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City · 49,269 residents · Payne County, Oklahoma

Stillwater , Oklahoma

In Stillwater, a typical home is worth $237,200 and typical rent is $947 a month. Compared with all of Payne County, typical household income is 12% lower, the typical home value is 6% higher, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $237,200

    6% above the county

    19% above Oklahoma

    • Stillwater
    • Payne
    • Oklahoma

  • Typical rent

    $947a month

    3% above the county

    7% below Oklahoma

    • Stillwater
    • Payne
    • Oklahoma

  • Typical household income

    $43,700a year

    12% below the county

    33% below Oklahoma

    • Stillwater
    • Payne
    • Oklahoma

  • Households that own their home

    37%

    14 points below the county

    29 points below Oklahoma

    • Stillwater
    • Payne
    • Oklahoma

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

Market now, with Zillow data

Zillow data
Typical home value
$267,261
4.4% more than 12 months ago
Typical rent
$1,358 a month
6.2% more than 12 months ago

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

Stillwater is in Payne 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 Payne County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Stillwater apart

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

  1. Stillwater has the lowest homeownership rate of the 75 cities in Oklahoma with more than 5,000 people: 37%.

  2. Stillwater has the 2nd largest share of rent-burdened renters of the 70 cities in Oklahoma with more than 5,000 people (60%).

  3. Nearby, in Cushing, the typical home value is $114,500: 52% less than in Stillwater ($237,200).

  4. Nearby, in Cushing, the typical rent is $798: 16% less than in Stillwater ($947).

  5. Stillwater has the 6th lowest typical household income of the 75 cities in Oklahoma with more than 5,000 people ($43,700).

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

The homes here

Housing in Stillwater

What homes there are in Stillwater, 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 are the majority in Stillwater (51%), but less so than in Payne County (62%).

Year built

By age, homes in Stillwater look like those in Payne County: the typical year built is 1984.

Homes in Stillwater are smaller: 54% have 3 bedrooms or more; in Payne County, 60%.

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

By price, most homes in Stillwater sit under the FHA limit for Payne County ($541,287): about 94%.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Payne County is $1,010: about 56% of rents in Stillwater are below it.

With a mortgage

$1,864 a month

Payne County: $1,706 a month

Without a mortgage

$630 a month

Payne County: $556 a month

Owners with a mortgage

62%

Payne County: 56%

In Stillwater, 62% of owners have a mortgage, and their typical cost is $1,864 a month, against $1,706 in Payne County. Without one it drops to $630.

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

From 2015–2019 to 2020–2024, the typical home value in Stillwater rose 28%; in Payne County, it rose 38%.

Much as in Payne County, the typical rent in Stillwater rose 14% since 2015–2019.

While home values in Stillwater changed +28% and rent +14%, the typical household income rose 27%.

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

MeasureStillwaterPayne CountyOklahomaUnited States
Rental vacancy 8.8%8.3%6.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.2%0.9%
More than one person per room 3.0%2.9%2.9%3.4%
People per household 2.052.252.502.53
Drive alone 69%72%77%69%
Carpool 8%10%10%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike 10%7%2%3%
Work from home 10%9%9%15%
Other means 3%2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutesUnreliable estimate20 to 29 minutes

Much as in Payne County, the rental vacancy rate in Stillwater is 8.8%.

Much as in Payne County, 3.0% of households in Stillwater have more than one person per room.

On average, a household in Stillwater has 2.05 people, fewer than in Payne County (2.25).

In Stillwater, 69% of workers drive alone to work; in Payne County, 72%.

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 Stillwater?

A typical home costs more than the typical income allows

We start with a typical home in Stillwater, worth $237,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 54% of the typical household income in Stillwater, which is $43,700 a year. For that payment to be 28% of income, a household would need to earn about $84,229 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Stillwater. 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 $8,302 (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

$1,965

at 7.18% · 30 years

Loan amount
$232,904
Total interest
$335,094
Paid off in
November 2056

Includes $4,006 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,020 a month

  • Tight

    $1,020 to $1,311 a month

  • Hard

    more than $1,311 a month

    Your payment · 54%

Compared with the typical household income in Stillwater ($43,700 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,965
Principal & interest$1,578
Property tax$184
Home insurance$99
FHA mortgage insurance (MIP)$105

You need at least $8,302 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

Stillwater and Payne County

Stillwater is in Payne 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).

Stillwater's own numbers

Typical home value
$237,200
Typical monthly rent
$947
Typical yearly household income
$43,700
Households that own their home
37%
Effective property tax rate
0.93%

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

Numbers for all of Payne County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,010
Price change over 5 years (FHFA)
+47%
Homes in a high flood-risk zone
1.8%

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 Payne County.

Everything about Payne County

Buying

Buying a home in Stillwater

A typical home in Stillwater is worth $237,200: 6% above the county and 19% above Oklahoma. With the typical household income in Stillwater ($43,700 a year), a typical home costs 5.4 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.

  • Stillwater 5.4 years
  • Payne 4.5 years
  • Oklahoma 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Payne County

According to FHFA’s house price index, home prices in Payne County rose 71% in the 10 years through 2025.

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

Period County Oklahoma U.S.
Last year (2025) +5.7% +2.6% +2.9%
5 years (2020–2025) +47% +46% +47%
10 years (2015–2025) +71% +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

Stillwater next to Payne 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
  • Stillwater $237,200
  • Payne $223,300
  • Oklahoma $199,800
  • United States $332,700
Typical monthly rent
  • Stillwater $947
  • Payne $917
  • Oklahoma $1,014
  • United States $1,413
Typical yearly household income
  • Stillwater $43,700
  • Payne $49,809
  • Oklahoma $65,039
  • United States $80,734
See the full table
Stillwater next to Payne County and Oklahoma
Measure Stillwater Payne County Oklahoma U.S.
Typical home value $237,200 $223,300 $199,800 $332,700
Typical monthly rent $947 $917 $1,014 $1,413
Typical yearly household income $43,700 $49,809 $65,039 $80,734
Households that own their home 37% 51% 66% 65%
Typical yearly property tax $2,207 $1,903 $1,599 $3,119
Effective property tax rate 0.93% 0.85% 0.8% 0.94%
Renters with high rent for their income 60% 57% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Payne 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 Stillwater

For a typical $237,200 home in Stillwater, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Stillwater's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,965a month

    Least cash to close
    Down payment
    $8,302
    Cash to close
    $15,418
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $105

  • Conventional, 5% down $1,922a month

    Down payment
    $11,860
    Cash to close
    $18,976
    Rate
    7.18%
    Mortgage insurance
    PMI · $113

  • Conventional, 20% down, no PMI $1,568a month

    Down payment
    $47,440
    Cash to close
    $54,556
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,787a month

    Down payment
    $35,580
    Cash to close
    $42,696
    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 Stillwater and for Payne County.

Property tax

Effective rate in Stillwater

0.93%of the home’s value each year

$2,207 a year for the typical owner in Stillwater.

  • Stillwater 0.93%
  • Payne 0.85%
  • 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 Payne County

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

Homes in the high-risk zone
1.8%
478
Of those, with NFIP insurance
15%
County Oklahoma U.S.
Homes in the high-risk zone 1.8% 2.2% 3.5%
Of those, with NFIP insurance 15% 13% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Stillwater

Typical rent in Stillwater is $947 a month: 3% above the county. In Stillwater, 60% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Payne County, by unit size. To pay the 2-bedroom one ($1,010 a month) without spending more than 30% of your income, you would need to earn $19.42 an hour working full time.

HUD fair market rent for all of Payne 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 $799 $15.37 $31,960
1 bedroom $829 $15.94 $33,160
2 bedrooms $1,010 $19.42 $40,400
3 bedrooms $1,399 $26.90 $55,960
4 bedrooms $1,468 $28.23 $58,720

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 Stillwater

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Stillwater has 4 ZIP codes with their own.

For 2 bedrooms it runs from $1,080 in 74075 to $1,130 in 74074.

4 of the 4 are above the fair market rent for Payne County ($1,010).

  • 74074 $1,130$1,560
  • 74075 $1,080$1,490
  • 74077 $1,100$1,520
  • 74078 $1,110$1,530

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Stillwater 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 Stillwater

HUD lists 11 buildings with rents for lower incomes in Stillwater. These are the largest.

  • Roxie Weber Plaza 807 S Lowry St, Stillwater 74074 135 low-income homes · Run by Housing Authority of the City of Stillwater · Average payment: $374 a month · Average wait: 20 months (405) 372-4906
  • Whispering Hills Apts 3102 S Main St, Stillwater 74074 85 low-income homes · Studio: 6 · 1 bd: 20 · 2 bd: 24 · 3 bd: 28 · 4 bd: 7 · In service since 2007 · For families (405) 377-9141
  • Mockingbird Estates 3020 E 6th Ave, Stillwater 74074 72 low-income homes · 1 bd: 32 · 2 bd: 40 · In service since 2019
  • Boomer Creek Apts 320 E McElroy Rd, Stillwater 74075 64 low-income homes · In service since 2005 · For families
  • Legacy Park Apts 498 E Virginia Ave, Stillwater 74075 60 low-income homes · In service since 2005 · For older adults

See all 28 buildings in Payne County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Stillwater

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 Payne County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Stillwater

No down payment, repair or rent-help program on our list is for Stillwater or Payne County. The ones below are statewide in Oklahoma: they work in Stillwater 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 Stillwater

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

  • Neighborhood Housing Services Oklahoma City

    4101 N Classen Blvd Ste A, Oklahoma City · 50 miles away · Spanish

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

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

    319 SW 25th St, Oklahoma City · 54 miles away

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

  • Tulsa Habitat for Humanity

    6235 E 13th St, Tulsa · 65 miles away

    • Budget and credit workshops
    • Workshops for new owners
    • and 2 more
    918-592-4224x107

All counseling agencies in Oklahoma

Help in Spanish near Stillwater

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 Stillwater

HUD’s record names them for Stillwater or Payne County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Stillwater Public housing and Section 8 vouchers (405) 372-4906

2 other authorities have an office in Payne County: see the list Source: HUD

Cities

Other cities in Payne County

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

Everything about Payne County Housing in Oklahoma

Nearby cities

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

Neighboring counties

If Payne 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 Stillwater.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Stillwater

Short answers with the numbers for Stillwater and all of Payne 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 Stillwater?

The typical home value in Stillwater is $237,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Payne County it is $223,300.

How much does it cost to rent in Stillwater?

Typical rent in Stillwater is $947 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Payne County is $1,010.

What is the FHA loan limit in Stillwater?

Stillwater uses the FHA limit for all of Payne 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 Stillwater?

The typical homeowner in Stillwater pays $2,207 a year, according to the U.S. Census Bureau. That is 0.93% of the home’s value; in Payne County, the rate is 0.85%.

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

We found no HUD-approved counseling agencies with an office in Payne 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).