Real Estate Investing in Ames, Oklahoma

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 449 • Major County

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Should you buy in Ames, OK? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.4% of homes vacant — above national norms.

What’s happening in Ames, OK?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $174,553
Avg Monthly Rent $936
ZIP Codes 1

Investing in Ames Real Estate

With a sizable population across 1 ZIPs, Ames shows the kind of modest fundamentals that keep most out-of-state capital on the sidelines.

The investment case for Ames is difficult to make on screen data alone. a challenging fit for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

decisively Ames's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

The 0% renter share in Ames masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Enid, OK

Ames is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$174,553
Avg Monthly Rent
$936
1% Rule
✗ Below
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on Enid, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
62%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Enid, OK metro
0
Days to pending
10.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Ames, OK

Screen every ZIP in Ames

Filter Ames’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Ames, OK

Is Ames, OK better for rentals, flips, or BRRRR?

For Ames, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Do landlords face vacancy issues in Ames, OK?

Rental vacancy in Ames, OK is elevated. Investors should budget normal turnover but not chronic empty units.

What is the investability score for Ames, OK?

Yes - Ames, OK a 3.0/5 investability score. With $175K home prices against $936/mo monthly rent, the market delivers a reasonable entry point for new investors.

Can I live-in-and-rent in Ames, OK?

The house hack math a challenging in Ames, OK. Owner-occupant buyers benefit from the $936/mo rents and $175K home values.

Is housing expensive in Ames, OK?

Ames, OK median home values land near $175K. That is reasonable territory for investors looking at $936/mo-per-month rentals.

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