Real Estate Investing in Oklahoma City, Oklahoma (73112)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Oklahoma County • Population: 30,422 • Data updated: September 2026

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Should you buy in 73112 (Oklahoma City, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Oklahoma City, OK (73112)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $185,494
Avg Monthly Rent $1,232
1% Rule ✗ Does Not Meet
Median Income $55,138
% Renters 48.5%

Market Analysis: 73112 Oklahoma City

Not every below-median market is a bargain. Oklahoma City's 73112 ZIP records signals that favor experienced operators who can absorb the risk $185K pricing implies.

For an experienced owner, 73112 can be a a credible choice for hunting ground — but the discount at $185K reflects genuine risk that outside investors often underestimate.

Nearby ZIPs in Oklahoma City have seen price recovery that 73112 has not matched. Oklahoma County data supports the view that the spread is structural rather than temporary.

Looking more closely, 30,422 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 73112 is an operator game, not a passive one. On balance, entry prices of $185K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Oklahoma City:

B Good
Buy Confidence Score: 76/100
Affordability
20/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Stable (+0.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,232/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Oklahoma City, OK Metro Area
More inventory, negotiating room for buyers
64 days
Average time to sell
Slow
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Oklahoma City, OK metro data
🏠

Property Strategy for 73112

Which property type performs best in this market?

Best for Cash Flow
1BR
7.4% cap rate
Best for Appreciation
1BR
+6.3% 5yr CAGR
Best Overall Value
4BR
$66,843/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $102,702 $1,050 7.4% +6.3% $102,702
2BR $142,649 $1,290 6.5% +6.3% $71,324
3BR $202,601 $1,740 6.2% +6.1% $67,534
4BR $267,374 $1,930 5.2% +5.4% $66,843

Market Trends

Home Value History (with trend line)

$196K$174K$152K$131K$109K$87KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,298$1,187$1,075$964$853$742Jul 2016Jul 2021Jul 2026

📊 How Does 73112 Compare?

Metric 73112 Oklahoma City Oklahoma City, OK Oklahoma
Home Value $185,494 $142,912 N/A $214,563
5-Year CAGR 4.0% 4.1% N/A 6.9%
Avg Rent $1,232 $1,288 N/A -
Cap Rate 5.2% 5.0% - -
💡 Why Invest in 73112? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 49% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 73112 (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

Single-family
Unclaimed — is this your business? Claim it free

C-Star Management is a leader in property management, offering services for apartments, houses, and duplexes. summary from their website

Small multifamilySingle-family
Unclaimed — is this your business? Claim it free

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

Single-familySmall multifamilyCommercialHOA
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.2%
Fair
5yr Growth
+4.0%
Moderate

📉 Market Crash Risk Index

Based on Oklahoma City, OK metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
2/2
64 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $185,494
Monthly Rent $1,232
Price-to-Rent 12.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.0%
Cap Rate 5.2%
5-Year IRR 9.2%

📈 Home Appreciation

1-Year +0.3% ▲
3-Year CAGR +0.7% ▲
5-Year CAGR +4.0% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year -0.8% ▼
3-Year CAGR +2.6% ▲
5-Year CAGR +4.0% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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.

Vacancy
9.6%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.0%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 73112

Population: 30,422

💰 Median Household Income
$55,138
This area
$55,138
State
$58,994
USA
$74,580
🏠 Renter Occupied
48.5%
This area
48.5%
State
25.6%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-1.8%
USA
3.7%
🎓 College Educated
32.7%
This area
32.7%
State
14.2%
USA
33.7%
👤 Median Age
36.1 years
This area
36.1 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
9.6%
This area
9.6%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
White 61.6%
Other/Mixed 20.6%
Black/African American 13.4%
Hispanic/Latino 11.4%
Asian 4.4%
👶 Under 18
19.4%
This area
19.4%
USA
22.0%
👴 65 and Over
14.8%
This area
14.8%
USA
17.3%
📊 Poverty Rate
15.6%
This area
15.6%
USA
11.5%

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 73112

B+ Avg School Grade
6 Schools
14.7:1 Avg Class Size
$13,780 Avg Per Pupil

Schools in This ZIP Code

A Very Good

MONROE ES

📚 Pre-K – 04 Elementary
👥
330 Students
👨‍🏫
12.2:1 Class Size
💰
$14,864 Per Student
B+ Above Average

BELLE ISLE MS

📚 05 – 08 School
👥
472 Students
👨‍🏫
15.7:1 Class Size
💰
$14,864 Per Student
B+ Above Average

KAISER ES

📚 Pre-K – 04 Elementary
👥
507 Students
👨‍🏫
15.2:1 Class Size
💰
$14,864 Per Student
B+ Above Average

ARBOR GROVE ES

📚 Pre-K – 05 Elementary
👥
533 Students
👨‍🏫
13.8:1 Class Size
💰
$12,695 Per Student
B Good

CORONADO HEIGHTS ES

📚 Pre-K – 05 Elementary
👥
452 Students
👨‍🏫
16.0:1 Class Size
💰
$12,695 Per Student
B Good

KIRKLAND EARLY CHILDHOOD CTR

📚 Pre-K – 02 Elementary
👥
229 Students
👨‍🏫
15.2:1 Class Size
💰
$12,695 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

HAWTHORNE ES

📚 Pre-K – 04 Elementary
📍 2300 Northwest 15th Street, Oklahoma City
👥
350 Students
👨‍🏫
14.6:1 Class Size
💰
$14,864 Per Student
B+ Above Average

MARK TWAIN ES

📚 Pre-K – 04 Elementary
📍 2451 West Main Street, Oklahoma City
👥
284 Students
👨‍🏫
14.2:1 Class Size
💰
$14,864 Per Student
B+ Above Average

BUCHANAN ES

📚 Pre-K – 04 Elementary
📍 4126 Northwest 18th Street, Oklahoma City
👥
480 Students
👨‍🏫
17.0:1 Class Size
💰
$14,864 Per Student
B+ Above Average

CLEVELAND ES

📚 Pre-K – 04 Elementary
📍 2725 Northwest 23rd Street, Oklahoma City
👥
439 Students
👨‍🏫
17.0:1 Class Size
💰
$14,864 Per Student
B+ Above Average

NICHOLS HILLS ES

📚 Pre-K – 04 Elementary
📍 1301 West Wilshire Boulevard, Nichols Hills
👥
514 Students
👨‍🏫
15.9:1 Class Size
💰
$14,864 Per Student
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

8 Nearby 5,300 Off-Campus Students
C+
Oklahoma City University
2,763 students · 2.5 mi
C
Oklahoma State University-Oklahoma City
4,134 students · 3.0 mi
C+
Southern Nazarene University
2,165 students · 3.1 mi
D
Southwestern Christian University
364 students · 3.7 mi
C+
University of Oklahoma-Health Sciences Center
3,563 students · 5.2 mi
C+
Metro Technology Centers
1,337 students · 5.4 mi
C+
The Academy of Hair Design LLC
57 students · 6.6 mi
C+
Francis Tuttle Technology Center
2,595 students · 6.8 mi

Investor Insight: With 5,300 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What are rental rates like in Oklahoma City, OK?

Rents in Oklahoma City, OK run near $1,232/mo. Compared with median home prices of $185K that produces solid gross yields for typical rentals.

What is the typical renter like in Oklahoma City, OK?

Tenant demand in Oklahoma City, OK is solid. The local workforce $1,232/mo rents across most rental classes.

Is real estate in Oklahoma City, OK a good investment right now?

Investors tracking Oklahoma City, OK will find a 3.0/5 rating supported by $185K median home values and $1,232/mo rents. That profile suits long-term holders targeting even-keeled returns.

What is the typical vacancy rate in Oklahoma City, OK?

Rental vacancy in Oklahoma City, OK is elevated. Investors should budget normal turnover but not chronic empty units.

What strategy should investors use in Oklahoma City, OK?

In Oklahoma City, OK the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $185K prices and $1,232/mo rents suits that approach.

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How 73112 ranks in Oklahoma City, OK

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