Real Estate Investing in Noble, Oklahoma (73068)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73068 (Noble, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
What’s happening in Noble, OK (73068)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73068 Noble
ZIP 73068 in Noble, OK carries a solid set of headwinds. Home values near $210K and rents of $1,499/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 73068 can be a a strong candidate for hunting ground — but the discount at $210K reflects genuine risk that outside investors often underestimate.
ZIP 73068's metrics run below Cleveland County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 73068 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. impressive returns are possible in 73068, 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 Noble:
Property Strategy for 73068
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $135,502 | $1,260 | 6.7% | +8.5% | $67,751 |
| 3BR | $208,137 | $1,700 | 5.9% | +7.6% | $69,379 |
| 4BR | $276,068 | $1,880 | 4.9% | +7.1% | $69,017 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73068 Compare?
| Metric | 73068 | Noble | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $210,289 | $210,289 | N/A | $214,563 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.9% |
| Avg Rent | $1,499 | $1,499 | N/A | - |
| Cap Rate | 5.6% | 5.6% | - | - |
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 73068 (Noble, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73068 (Noble, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $210,289 |
| Monthly Rent | $1,499 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). 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 73068
Population: 12,003
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 73068
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
Frequently Asked Questions
What is the median home value in Noble, OK?
Median home price in Noble, OK is near $210K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
What real estate strategy is ideal for Noble, OK?
A careful cash-flow rentals with hands-on management strategy Noble, OK best. The market produces steady results for that approach at the $210K price point.
What is the renter demographic in Noble, OK?
Expect a solid tenant pool in Noble, OK. The rental market absorbs $1,499/mo rents without meaningful friction.
Is Noble, OK a good market for buy-and-hold investors?
With a 3.0/5 investability score, Noble, OK ranks as a solid market for rental property investors. Median prices of $210K and rents of $1,499/mo drive the underlying numbers.
Does house hacking make sense in Noble, OK?
House hacking in Noble, OK is a challenging. With home values around $210K and rents at $1,499/mo, owner-occupants can offset a meaningful share of PITI.
You know 73068 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73068 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 73068 ranks in Oklahoma City, OK
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 73068 (Noble)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73068 (Noble, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.