Real Estate Investing in Indianola, Oklahoma

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

1 ZIP codes • Population: 721 • Pittsburg County

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

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: 15.3% of homes vacant — above national norms.

What’s happening in Indianola, OK?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.1% 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 $206,659
Avg Monthly Rent $909
ZIP Codes 1

Investing in Indianola Real Estate

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

Across Indianola's 1 ZIPs, fundamentals run underwhelming: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Market conditions in Indianola are subdued. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Indianola's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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 McAlester, OK

Indianola 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
$206,659
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on McAlester, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
69%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — McAlester, OK metro
0
Days to pending
6.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Indianola, OK

Screen every ZIP in Indianola

Filter Indianola’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 Indianola, OK

How deep is the rental pool in Indianola, OK?

The tenant pool in Indianola, OK is solid, supported by local employment and population fundamentals. Rents of $909/mo are well-absorbed by the market.

Is Indianola, OK a good market for buy-and-hold investors?

Investors tracking Indianola, OK will find a 3.0/5 rating supported by $207K median home values and $909/mo rents. That profile suits long-term holders targeting measured returns.

Is house hacking profitable in Indianola, OK?

House hacking works a challenging in Indianola, OK. Rents of $909/mo against $207K acquisition make the strategy solid for owner-occupants.

What do landlords charge for rent in Indianola, OK?

Rent in Indianola, OK is around $909/mo. The resulting rent-to-value relationship with $207K pricing is reasonable for most investor models.

Is Indianola, OK good for landlords?

Indianola, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

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