Real Estate Investing in Erick, Oklahoma

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

1 ZIP codes • Population: 1,090 • Beckham County

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

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

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

📈 For Investors
STRONG
4.0 / 5 (81/100)

A balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.

⚠️ Risks to Know
3 flags
  • High vacancy: 38.0% of homes vacant — above national norms.
  • Elevated poverty: 22.1% poverty rate — can affect rent collection.
  • Lower household income: $34,926 median — tenant affordability is tighter.

What’s happening in Erick, OK?

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4.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 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 $86,791
Avg Monthly Rent $873
ZIP Codes 1

Investing in Erick Real Estate

With a sizable population and 1 ZIP codes, Erick (OK) rewards investors willing to underwrite renovation scope rather than chase turn-key comps.

Erick rewards operators, not passive buyers. The gap between distressed entry and stabilized exit is where the ★★★★☆ rating gets earned — on rehabs that close that gap.

Market velocity in Erick obscures more than it reveals — stabilized comps move at one speed, distressed inventory at another, and the gap between them is the play.

Renter-to-owner mix in Erick is 0% renters to owner-occupants, and within the renter pool there is clear segmentation by product quality that rewards renovation.

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

Real numbers from people who own or manage rentals in Erick, OK. Anonymous, moderated, never written by AI.

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Avg Home Value
$86,791
Avg Monthly Rent
$873
1% Rule
✓ Passes
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on Elk City, OK metro

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

View all metro crash risk rankings →

☀️ Warm Market — Elk City, OK metro
0
Days to pending
5.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Erick, OK

Screen every ZIP in Erick

Filter Erick’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 Erick, OK

How much does a house cost in Erick, OK?

The median home value in Erick, OK is roughly $87K. That puts it reasonable relative to the OK statewide average.

Does the 1% rule work in Erick, OK?

Yes, many Erick, OK properties clear the 1% rule. The rent-to-price ratio averages, supported by $873/mo rents.

Is Erick, OK a viable BRRRR market?

Yes - BRRRR is a strong in Erick, OK. The $87K home values and $873/mo rents anchor the refinance math.

What does house hacking look like in Erick, OK?

House hacking works an attractive in Erick, OK. Rents of $873/mo against $87K acquisition make the strategy solid for owner-occupants.

What is the investability score for Erick, OK?

With a 4.0/5 investability score, Erick, OK ranks as a solid market for rental property investors. Median prices of $87K and rents of $873/mo drive the underlying numbers.

Community Ratings

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