Real Estate Investing in Waurika, Oklahoma

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1 ZIP codes • Population: 2,356 • Jefferson

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

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
GOOD
4.0 / 5 (71/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.8% of homes vacant — above national norms.

What’s happening in Waurika, OK?

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4.0/ 5

Investability

Citywide average

5.0/ 5

Appreciation

10.6% 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 $104,198
Avg Monthly Rent $864
ZIP Codes 1

Investing in Waurika Real Estate

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

A 4.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Waurika is in that category.

Market conditions in Waurika 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.

Waurika'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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Landlord Ground Truth

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Avg Home Value
$104,198
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (OK)

ZIP Codes in Waurika, OK

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Filter Waurika’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 Waurika, OK

What real estate strategy is ideal for Waurika, OK?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Waurika, OK. The numbers - $104K homes against $864/mo rents - support that play.

How strict are landlord regulations in Waurika, OK?

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

How strong are rents in Waurika, OK?

Rent in Waurika, OK is around $864/mo. The resulting rent-to-value relationship with $104K pricing is reasonable for most investor models.

What are vacancy rates like in Waurika, OK?

Vacancy risk in Waurika, OK is elevated. That supports measured cash flow for typical rental holds.

What does house hacking look like in Waurika, OK?

House hacking in Waurika, OK is reasonable to execute. Prices around $104K and rents of $864/mo solid owner-occupant economics.

Community Ratings

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