Housing decision brief
Grady County, OK Housing Market
Grady County screens as a higher purchase price, rent that needs comparison, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
67th lowest home value out of 77 Oklahoma counties with data | 57th lowest rent out of 77
Median home value
$187,900
Purchase-price signal from Census ACS.
Median rent
$874/mo
Gross rent, including utilities where reported.
Monthly owner cost
$919/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.5x
Median home value divided by local household income.
Rent burden
23.0%
Below 30% usually screens as less pressured.
Rent vs own
$45/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Rent burden below pressure line
23.00% of renter income goes to rent, below the 30% burden threshold.
What to Check
Tax rate needs attention
0.70% effective property-tax rate is 12% above Oklahoma county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 37.8 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Renters trying to keep rent below the burden threshold
Poor Fit For
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Grady County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $187,900 | $135,800 | $281,900 | 38% pressure38% above Oklahoma county median |
Median gross rent Lower usually helps affordability. | $874 | $811 | $1,163 | 8% pressure8% above Oklahoma county median |
Monthly owner cost Lower usually helps affordability. | $919 | $680 | $1,672 | 35% pressure35% above Oklahoma county median |
Median household income | $75,730 | $57,551 | $74,755 | 32% favorable32% above Oklahoma county median |
Effective property-tax rate Lower usually helps affordability. | 0.70% | 0.63% | 1.02% | 12% pressure12% above Oklahoma county median |
Rent burden Lower usually helps affordability. | 23.00% | 26.00% | N/A | 12% favorable23.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$40,770
Median income minus rent threshold.
Owner cushion
+$36,344
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Grady County offers affordable rental housing at a median of $874/month , about 13.8% of the typical household income here.
Rent vs own
Renters in Grady County pay $874/month on average, compared to $919/month for homeowners. This market favors renters by about 5%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,960/year. For owner costs at the 28% rule, the required income is roughly $39,386/year. With a median household income of $75,730, most households can comfortably afford rent here. Notably, 23.0% of renter households in Grady County are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Beckham County where rent averages $821/month, Grady County is approximately 6% more expensive.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Kingfisher County, OK | $206,400 | $915/mo | Same-state comparison near $206,400 home value and $915/mo rent. |
| Woodward County, OK | $178,000 | $847/mo | Same-state comparison near $178,000 home value and $847/mo rent. |
| Pontotoc County, OK | $170,500 | $880/mo | Same-state comparison near $170,500 home value and $880/mo rent. |
| Love County, OK | $167,500 | $903/mo | Same-state comparison near $167,500 home value and $903/mo rent. |
| Logan County, OK | $234,300 | $895/mo | Same-state comparison near $234,300 home value and $895/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Grady County
Is Grady County affordable for buying a home?
Is renting or owning cheaper in Grady County?
How much income do you need for housing in Grady County?
What should I double-check before moving to Grady County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.