Rent in Red Oak, OK
A 2-bedroom in Red Oak, OK (ZIP 74563) typically rents for about $425 a month, with a range of $425–$916. Owner-occupied homes in Latimer County pay about 0.53% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $696 | $696 | 1 |
| 1 bed | $700 | $700 | 1 |
| 2 beds | $425 | $425–$916 | 1 |
| 3 beds | $788 | $788–$1,169 | 1 |
| 4 beds | $779 | $779–$1,343 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Red Oak ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Red Oak, OK?
- About $425 a month: the median of the typical rents in 1 ZIP code, which range from $425–$916. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Red Oak, OK?
- About $700 a month: the median of the typical rents in 1 ZIP code, which range from $700. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Red Oak, OK?
- About $788 a month: the median of the typical rents in 1 ZIP code, which range from $788–$1,169. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Red Oak, OK?
- About $696 a month: the median of the typical rents in 1 ZIP code, which range from $696. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Red Oak, OK?
- About $779 a month: the median of the typical rents in 1 ZIP code, which range from $779–$1,343. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Red Oak, OK?
- Owner-occupied homes in Latimer County pay a typical 0.53% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Red Oak rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).