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Studio Apartment for Rent in Newcastle, OK

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    $2,995 Per Month

    • Studio
    • 4 Baths
    • House for Rent

    2815 SE 44th St, Norman, OK 73072

    Beautiful, well maintained office space for lease in the Norman area.Listed rate does not include certain utilities, building services and property expenses.Fully Built-Out as Professional Services Office with LOADS of storage!Space is in Excellent ConditionCentral Air and HeatingFull KitchenPrivate RestroomsWi-Fi ConnectivityHighway frontage and easily accessible

    2815 SE 44th St, Norman, OK 73072

Why Live in Newcastle

Newcastle, Oklahoma, is a rapidly growing rural suburban city located just south of Oklahoma City. This community has transformed from a quiet area into a thriving city, attracting homeowners seeking more affordable options compared to the pricier areas closer to Oklahoma City. Newcastle offers a mix of residential styles, from dense, planned communities with prairie-influenced ranch-style homes to spacious properties with over an acre of land and views of rolling cornfields. The local education system includes Newcastle Early Childhood Center, Newcastle Elementary, Newcastle Middle School, and Newcastle High School, which offers college courses in partnership with local colleges and features Gene Reid Field, a state-of-the-art football stadium. Residents enjoy various things to do, such as shopping and dining along North Main Street, visiting Veterans Park with its splash pad and farmers market, and exploring the Newcastle Marketplace. Annual events like the Red, White, and Blue Fest and the Newcastle High School Homecoming Parade foster a strong community spirit. Newcastle is conveniently located near I-44, providing easy access to Oklahoma City, Will Rogers World Airport, and Community Hospital. The upcoming Chickasaw Medical Center is expected to bring numerous jobs to the area, further contributing to the city's growth.

Frequently Asked Questions

How much does it cost to rent a home in Newcastle, OK?
The median rent for a home in Newcastle, OK is $1,650 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Newcastle, OK?
To comfortably afford the median rent in Newcastle, OK, a household needs to earn roughly $66,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,650 per month in Newcastle, OK, renters typically need to show $4,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Newcastle, OK?
In Newcastle, OK, the price-to-rent ratio is 13.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Newcastle, OK

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,650
Median Single Family Home Rent
$1,550
Median Condo Rent
$850
How to Rent a Home