Real Estate Investing in McAlester, Oklahoma

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

1 ZIP codes • Population: 28,687 • Pittsburg County

☆ Watch this market Free account

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

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

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: 14.8% of homes vacant — above national norms.

What’s happening in McAlester, OK?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 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 $154,305
Avg Monthly Rent $1,045
ZIP Codes 1

Investing in McAlester Real Estate

McAlester (Oklahoma) spans 1 ZIPs and roughly a sizable population. plainly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

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

clearly McAlester's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Population dynamics in McAlester haven't been supportive. a stretch for combined with soft income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in McAlester, OK

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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

Do you own or manage rentals in McAlester, OK?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$154,305
Avg Monthly Rent
$1,045
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

🎓 Colleges & Universities in McAlester

2 Colleges 615 Students 466 Off-Campus Renters
C+
Kiamichi Technology Center-McAlester
Vocational Public · 575 students
📍 ~466 students rent off-campus
C
Premier Academy of Cosmetology
Vocational For-Profit · 40 students

ZIP Codes in McAlester, OK

Screen every ZIP in McAlester

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

View Plans

Frequently Asked Questions About McAlester, OK

What do landlords charge for rent in McAlester, OK?

Rent in McAlester, OK is around $1,045/mo. The resulting rent-to-value relationship with $154K pricing is reasonable for most investor models.

Do landlords face vacancy issues in McAlester, OK?

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

Is McAlester, OK a smart market for rental property?

With a 3.0/5 investability score, McAlester, OK ranks as a solid market for rental property investors. Median prices of $154K and rents of $1,045/mo drive the underlying numbers.

What does house hacking look like in McAlester, OK?

For house hackers, McAlester, OK is a challenging. The $1,045/mo rent on a unit helps defray the mortgage on a $154K property.

Are eviction rules reasonable in McAlester, OK?

For rental operators, McAlester, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate McAlester, OK.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.