Rent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $39,480 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Oklahoma cities?
Yes. Rent here is cheaper than in most of Oklahoma. It is number 30 of 75 cities from cheapest to most expensive.
How much do households earn in El Reno?
Share of households by yearly income. 17.6% of households earn $100,000 or more.
Rent by apartment size in El Reno
| Size | El Reno | U.S. average |
|---|---|---|
| Studio | $556 | $1,338 |
| 1 bedroom | $800 | $1,324 |
| 2 bedrooms | $1,043 | $1,509 |
| 3 bedrooms | $1,141 | $1,698 |
| 4 bedrooms | $1,695 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is El Reno 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 El Reno, so the Oklahoma figure is shown.
Taxes and bills in El Reno
Life in El Reno
Is it cheaper to rent or buy in El Reno?
Renting is cheaper right now: about $164 a month less.
Owning assumes a typical $165,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,590 for the down payment.
Frequently asked questions
What is the average rent in El Reno, OK?
Renting in El Reno costs a median of about $987 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in El Reno?
To keep rent under 30% of income, you need about $39,480 a year, or $19 an hour at a full-time job.
Is El Reno cheap or expensive?
El Reno is rated Cheap: rent takes 19.5% of the typical household income of $60,632. It ranks 30th cheapest of 75 Oklahoma cities we track.
How much are property taxes in El Reno?
The median homeowner in El Reno pays $1,338 a year in property taxes, about 0.81% of the median home value.
Is El Reno 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 El Reno?
The median home value in El Reno is $165,900, about 2.7 times the typical yearly household income.
18,557 people live in El Reno. Numbers are typical (middle) values.