Norman Property Management
Norman Property Management Company
Let us manage your rental property & make your life easy.
Call (405) 563-7557Key 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.
Full-Service Property Management in Norman
We handle the whole job for Norman rental owners: marketing and leasing, tenant screening, rent collection, maintenance, inspections, and monthly statements, with every plan backed by our owner guarantees. See exactly what’s included in our property management services and pricing.
Norman Rental Market at a Glance
| Population | 130,943 (Census estimate, July 2025) |
|---|---|
| County | Cleveland County (county seat) |
| Homes that are owner-occupied | 53.3% (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, or see rent by ZIP code across the metro.
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.
Service Area
Areas We Serve In and Around Oklahoma City
Oklahoma City
Property Management →Moore
Property Management →Norman
Property Management →Edmond
Property Management →Mustang
Property Management →Newcastle
Property Management →Yukon
Property Management →Bethany
Property Management →Warr Acres
Property Management →The Village
Property Management →Midwest City
Property Management →Del City
Property Management →Choctaw
Property Management →Tuttle
Property Management →Shawnee
Property Management →Chickasha
Property Management →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 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.