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Rental property in Tulsa, OK

2026 Market Data & Investment Analysis

Gross Yield

6.9%

Annual rent / price

Median Home Price

$190,000

As of 2026-Q1

Median Monthly Rent

$1,100

Per month

Population

413,066

+0.3% / yr (5y avg)

Estimates based on median market data. Actual returns depend on your specific property. Source: Redfin / Zillow / U.S. Census Bureau, 2026-Q1.

Calculate your rental yield in Tulsa

Pre-filled with Tulsa'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

6.95%

Net Rental Yield

4.34%

Cap Rate

4.34%

Monthly Cash Flow

$686.67

Annual Cash Flow

$8,240.00

> 6% — Excellent4–6% — Good< 4% — Low

Tulsa rental market at a glance

Median Home Price — 5-Year Trend

2021
$160,000
2022
$210,000
2023
$200,000
2024
$195,000
2025
$190,000

Median Monthly Rent — 5-Year Trend

2021
$900
2022
$1,020
2023
$1,070
2024
$1,090
2025
$1,100

Tulsa provides solid rental yields of 6.9%, in line with healthy investment market benchmarks.

Modest population growth of 0.3% per year indicates a stable but slowly growing rental market.

The vacancy rate of 7% is healthy, indicating strong rental demand and limited downtime between tenants.

What type of investment market is Tulsa?

Cash Flow Market

Tulsa 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 6.9% 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 Yield6.9%
Median Home Price$190,000
Median Monthly Rent$1,100
Population Growth+0.3% / yr
Vacancy Rate7%

How does Tulsa compare to nearby cities?

Tulsa vs Oklahoma City: 0.2 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Oklahoma City, OK$195,000$1,1507.1%+0.8%
Kansas City, MO$220,000$1,2506.8%+0.5%
Fort Worth, TX$310,000$1,5506%+2%
Dallas, TX$350,000$1,7005.8%+1.6%
Memphis, TN$180,000$1,1007.3%-0.2%

Common questions about investing in Tulsa

Is rental investing profitable in Tulsa?
Yes, Tulsa offers a gross rental yield of 6.9%, which is above the national average of around 5–6%. With a median home price of $190,000 and median monthly rent of $1,100, 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 Tulsa?
The average gross rental yield in Tulsa is approximately 6.9%, based on a median home price of $190,000 and median monthly rent of $1,100 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Tulsa compare to Oklahoma City for investors?
Tulsa has a gross yield of 6.9% compared to 7.1% in Oklahoma City, a difference of 0.2 percentage points. Oklahoma City offers higher current yield. Tulsa may compensate through other market characteristics.

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