Real Estate Investing in Oklahoma City, Oklahoma (73105)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73105 (Oklahoma City, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.3% of homes vacant — above national norms.
What’s happening in Oklahoma City, OK (73105)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73105 Oklahoma City
Not every below-median market is a bargain. Oklahoma City's 73105 ZIP records signals that favor experienced operators who can absorb the risk $154K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 73105 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 73105 offers a low basis, the region around Oklahoma City has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 73105 ZIP's population of 5,810 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The 73105 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Oklahoma City:
Property Strategy for 73105
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,690 | $1,270 | 7.8% | +7.9% | $58,845 |
| 3BR | $151,566 | $1,710 | 8.1% | +6.7% | $50,522 |
| 4BR | $238,799 | $1,900 | 5.7% | +5.9% | $59,700 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73105 Compare?
| Metric | 73105 | Oklahoma City | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $154,080 | $142,912 | N/A | $214,563 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 6.9% |
| Avg Rent | $1,208 | $1,288 | N/A | - |
| Cap Rate | 6.1% | 5.0% | - | - |
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 73105 (Oklahoma City, 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 | $154,080 |
| Monthly Rent | $1,208 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.1%). 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 73105
Population: 5,810
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 73105
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MILLWOOD ARTS ACADEMY MS
THELMA R. PARKS ES
WILSON ES
PUTNAM HEIGHTS ACADEMY HS
MILLWOOD ES
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 3,118 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Oklahoma City, OK?
Rent in Oklahoma City, OK is around $1,208/mo. The resulting rent-to-value relationship with $154K pricing is reasonable for most investor models.
How tight is the rental market in Oklahoma City, OK?
Oklahoma City, OK vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does Oklahoma City, OK make sense for an investment property?
Investors tracking Oklahoma City, OK will find a 3.0/5 rating supported by $154K median home values and $1,208/mo rents. That profile suits long-term holders targeting steady returns.
Is OK a landlord-friendly state?
Oklahoma City, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What approach is best for Oklahoma City, OK real estate?
Most investors in Oklahoma City, OK run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 73105 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73105 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 73105 ranks in Oklahoma City, OK
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