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Rental Investing in Oklahoma City, OK

2026 Market Data & Investment Analysis

Gross Yield

7.1%

Annual rent / price

Median Home Price

$195,000

As of 2026-Q1

Median Monthly Rent

$1,150

Per month

Population

681,054

+0.8% / yr (5y avg)

Calculate Your Return in Oklahoma City

Pre-filled with Oklahoma City's median values. Adjust to match your specific property.

Property Details

$

Total acquisition cost before taxes

$
$

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

7.08%

Net Rental Yield

4.49%

Cap Rate

4.49%

Monthly Cash Flow

$730.00

Annual Cash Flow

$8,760.00

> 6% — Excellent4–6% — Good< 4% — Low

Market Overview

Median Home Price — 5-Year Trend

2021
$165,000
2022
$213,000
2023
$202,000
2024
$198,000
2025
$195,000

Median Monthly Rent — 5-Year Trend

2021
$975
2022
$1,125
2023
$1,153
2024
$1,152
2025
$1,150

Oklahoma City offers significantly above-average rental yields of 7.1%, making it an attractive market for income-focused investors.

Modest population growth of 0.8% per year indicates a stable but slowly growing rental market.

The vacancy rate of 6.9% is healthy, indicating strong rental demand and limited downtime between tenants.

Investment Profile

Cash Flow Market

Oklahoma City is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.

✓ Strengths

  • •High gross yield of 7.1% supports strong monthly cash flow
  • •Lower entry prices relative to rents reduce upfront capital needed
  • •Income-driven returns are less dependent on market timing

! Risks

  • •Limited price appreciation potential reduces total return
  • •Modest population growth limits long-term demand growth

Key Metrics

Gross Yield7.1%
Median Home Price$195,000
Median Monthly Rent$1,150
Population Growth+0.8% / yr
Vacancy Rate6.9%

How Oklahoma City Compares

Oklahoma City vs Dallas: 1.3 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Dallas, TX$350,000$1,7005.8%+1.6%
Kansas City, MO$220,000$1,2506.8%+0.5%
San Antonio, TX$260,000$1,4006.5%+1.5%
Omaha, NE$240,000$1,3006.5%+0.6%
Houston, TX$285,000$1,5006.3%+1.2%

Frequently Asked Questions

Is rental investing profitable in Oklahoma City?▾
Yes, Oklahoma City offers a gross rental yield of 7.1%, which is above the national average of around 5–6%. With a median home price of $195,000 and median monthly rent of $1,150, the numbers support profitable rental investing — though your specific results depend on financing terms, expenses, and property management.
What is the average rental yield in Oklahoma City?▾
The average gross rental yield in Oklahoma City is approximately 7.1%, based on a median home price of $195,000 and median monthly rent of $1,150 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Oklahoma City compare to Dallas for investors?▾
Oklahoma City has a gross yield of 7.1% compared to 5.8% in Dallas, a difference of 1.3 percentage points. Oklahoma City offers higher current income potential, making it more attractive for cash flow-focused investors.

Ready to Analyse a Specific Property in Oklahoma City?

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Compare with nearby cities:

Dallas, TXKansas City, MOSan Antonio, TXOmaha, NE

Data source: Zillow Research / U.S. Census Bureau. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.