Real Estate Investing in Edmond, Oklahoma (73003)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73003 (Edmond, OK)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Edmond, OK (73003)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73003 Edmond
The 73003 ZIP covers a section of Edmond that demands careful diligence. Prices near $273K look accessible, but the work to make a deal cash flow is real.
The investment case in 73003 is resilient only for operators who understand what they are buying. A $273K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OK, ZIP 73003 trails on several market indicators that neighboring Oklahoma County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Employment concentration in 73003 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. impressive returns are possible in 73003, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Edmond:
Property Strategy for 73003
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $180,706 | $1,610 | 6.4% | +6.3% | $90,353 |
| 3BR | $242,400 | $2,170 | 6.4% | +6.7% | $80,800 |
| 4BR | $366,222 | $2,400 | 4.7% | +6.1% | $91,555 |
| 5BR | $622,961 | — | — | +6.0% | $124,592 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73003 Compare?
| Metric | 73003 | Edmond | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $272,644 | $400,857 | N/A | $214,563 |
| 5-Year CAGR | 4.9% | 4.4% | N/A | 6.9% |
| Avg Rent | $1,545 | $1,741 | N/A | - |
| Cap Rate | 4.4% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73003 (Edmond, OK). Anonymous, moderated, never written by AI.
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Property managers serving Oklahoma County
Manage rentals here? List your business →All County Heartland is a full-service residential property management company in Edmond, OK, focused on maximizing rental property revenue and maintaining investments. summary from their website
C-Star Management is a leader in property management, offering services for apartments, houses, and duplexes. summary from their website
Substancia Property Management offers single-family, multi-family, commercial, and HOA property management services in the Oklahoma City Metro and surrounding areas. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $272,644 |
| Monthly Rent | $1,545 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +3.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73003
Population: 22,573
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 73003
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,431 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is OK a landlord-friendly state?
OK ranks as a landlord-friendly state for landlord-tenant law. Edmond generally follows the statewide framework, so landlords face reasonable operating rules.
Should investors consider Edmond, OK?
Yes - Edmond, OK a 3.0/5 investability score. With $273K home prices against $1,545/mo monthly rent, the market delivers a reasonable entry point for new investors.
How do home values compare in Edmond, OK?
The median home value in Edmond, OK is roughly $273K. That puts it reasonable relative to the OK statewide average.
Can I live-in-and-rent in Edmond, OK?
Edmond, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $273K price point reasonable to enter.
Are renters plentiful in Edmond, OK?
The tenant pool in Edmond, OK is solid, supported by local employment and population fundamentals. Rents of $1,545/mo are well-absorbed by the market.
You know 73003 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73003 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 73003 ranks in Oklahoma City, OK
Every ZIP in this metro, ranked. Free.
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