Market Snapshot Oklahoma City Q1 2025

Market Overview

MMG’s Q1 2025 report highlights a healthier balance between supply and demand in Oklahoma City, with net absorption of 2,135 units nearly matching annual completions. The metro’s average rent rose to $1,012—a 2.2% increase—while occupancy stabilized around 90%. Affordable pricing, especially in submarkets like Central OKC, Norman, and Midwest City, continues to draw steady renter interest. With construction levels at half the national average and private capital dominating transaction volume, OKC remains a quietly strong performer.

About MMG

MMG’s Oklahoma City research focuses on practical, data-backed insights for multifamily operators and investors. Their quarterly reports feature submarket-level breakdowns, construction pipelines, and performance benchmarks, helping stakeholders make informed decisions in value-oriented markets. MMG is particularly strong at highlighting growth corridors and uncovering emerging investor opportunities.

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