Real Estate Investing in Edmond, Oklahoma (73007)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73007 (Edmond, OK)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High price-to-rent: Price-to-rent ratio 45.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Edmond, OK (73007)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73007 Edmond
Investors eyeing 73007 need to respect the fundamentals at play. Home values of $540K come alongside slower price movement and elevated management overhead.
The investment case in 73007 is healthy only for operators who understand what they are buying. A $540K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 73007's metrics run below Oklahoma County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 10% in 73007 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Edmond's stable or hybrid ZIPs before stepping into 73007. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Edmond:
Property Strategy for 73007
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $252,840 | $1,090 | 3.1% | +5.9% | $126,420 |
| 3BR | $444,860 | $1,470 | 2.4% | +6.1% | $148,287 |
| 4BR | $572,320 | $1,630 | 2.1% | +5.6% | $143,080 |
| 5BR | $825,614 | — | — | +6.5% | $165,123 |
Market Trends
Home Value History (with trend line)
📊 How Does 73007 Compare?
| Metric | 73007 | Edmond | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $540,143 | $400,857 | N/A | $214,563 |
| 5-Year CAGR | 3.8% | 4.4% | N/A | 6.9% |
| Avg Rent | $981 | $1,741 | N/A | - |
| Cap Rate | 1.4% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73007 (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 | $540,143 |
| Monthly Rent | $981 |
| Price-to-Rent | 45.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). 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 73007
Population: 2,945
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 73007
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 2,554 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Edmond, OK?
Expect median prices around $540K in Edmond, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the renter demographic in Edmond, OK?
Tenant quality in Edmond, OK ranks as solid. Landlords generally report consistent occupancy at market rents of $981/mo.
How does Edmond, OK rate as a rental market?
Edmond, OK rates 2.0/5 for investability. With median values at $540K and rents near $981/mo, the market offers reasonable fundamentals for rental investors.
What does house hacking look like in Edmond, OK?
The a challenging house-hack environment in Edmond, OK reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is Edmond, OK better for rentals, flips, or BRRRR?
Edmond, OK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($540K prices, $981/mo rents) make it a reasonable choice.
You know 73007 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73007 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 73007 ranks in Oklahoma City, OK
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