Commercial Real Estate Market in Oklahoma City, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,256 active listings and 17,252 off-market properties in Oklahoma City, OK. Commercial property asks $135/SF to buy and $15.00/SF/Yr to lease. Office vacancy runs 29.6%, the loosest of the segments tracked here.
Market Trends
Oklahoma City, OK spans 391.1 square miles in Oklahoma County, Oklahoma. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Oklahoma City, OK asks $17.55/SF/Yr to lease; the median asking sale price is $151/SF. Vacancy runs 29.6% in 2025, up from 10.8% in 2023.
Retail
Retail space in Oklahoma City, OK asks $14.55/SF/Yr to lease; the median asking sale price is $129/SF. Vacancy runs 8% in 2025, down from 9.1% in 2019.
Industrial
Industrial space in Oklahoma City, OK asks $8.49/SF/Yr to lease; the median asking sale price is $102/SF. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Oklahoma City, OK has a median asking sale price of $135/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Oklahoma City, OK has 695,364 residents in 316,460 households. Density runs 1,778 people per square mile. Median household income here is $63,377 and median gross rent $1,100 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Del City | $73 | $12.00 |
| Midwest City | $145 | $14.00 |
| Bethany | $116 | $11.34 |
Commercial property in Oklahoma City, OK asks $135/SF. The 3 bordering markets run from $73/SF in Del City to $145/SF in Midwest City, and the city sits above their $116/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Oklahoma City?
How much does it cost to lease commercial space in Oklahoma City?
What is the office vacancy rate in Oklahoma City?
Which property type has the lowest vacancy in Oklahoma City?
How does Oklahoma City compare to nearby markets on price?
Where does Realmo's Oklahoma City market data come from?
Methodology & data sources
- Asking prices and medians
- There are 632 active for-sale and 624 active for-lease listings in Oklahoma City, OK. The medians are based on 309 of the for-sale and 158 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- industrial vacancy is reported at South region level and multifamily vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
