salaryNorman is the 3rd-largest city in Oklahoma that we track, with 129,672 residents. Rent is lower than in 81% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $44,800 a year. That is $22 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 44 of 75 cities from cheapest to most expensive.
How much do households earn in Norman?
Share of households by yearly income. 23.9% of households earn $100,000 or more.
Rent by apartment size in Norman
| Size | Norman | U.S. average |
|---|---|---|
| Studio | $952 | $1,338 |
| 1 bedroom | $972 | $1,324 |
| 2 bedrooms | $1,133 | $1,509 |
| 3 bedrooms | $1,451 | $1,698 |
| 4 bedrooms | $1,458 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Norman 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 Norman, so the Oklahoma figure is shown.
Taxes and bills in Norman
Life in Norman
Is it cheaper to rent or buy in Norman?
Renting is cheaper right now: about $615 a month less.
Owning assumes a typical $250,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,010 for the down payment.
Frequently asked questions
What is the average rent in Norman, OK?
Renting in Norman costs a median of about $1,120 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Norman?
To keep rent under 30% of income, you need about $44,800 a year, or $22 an hour at a full-time job.
Is Norman cheap or expensive?
Norman is rated Cheap: rent takes 18.4% of the typical household income of $73,019. It ranks 44th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Norman?
The median homeowner in Norman pays $2,484 a year in property taxes, about 0.99% of the median home value.
Is Norman 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 Norman?
The median home value in Norman is $250,100, about 3.4 times the typical yearly household income.
129,672 people live in Norman. Numbers are typical (middle) values.