Locally Owned & Operated
Owning rental property in Norman can be rewarding, but managing it yourself isn’t easy. From finding tenants to handling maintenance and rent collection, it can quickly become overwhelming. That’s where OKC Home Realty Services comes in.
With over 20 years of experience, we help Norman landlords protect their investments, maximize cash flow, and reduce stress. Our team takes care of everything: tenant screening, leasing, maintenance, inspections, and rent collection, so your Norman rental properties run smoothly and profitably.
Trusted by property owners across Oklahoma and featured in top real estate and community platforms.
At OKC Home Realty Services, we take care of every detail, from marketing your property to handling maintenance calls. Here’s what’s included in our Norman property management service:
We list your home on the top rental sites and social platforms to attract qualified tenants fast.
We manage the entire process professionally and in compliance with Oklahoma law.
We manage a wide range of rental properties across Norman and nearby areas:
Whether you own one rental home or a small portfolio, our Norman property management team delivers hands-on service tailored to your needs.
A Simple, Proven Process That Saves You Time and Money
Step-by-step visual:
Get a local rental market report to set the right rent.
Advertised across top platforms, and qualified applicants are directed to apply quickly
Only the most reliable tenants are approved.
Professional lease preparation, digital signing, and a smooth move‑in process
Rent collection, maintenance, accounting, and renewals.
Our property managers live and work right here in the Norman area. They know the local rental trends, tenant preferences, and community vibe, giving your property the attention and expertise it deserves.
Norman is a vibrant, educated college town located on the South Canadian River, immediately southeast of the Oklahoma City metropolitan area, offering a unique blend of university culture, family-friendly neighborhoods, and strong employment opportunities. Norman combines college-town energy with suburban stability, creating diverse rental opportunities year-round.
Norman, a city on the rise, is the fastest-growing city in the Oklahoma City metropolitan area. It has swiftly become the third-most populous city, thanks to its flat areas. The housing market is a hotbed of activity, with homes selling faster than the state average.
With around a 52.7% homeownership rate, Norman has a robust rental market serving students, young professionals, faculty, and families. The city’s positioning between Oklahoma City and Moore, combined with easy I-35 access and being home to the University of Oklahoma, creates consistent demand from multiple tenant segments.
Local highlights:
Norman’s population is 131,010, growing from 127,997 in 2020, showing steady growth of 0.51% annually and an impressive 36.9% increase since 2000, similar to 38.5% growth for Oklahoma City. The city has a median age of 31.6 years, making it one of the youngest communities in the metro.
Norman is diverse and educated. An impressive 94.0% of residents have a high school education or higher, significantly above Oklahoma City’s 87.8%. College education rates are exceptional at 46.2%, far exceeding Oklahoma City’s 34% and reflecting Norman’s university influence and educated workforce.
Income & Employment
Residents have a median household income of $65,060, which is 2% lower than Oklahoma City’s $66,702 but reflects the significant student population. While the student population skews the median income slightly lower, the purchasing power of the permanent workforce is high. Over 46% of residents hold a Bachelor’s degree or higher, which translates to a tenant base of reliable, white-collar professionals, including professors, doctors, and researchers.
Housing & Rentals
Median home value: $239,300 (vs. $215,100 in Oklahoma City)
Median rent: $1,064/month (vs. $1,083/month in OKC)
Rental occupancy: 52.7% of housing units
Quick stats:
| Data | Norman | Oklahoma City |
| Rental Housing as a percentage of housing units | 52.7% | 59.1% |
| Median Housing Price | $239,300 | $215,100 |
| Median Rental Price | $1,064/month | $1,083/month |
| High School Educated or Higher (%) | 94.0% | 87.8% |
| College Educated (%) | 46.2% | 34.0% |
| Below Poverty Line (%) | 17.0% | 15.2% |
| In the civilian labor force, 16+ (%) | 63.6% | 66.4% |
| Median Income ($) | $65,060 | $66,702 |
Source: US Data Census
Norman’s population is significantly younger, more educated, and more diverse compared to the Oklahoma City metro average. The median income of Norman residents is comparable to Oklahoma City, but this figure is influenced by the large student population. When examining household incomes for non-student residents and families, Norman demonstrates strong economic stability
Many Norman residents work at the University of Oklahoma, Norman Regional Health System, local businesses, or commute to Oklahoma City and Tinker Air Force Base. The highways, particularly I-35, allow quick access to other parts of the metro area, making commutes manageable.
With median home prices 32.9% higher than in Oklahoma City but comparable rental rates, Norman requires careful market analysis. However, the strong rental housing rate demonstrates a proven, established rental market with consistent demand from students, young professionals, faculty, and families.
Average Rent by Floor Plan:
| Floor Plan Type | Average Rent | Average Sq. Ft. |
| Studio | $766/month | 509 Sq Ft |
| One Bedroom | $911/month | 663 Sq Ft |
| Two Bedrooms | $1,063/month | 952 Sq Ft |
| Three Bedrooms | $1,261/month | 1,173 Sq Ft |
Norman enjoys a humid subtropical climate with hot summers (average highs around 94°F / 34°C) and mild winters (average lows around 29°F / -2°C). The city experiences frequent weather variations with prolonged and heavy rainfall in spring that can lead to flash flooding.
Norman is subject to severe weather, including tornadoes. Homes with storm shelters command a premium and rent faster. Norman is home to the National Weather Center and NOAA’s Storm Prediction Center, making it a hub for weather research and forecasting.
180 W Brooks St, Norman, OK 73019
1000 Asp Avenue, Norman, OK 73019
120 David L Boren Blvd, Norman, OK 73072
2401 Chautauqua Ave, Norman, OK 73072
13101 Alameda Dr, Norman, OK 73026
1485 E Alameda St, Norman, OK 73071
Don't just take our word for it. Here are some success stories from hundreds of satisfied Oklahoma Landlords who have benefited from our residential property marketing service.
“I’d struggled for months to rent out my 3-bedroom apartment. After hiring OKC Home Realty the property was leased in just 10 days! Their virtual tour and social media ads made all the difference. Highly recommend!”
“Before working with OKC Home Realty, I had constant tenant turnover. Their targeted advertising and tenant screening services brought in responsible renters. My property has been occupied for 18 months straight!”
If you are dealing with high vacancy rates, chasing late rent, overwhelmed by 2 AM maintenance calls, struggling with tenant disputes, or worried about Fair Housing compliance, it’s time to outsource.
Yes. Norman is a good market because the University of Oklahoma drives constant demand. With 52.7% of the population renting, investors enjoy high occupancy and steady cash flow compared to other OKC suburbs.
Rigorous tenant screening (especially for students), competitive pricing based on the academic calendar, proactive maintenance to prevent costly repairs, and using automated rent collection platforms.
For older homes near campus, budget 12-15% of the monthly rent for maintenance. For newer homes (post-2005) in West Norman, costs are typically lower, but routine inspections are still vital to catch issues early.
You must navigate strict Fair Housing laws, Oklahoma security deposit regulations, and specific Norman city codes regarding occupancy limits (no more than 3 unrelated persons). We handle all lease auditing to keep you out of court.
Budget for 30 days of vacancy between tenants, but aim for less. In Norman, timing is everything. We market heavily online in the spring to secure leases for the August rush, often filling units before the previous tenant even moves out.
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