salaryRent is lower than in 64% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (75.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $55,600 a year. That is $27 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 64 of 75 cities from cheapest to most expensive.
How much do households earn in Mustang?
Share of households by yearly income. 32.1% of households earn $100,000 or more.
Rent by apartment size in Mustang
| Size | Mustang | U.S. average |
|---|---|---|
| Studio | $987 | $1,338 |
| 1 bedroom | $976 | $1,324 |
| 2 bedrooms | $1,097 | $1,509 |
| 3 bedrooms | $1,555 | $1,698 |
| 4 bedrooms | $2,299 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mustang 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 Mustang, so the Oklahoma figure is shown.
Taxes and bills in Mustang
Life in Mustang
Is it cheaper to rent or buy in Mustang?
Renting is cheaper right now: about $270 a month less.
Owning assumes a typical $239,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,920 for the down payment.
Frequently asked questions
What is the average rent in Mustang, OK?
Renting in Mustang costs a median of about $1,390 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Mustang?
To keep rent under 30% of income, you need about $55,600 a year, or $27 an hour at a full-time job.
Is Mustang cheap or expensive?
Mustang is rated Cheap: rent takes 17.6% of the typical household income of $94,740. It ranks 64th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Mustang?
The median homeowner in Mustang pays $2,269 a year in property taxes, about 0.95% of the median home value.
Is Mustang 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 Mustang?
The median home value in Mustang is $239,200, about 2.5 times the typical yearly household income.
22,192 people live in Mustang. Numbers are typical (middle) values.