edmond?
To keep rent under 30% of income, you need about $58,760 a year, or $28 an hour at a full-time job.
Is Edmond cheap or expensive?
Edmond is rated Cheap: rent takes 15.8% of the typical household income of $111,283. It ranks 66th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Edmond?
The median homeowner in Edmond pays $3,261 a year in property taxes, about 0.93% of the median home value.
Is Edmond more expensive than the national average?
Overall prices in Oklahoma are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Edmond?
The median home value in Edmond is $351,400, about 3.2 times the typical yearly household income.
96,825 people live in Edmond. Numbers are typical (middle) values.