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City · 13,001 residents · McClain County, Oklahoma

Newcastle , Oklahoma

In Newcastle, a typical home is worth $271,800 and typical rent is $1,105 a month. Compared with all of McClain County, typical rent is 16% higher and typical household income is 10% higher.

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  • Typical home value

    $271,800

    6% above the county

    36% above Oklahoma

    • Newcastle
    • McClain
    • Oklahoma

  • Typical rent

    $1,105a month

    16% above the county

    9% above Oklahoma

    • Newcastle
    • McClain
    • Oklahoma

  • Typical household income

    $93,398a year

    10% above the county

    44% above Oklahoma

    • Newcastle
    • McClain
    • Oklahoma

  • Households that own their home

    84%

    4 points above the county

    18 points above Oklahoma

    • Newcastle
    • McClain
    • Oklahoma

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$291,936
about the same as 12 months ago
Typical rent
$1,544 a month
1.1% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Newcastle is in McClain County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of McClain County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Newcastle apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Moore, the typical home value is $204,500: 25% less than in Newcastle ($271,800).

  2. Newcastle has the 5th highest homeownership rate of the 75 cities in Oklahoma with more than 5,000 people (84%).

  3. The typical rent in Newcastle is $1,105 a month, 16% more than in McClain County as a whole ($954).

  4. Newcastle has the 7th highest typical household income of the 75 cities in Oklahoma with more than 5,000 people ($93,398).

  5. Newcastle has the 7th highest typical home value of the 75 cities in Oklahoma with more than 5,000 people ($271,800).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Newcastle

What homes there are in Newcastle, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 88% of homes here, against 83% in McClain County.

Year built

Homes in Newcastle are newer: the typical year built is 2002; in McClain County, 1997.

There is more room for a big family here: 86% of homes have 3 bedrooms or more, against 79% in McClain County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,862 a month

McClain County: $1,802 a month

Without a mortgage

$659 a month

McClain County: $580 a month

Owners with a mortgage

66%

McClain County: 61%

The typical cost for an owner with a mortgage in Newcastle is $1,862 a month, near the figure in McClain County ($1,802).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Newcastle rose 37% since 2015–2019, less than in McClain County (44%).

Rents in Newcastle rose faster than in McClain County: 44% since 2015–2019, against 22%.

The typical household income in Newcastle rose 15%: less than home values (+37%) and rent (+44%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNewcastleMcClain CountyOklahomaUnited States
Rental vacancy Unreliable estimate3.3%6.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.2%0.9%
More than one person per room Unreliable estimate2.1%2.9%3.4%
People per household 2.672.742.502.53
Drive alone 82%80%77%69%
Carpool 7%8%10%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 11%10%9%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 20 to 29 minutes20 to 29 minutesUnreliable estimate20 to 29 minutes

Much as in McClain County, a household in Newcastle has 2.67 people on average.

The car rules in Newcastle: 82% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Newcastle?

A typical home is tight for the typical income

We start with a typical home in Newcastle, worth $271,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Newcastle, which is $93,398 a year. For that payment to be 28% of income, a household would need to earn about $96,418 a year.

The calculator's FHA and conventional loan limits are those of all of McClain County.

Your numbers

Local data
$

Starts at the typical home value in Newcastle. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,513 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,250

at 7.18% · 30 years

Loan amount
$266,877
Total interest
$383,973
Paid off in
November 2056

Includes $4,590 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,179 a month

  • Tight

    $2,179 to $2,802 a month

    Your payment · 29%

  • Hard

    more than $2,802 a month

Compared with the typical household income in Newcastle ($93,398 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,250
Principal & interest$1,808
Property tax$208
Home insurance$113
FHA mortgage insurance (MIP)$120

You need at least $9,513 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Newcastle and McClain County

Newcastle is in McClain County, Oklahoma. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Newcastle's own numbers

Typical home value
$271,800
Typical monthly rent
$1,105
Typical yearly household income
$93,398
Households that own their home
84%
Effective property tax rate
0.92%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of McClain County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,264
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of McClain County.

Everything about McClain County

Buying

Buying a home in Newcastle

A typical home in Newcastle is worth $271,800: 6% above the county and 36% above Oklahoma. With the typical household income in Newcastle ($93,398 a year), a typical home costs 2.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Newcastle 2.9 years
  • McClain 3.0 years
  • Oklahoma 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in McClain County

According to FHFA’s house price index, home prices in McClain County rose 72% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of McClain County.

Period County Oklahoma U.S.
Last year (2025) +0.3% +2.6% +2.9%
5 years (2020–2025) +48% +46% +47%
10 years (2015–2025) +72% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Newcastle next to McClain County, Oklahoma and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Newcastle $271,800
  • McClain $255,900
  • Oklahoma $199,800
  • United States $332,700
Typical monthly rent
  • Newcastle $1,105
  • McClain $954
  • Oklahoma $1,014
  • United States $1,413
Typical yearly household income
  • Newcastle $93,398
  • McClain $84,552
  • Oklahoma $65,039
  • United States $80,734
See the full table
Newcastle next to McClain County and Oklahoma
Measure Newcastle McClain County Oklahoma U.S.
Typical home value $271,800 $255,900 $199,800 $332,700
Typical monthly rent $1,105 $954 $1,014 $1,413
Typical yearly household income $93,398 $84,552 $65,039 $80,734
Households that own their home 84% 79% 66% 65%
Typical yearly property tax $2,502 $2,023 $1,599 $3,119
Effective property tax rate 0.92% 0.79% 0.8% 0.94%
Renters with high rent for their income 50% 50% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below McClain County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Newcastle

For a typical $271,800 home in Newcastle, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Newcastle's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,250a month

    Least cash to close
    Down payment
    $9,513
    Cash to close
    $17,667
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $120

  • Conventional, 5% down $2,200a month

    Down payment
    $13,590
    Cash to close
    $21,744
    Rate
    7.18%
    Mortgage insurance
    PMI · $129

  • Conventional, 20% down, no PMI $1,795a month

    Down payment
    $54,360
    Cash to close
    $62,514
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,046a month

    Down payment
    $40,770
    Cash to close
    $48,924
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Newcastle and for McClain County.

Property tax

Effective rate in Newcastle

0.92%of the home’s value each year

$2,502 a year for the typical owner in Newcastle.

  • Newcastle 0.92%
  • McClain 0.79%
  • Oklahoma 0.8%

What Oklahoma publishes Homestead exemption of $1,000 of assessed value (Oklahoma Legislature (Oklahoma Statutes, Title 68))

Exemptions and deadlines in Oklahoma

Flood risk in McClain County

FEMA does not publish these numbers by city: they are for all of McClain County.

Homes in the high-risk zone
4%
687
Of those, with NFIP insurance
4.2%
County Oklahoma U.S.
Homes in the high-risk zone 4% 2.2% 3.5%
Of those, with NFIP insurance 4.2% 13% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Newcastle

Typical rent in Newcastle is $1,105 a month: 16% above the county. In Newcastle, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of McClain County, by unit size. To pay the 2-bedroom one ($1,264 a month) without spending more than 30% of your income, you would need to earn $24.31 an hour working full time.

HUD fair market rent for all of McClain County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $958 $18.42 $38,320
1 bedroom $1,040 $20.00 $41,600
2 bedrooms $1,264 $24.31 $50,560
3 bedrooms $1,713 $32.94 $68,520
4 bedrooms $1,923 $36.98 $76,920

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Newcastle

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Newcastle is in ZIP code 73065.

For 2 bedrooms it is $1,150: $114 less than the fair market rent for McClain County ($1,264).

  • 73065 $1,150$1,560

A ZIP code counts for Newcastle when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Newcastle

HUD lists 2 buildings with rents for lower incomes in Newcastle. These are the largest.

  • Cottage Park Newcastle 567 N Walker Dr, Newcastle 73065 40 low-income homes · 1 bd: 12 · 2 bd: 28 · In service since 2012 · For older adults
  • Prairie View Apts 201 Stan Patty Blvd, Newcastle 73065 58 homes

See all 5 buildings in McClain County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Newcastle

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in McClain County. The nearest ones are below; many serve by phone or online.

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Newcastle

No down payment, repair or rent-help program on our list is for Newcastle or McClain County. The ones below are statewide in Oklahoma: they work in Newcastle the same as in the rest of the state.

Which programs do I qualify for? All programs in Oklahoma

  • OHFA Homebuyer Down Payment Assistance

    Statewide in Oklahoma

    Oklahoma state agency help of 3.5% of the loan for the down payment and closing costs, as a second lien with no interest and no installments, repaid when you pay off the loan, refinance or leave the home. Offered by Oklahoma Housing Finance Agency (OHFA).

    Deferred

    See the program Official page

Housing counselors near Newcastle

The HUD-approved agencies closest to the center of Newcastle, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Action Agency of Oklahoma City and Oklahoma/Canadian Counties, Inc.

    319 SW 25th St, Oklahoma City · 14 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (405) 232-0199

  • Neighborhood Housing Services Oklahoma City

    4101 N Classen Blvd Ste A, Oklahoma City · 19 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (405) 231-4663

  • Chickasaw Nation Division of Housing

    111 Rosedale Rd, Ada · 60 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (580) 421-8817

All counseling agencies in Oklahoma

Help in Spanish near Newcastle

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Newcastle

HUD lists no housing authority with an office in McClain County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Oklahoma Source: HUD

Cities

Other cities in McClain County

These cities are also in McClain County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about McClain County Housing in Oklahoma

Nearby cities

The cities closest to Newcastle, with the typical home value.

Neighboring counties

If McClain County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Newcastle.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Newcastle

Short answers with the numbers for Newcastle and all of McClain County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Newcastle?

The typical home value in Newcastle is $271,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in McClain County it is $255,900.

How much does it cost to rent in Newcastle?

Typical rent in Newcastle is $1,105 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in McClain County is $1,264.

What is the FHA loan limit in Newcastle?

Newcastle uses the FHA limit for all of McClain County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Newcastle?

The typical homeowner in Newcastle pays $2,502 a year, according to the U.S. Census Bureau. That is 0.92% of the home’s value; in McClain County, the rate is 0.79%.

Where can I find free help to buy or rent in Newcastle?

We found no HUD-approved counseling agencies with an office in McClain County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).