Real Estate Investing in Carter County, Oklahoma

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

6 ZIP codes • Population: 48,333

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ 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: 13.3% of homes vacant β€” above national norms.

What’s happening in Carter County, OK?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $175,314
Avg Monthly Rent $947
ZIP Codes 6

Investing in Carter County Real Estate

Carter County spans 6 ZIP codes across 6 cities in Oklahoma, with a population of 48,333. The county's muted investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Carter County sits firmly in that category.

A 48,333 population and $N/AK household income profile is what makes Carter a challenging rental region β€” the base is present, but the affordability math is tight.

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

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

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Avg Home Value
$175,314
Avg Monthly Rent
$947
1% Rule
βœ— Below
Landlord Friendly (OK)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Ardmore, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
63%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Carter County

1 College 694 Students 694 Off-Campus Renters
C+
Southern Oklahoma Technology Center
Vocational Public Β· 694 students
πŸ“ ~694 students rent off-campus

Investor Insight: With 694 students living off-campus, Carter County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Carter County

ZIP Codes in Carter County, OK

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Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Carter County

How much should I expect to pay for a home in, OK?

Expect median prices around $175K in, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.

Are eviction rules reasonable in, OK?

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

Are there empty rentals in, OK?

Vacancy in, OK is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $947/mo.

Is, OK stronger than the typical OK market?

, OK comes in broadly in line with on the OK comparison. Specific drivers include $175K prices and $947/mo rents.

Community Ratings

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