Real Estate Investing in Oklahoma City, Oklahoma (73114)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73114 (Oklahoma City, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.6% of homes vacant — above national norms.
- Elevated poverty: 26.5% poverty rate — can affect rent collection.
What’s happening in Oklahoma City, OK (73114)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73114 Oklahoma City
From a cash-flow lens, ZIP 73114 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $160K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $160K asset, 73114 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 73114'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.
The demographic picture in 73114 includes headwinds that any investor should price in. Income distribution skews lower than Oklahoma City averages, and tenant stability requires active management.
Distressed ZIPs reward experience. sturdy returns are possible in 73114, 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 Oklahoma City:
Property Strategy for 73114
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $110,148 | $1,290 | 8.4% | +7.9% | $55,074 |
| 3BR | $157,339 | $1,740 | 8.0% | +7.7% | $52,446 |
| 4BR | $193,353 | $1,930 | 7.2% | +6.0% | $48,338 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73114 Compare?
| Metric | 73114 | Oklahoma City | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $159,960 | $142,912 | N/A | $214,563 |
| 5-Year CAGR | 5.4% | 4.1% | N/A | 6.9% |
| Avg Rent | $1,383 | $1,288 | N/A | - |
| Cap Rate | 6.8% | 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 73114 (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 | $159,960 |
| Monthly Rent | $1,383 |
| Price-to-Rent | 9.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.8% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.8%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73114
Population: 18,235
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 73114
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
HARDING CHARTER PREPARATORY HS
About Repit School Scores
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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 3,021 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the renter demographic in Oklahoma City, OK?
The tenant pool in Oklahoma City, OK is solid, supported by local employment and population fundamentals. Rents of $1,383/mo are well-absorbed by the market.
Is Oklahoma City, OK a friendly market for rental owners?
Landlord-friendliness in Oklahoma City, OK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the median home value in Oklahoma City, OK?
Median home price in Oklahoma City, OK is near $160K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Can I live-in-and-rent in Oklahoma City, OK?
House hacking works a challenging in Oklahoma City, OK. Rents of $1,383/mo against $160K acquisition make the strategy solid for owner-occupants.
What is the smart move for investors in Oklahoma City, OK?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Oklahoma City, OK. The numbers - $160K homes against $1,383/mo rents - support that play.
You know 73114 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73114 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 73114 ranks in Oklahoma City, OK
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