Real Estate Investing in Lamar, Oklahoma

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

1 ZIP codes • Population: 262 • Hughes County

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

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

📈 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: 28.0% of homes vacant — above national norms.

What’s happening in Lamar, OK?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 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 $187,031
Avg Monthly Rent $981
ZIP Codes 1

Investing in Lamar Real Estate

Lamar in Oklahoma is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Lamar is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Lamar are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Oklahoma.

The 0% renter share in Lamar 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 McAlester, OK

Lamar 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
$187,031
Avg Monthly Rent
$981
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 Lamar, OK

Screen every ZIP in Lamar

Filter Lamar’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 Lamar, OK

What is the investability score for Lamar, OK?

Yes - Lamar, OK a 3.0/5 investability score. With $187K home prices against $981/mo monthly rent, the market delivers a reasonable entry point for new investors.

Does a duplex house hack pencil in Lamar, OK?

The a challenging house-hack environment in Lamar, OK reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Are there empty rentals in Lamar, OK?

Lamar, OK sees elevated vacancy, which is reasonable relative to the broader OK rental market.

How should investors approach Lamar, OK?

In Lamar, OK the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $187K prices and $981/mo rents suits that approach.

Are rents high in Lamar, OK?

Rents in Lamar, OK run near $981/mo. Compared with median home prices of $187K that produces solid gross yields for typical rentals.

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