Norman Property Management

Norman Property Management Company

Let us manage your rental property & make your life easy.

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Call (405) 563-7557

Key Takeaways

  • Affordable property prices and proximity to OKC make Norman ideal for new and seasoned property owners.
  • Quality schools and a small-town atmosphere attract long-term renters who value community and stability.
  • Partnering with 1907 Property Management ensures your Norman property is well-maintained, compliant, and profitable.

Welcome to 1907 Property Management, your trusted partner for residential property management services in Norman, Oklahoma. Norman offers a growing real estate market with strong rental demand, and our team has the tools and local experience to help you thrive in it.

Our Norman Property Management Services

Property Marketing & Leasing

Vacancies cost money, so our Norman property management team acts fast to market your property as soon as it becomes available — professional photography, compelling listings, and strategic advertising on major rental platforms to find qualified renters quickly.

Tenant Screening & Placement

We believe great tenants make great rental properties. Our rigorous screening process includes background checks, credit history, employment verification, and rental history to place responsible tenants who pay on time and treat your property with care.

Rent Collection & Accounting

Collecting rent on time is essential to a profitable property. We make it easy with secure online payment options, automated reminders, and firm-but-fair lease enforcement, backed by detailed monthly and annual financial reports.

Maintenance & Repairs

Routine maintenance and prompt repairs are critical to resident satisfaction and property preservation. Our in-house team and network of vetted vendors ensure quality service at competitive prices, with 24/7 online maintenance requests.

Property Inspections

Regular inspections help us catch potential issues early. We conduct move-in, move-out, and periodic inspections with detailed documentation and photos, keeping you informed every step of the way.

Legal Compliance & Evictions

Navigating landlord-tenant law can be tricky. We stay current on Oklahoma regulations, Fair Housing laws, and eviction procedures to keep our clients compliant, handling evictions professionally on the rare occasion they're necessary.

Owner & Tenant Portals

Our online portals simplify communication. Owners access real-time financials, property updates, and inspection reports, while tenants pay rent, request maintenance, and view lease documents — all in one place.

Norman Rental Market at a Glance

Population130,943 (Census estimate, July 2025)
CountyCleveland County (county seat)
Homes that are owner-occupied53.3% (Census, 2020–2024)
Median gross rent, all unit sizes$1,090 (Census, 2020–2024)
HUD fair market rent, 3-bedroom (FY2027)$1,670 (73069), $1,730 (73071), $1,790 (73072), $1,650 (73026)
Median 3-bedroom rent we're leasing in Norman$1,480 a month (October 2026)

Sources: U.S. Census Bureau QuickFacts; HUD FY2027 Small Area Fair Market Rents, which every Housing Choice Voucher program in the Oklahoma City metro uses; 1907 Property Management lease data. For your home, get a free rent estimate.

Where We Manage in Norman

Norman sits on I-35 about 20 miles south of downtown Oklahoma City, home to the University of Oklahoma's main campus. We manage rentals throughout the city, including:

  • Campus Corner and the neighborhoods around the OU campus
  • Downtown Norman and Main Street
  • The Chautauqua, Miller, and Southridge historic districts
  • University North Park (I-35 and Robinson)
  • East Norman toward Lake Thunderbird

School districts

  • Norman Public Schools — serves most of the city
  • Noble, Little Axe, Moore, and other districts — cover parts of Norman's large, mostly rural east side

What drives rental demand

  • The University of Oklahoma, the city's largest employer, with 28,000+ students
  • Norman Regional Health System
  • The National Weather Center and NOAA on the OU research campus
  • Johnson Controls (York) manufacturing

What Norman Rental Owners Should Know

  • Renting your home short-term (Airbnb-style) in Norman requires an annual city short-term rental license and inspection, and the city's hotel/motel tax applies. Source.
  • Adding a storm shelter or safe room requires a city permit, and Norman keeps a voluntary storm shelter registry. A shelter is a real selling point to renters here. Source.
  • Norman's leasing season is concentrated in summer: nearly 9 in 10 of the Norman leases we started in 2026 began between June and August, ahead of OU's fall semester.

About Norman, Oklahoma

Norman, Oklahoma, offers a compelling case for investment, blending economic growth, educational excellence, and a vibrant community. As the third-largest city in the state, Norman presents diverse opportunities for property owners seeking long-term returns.

Norman's economy is anchored by the University of Oklahoma, a major employer and research hub, with over 93% of residents holding a high school diploma and nearly 52% a bachelor's degree or higher. The National Weather Center, a collaboration between the University and NOAA, underscores Norman's role in scientific research and innovation.

Norman's strategic location enhances its appeal, with proximity to Will Rogers World Airport and OU's Max Westheimer Airport. The infrastructure and real estate market supports a growing population, with over 10,800 new single-family homes and 6,100 multi-family units built since 2000.

Norman's cultural scene — including the Norman Music Festival and Jazz in June — generates over $36 million in economic activity and supports nearly 600 jobs, adding to a strong sense of civic pride that makes Norman an exceptional place to invest.

Norman Property Management FAQs

Do you manage rental properties in Norman?

Yes — 1907 Property Management provides full-service residential property management in Norman, OK, as well as across the Oklahoma City metro.

What services are included?

Marketing and leasing, tenant screening, rent collection, maintenance coordination, property inspections, legal compliance, and 24/7 owner and tenant portals — see our full property management services.

How much does property management cost?

Plans start at $79 plus 2.9% of monthly rent. See our pricing page for a full breakdown of the Bronze, Silver, and Gold tiers.

What does a 3-bedroom house rent for in Norman?

The median rent for the three-bedroom homes we lease in Norman was $1,480 a month in October 2026. HUD's FY2027 fair market rent for a 3-bedroom ranges from $1,650 to $1,790 depending on ZIP code. For your specific home, get a free rent estimate.

Which school districts serve Norman rentals?

Most of Norman is in Norman Public Schools. Parts of the large, mostly rural east side fall in other districts, including Noble and Little Axe, so confirm the district for a specific address before marketing it.

Do I need a permit to rent my Norman home short-term?

Yes. Norman requires an annual short-term rental license and inspection for stays under 30 days, plus the city's hotel/motel tax. We're not aware of a separate city license for standard long-term leases, but confirm current rules with the City of Norman.

Find Out What Your Norman Rental Could Earn

Get a free rent estimate for your Norman property in under a minute, then book a free consultation to see how our local team would manage it.

or call (405) 563-7557
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