Apartments

As of Census 2015, 54.9 percent of occupied housing units in Lawton were renter-occupied. The rental vacancy rate as of the 2013 American Community Survey (ACS) was 14 percent. According to the ACS, the largest number of occupied rental units in Lawton in 2013 rented between $500 and $749 per month (rent plus utilities) accounting for 35.1 percent of all rentals. Units renting for $750 to $999 accounted for 32.9 percent. More than 46 percent of renters in Lawton in 2013 paid 30 percent of their income or more for rental expenses (rent plus utilities) suggesting a considerable demand for affordable rental housing in the city. Thirty percent of gross income is a common threshold above which housing costs are considered to be not affordable.

Taken from the 2014 Lawton Fort Sill Economic Review