Real Estate Investing in Smithville, Oklahoma

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

1 ZIP codes • Population: 905 • Le Flore

☆ Watch this market Free account

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

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 31.8% of homes vacant — above national norms.

What’s happening in Smithville, 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

4.5% 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 $193,983
Avg Monthly Rent $846
ZIP Codes 1

Investing in Smithville Real Estate

Smithville, OK covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

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

The $846/mo / $194K relationship in Smithville looks thin once vacancy and capex are incorporated into underwriting. looks to the realized yield tends to disappoint.

The 0% renter share in Smithville 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Smithville, OK?

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

Avg Home Value
$193,983
Avg Monthly Rent
$846
1% Rule
✗ Below
Landlord Friendly (OK)

ZIP Codes in Smithville, OK

Screen every ZIP in Smithville

Filter Smithville’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 Smithville, OK

What are home prices like in Smithville, OK?

The median home value in Smithville, OK is roughly $194K. That puts it reasonable relative to the OK statewide average.

How strong are rents in Smithville, OK?

The typical rental in Smithville, OK commands about $846/mo monthly. That rent profile reliable cash flow against the $194K purchase basis.

Is Smithville, OK landlord-friendly?

OK ranks as a landlord-friendly state for landlord-tenant law. Smithville generally follows the statewide framework, so landlords face reasonable operating rules.

Does a duplex house hack pencil in Smithville, OK?

For house hackers, Smithville, OK is a challenging. The $846/mo rent on a unit helps defray the mortgage on a $194K property.

Is it easy to find good tenants in Smithville, OK?

Tenant demand in Smithville, OK is solid. The local workforce $846/mo rents across most rental classes.

Community Ratings

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

Be the first to rate Smithville, OK.

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