Real Estate Investing in Piedmont, Oklahoma (73078)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73078 (Piedmont, 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.
No major risk flags on the data we track.
What’s happening in Piedmont, OK (73078)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73078 Piedmont
Not every below-median market is a bargain. Piedmont's 73078 ZIP reports signals that favor experienced operators who can absorb the risk $340K pricing implies.
Put differently, the numbers look inviting — $340K purchase price, 0.0% nominal cap — the work to hit that pro forma in 73078 is substantial and deserves full respect.
Statewide comparisons place 73078 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 73078 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 73078 is an operator game, not a passive one. Looking more closely, entry prices of $340K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Piedmont:
Property Strategy for 73078
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,453 | $1,870 | 6.1% | +6.9% | $109,726 |
| 3BR | $294,878 | $2,520 | 6.2% | +7.2% | $98,293 |
| 4BR | $398,066 | $2,790 | 5.0% | +7.0% | $99,517 |
| 5BR | $549,394 | — | — | +7.8% | $109,879 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73078 Compare?
| Metric | 73078 | Piedmont | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $340,377 | $340,377 | N/A | $214,563 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.9% |
| Avg Rent | $1,596 | $1,596 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 73078 (Piedmont, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73078 (Piedmont, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $340,377 |
| Monthly Rent | $1,596 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.7%). 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 73078
Population: 12,807
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 73078
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 3,761 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Piedmont, OK?
Average rent in Piedmont, OK is approximately $1,596/mo per month. Against $340K home values that yields a reasonable rent-to-price ratio.
Is house hacking profitable in Piedmont, OK?
House hacking in Piedmont, OK is reasonable to execute. Prices around $340K and rents of $1,596/mo solid owner-occupant economics.
Is Piedmont, OK a smart market for rental property?
With a 3.0/5 investability score, Piedmont, OK ranks as a solid market for rental property investors. Median prices of $340K and rents of $1,596/mo drive the underlying numbers.
What is the typical home price in Piedmont, OK?
In Piedmont, OK the median home value sits at $340K. Against the broader OK market, that reads as reasonable for most investors.
What type of investing works in Piedmont, OK?
Investors usually favor careful cash-flow rentals with hands-on management in Piedmont, OK. With home values at $340K and rents near $1,596/mo, other strategies can work but produce stable rather than outsized returns.
You know 73078 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73078 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 73078 ranks in Oklahoma City, OK
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 73078 (Piedmont)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73078 (Piedmont, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.