salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (83.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $34,600 a year. That is $17 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 14 of 75 cities from cheapest to most expensive.
How much do households earn in Newcastle?
Share of households by yearly income. 36.5% of households earn $100,000 or more.
Rent by apartment size in Newcastle
| Size | Newcastle | U.S. average |
|---|---|---|
| 1 bedroom | $771 | $1,324 |
| 2 bedrooms | $951 | $1,509 |
| 3 bedrooms | $1,550 | $1,698 |
| 4 bedrooms | $1,944 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Newcastle 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 Newcastle, so the Oklahoma figure is shown.
Taxes and bills in Newcastle
Life in Newcastle
Is it cheaper to rent or buy in Newcastle?
Renting is cheaper right now: about $1,021 a month less.
Owning assumes a typical $271,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,180 for the down payment.
Frequently asked questions
What is the average rent in Newcastle, OK?
Renting in Newcastle costs a median of about $865 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Newcastle?
To keep rent under 30% of income, you need about $34,600 a year, or $17 an hour at a full-time job.
Is Newcastle cheap or expensive?
Newcastle is rated Cheap: rent takes 10.3% of the typical household income of $100,730. It ranks 14th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Newcastle?
The median homeowner in Newcastle pays $2,502 a year in property taxes, about 0.92% of the median home value.
Is Newcastle 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 Newcastle?
The median home value in Newcastle is $271,800, about 2.7 times the typical yearly household income.
13,001 people live in Newcastle. Numbers are typical (middle) values.