Real Estate Investing in Shawnee, Oklahoma

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

2 ZIP codes • Population: 44,209 • Pottawatomie County

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Should you buy in Shawnee, 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: 12.1% of homes vacant — above national norms.

What’s happening in Shawnee, OK?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 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 $182,002
Avg Monthly Rent $1,196
ZIP Codes 2

Investing in Shawnee Real Estate

With a sizable population across 2 ZIPs, Shawnee shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

Across Shawnee's 2 ZIPs, fundamentals run tepid: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

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

Demographics in Shawnee show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

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 Shawnee, OK

Shawnee 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 Shawnee, OK. Anonymous, moderated, never written by AI.

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Avg Home Value
$182,002
Avg Monthly Rent
$1,196
1% Rule
✗ Below
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on Shawnee, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Shawnee, OK metro
0
Days to pending
11.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Shawnee

4 Colleges 2,767 Students 634 Off-Campus Renters
C+
Gordon Cooper Technology Center
2-Year Public · 879 students
📍 ~634 students rent off-campus
C+
Shawnee Beauty College
Vocational For-Profit · 60 students
C+
Oklahoma Baptist University
4-Year Private · 1,526 students
D
Family of Faith Christian University
4-Year Private · 302 students

Investor Insight: With 634 students living off-campus, Shawnee has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Shawnee, OK

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Filter Shawnee’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 Shawnee, OK

Is real estate in Shawnee, OK a good investment right now?

Shawnee, OK rates 3.0/5 for investability. With median values at $182K and rents near $1,196/mo, the market offers reasonable fundamentals for rental investors.

Is housing expensive in Shawnee, OK?

Shawnee, OK median home values land near $182K. That is reasonable territory for investors looking at $1,196/mo-per-month rentals.

How much is rent in Shawnee, OK?

Rents in Shawnee, OK run near $1,196/mo. Compared with median home prices of $182K that produces solid gross yields for typical rentals.

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

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

Is vacancy a concern in Shawnee, OK?

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

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