Real Estate Investing in Delaware, Oklahoma

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

1 ZIP codes • Population: 848 • Nowata County

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

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

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: 18.3% of homes vacant — above national norms.

What’s happening in Delaware, OK?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.5% 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 $228,751
Avg Monthly Rent $846
ZIP Codes 1

Investing in Delaware Real Estate

Across Delaware's 1 ZIPs, the picture is soft: $229K median values, $846/mo rents, and a population that has faced real economic pressure.

decisively Delaware's aggregate rating of ★★★☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Delaware at $846/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Delaware a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$228,751
Avg Monthly Rent
$846
1% Rule
✗ Below
Landlord Friendly (OK)

ZIP Codes in Delaware, OK

Screen every ZIP in Delaware

Filter Delaware’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 Delaware, OK

Is vacancy a concern in Delaware, OK?

Expect elevated vacancy in Delaware, OK. Rents at $846/mo are absorbed by the tenant base without meaningful lag.

Are homes affordable in Delaware, OK?

Delaware, OK home values average about $229K. That price point suits investors targeting rentals with $846/mo in monthly income.

Are rents high in Delaware, OK?

Rents in Delaware, OK run near $846/mo. Compared with median home prices of $229K that produces solid gross yields for typical rentals.

How do landlord-tenant laws work in Delaware, OK?

OK law landlord-friendly for landlords, and Delaware inherits those rules. Investors should still review local ordinances for rental licensing.

Is Delaware, OK a good place for real estate investing?

Delaware, OK reflects an investability rating of 3.0/5, with median home values near $229K and average rents around $846/mo. That combination puts it in the durable tier for investor interest.

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