Real Estate Investing in Oklahoma City, Oklahoma (73129)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73129 (Oklahoma City, 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 balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 13.0% of homes vacant — above national norms.
- Elevated poverty: 21.2% poverty rate — can affect rent collection.
What’s happening in Oklahoma City, OK (73129)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73129 Oklahoma City
ZIP 73129 offers what many appreciation markets cannot: an affordable basis at $99K and rent support of $1,072/mo for rehab-driven equity creation in Oklahoma County.
Flippers and value-add operators have treated 73129 as a working ZIP for a reason. Entry prices around $99K and a deep rental base of 51% renters underpin the exit strategy on both the sale and rent sides.
Relative to OK, 73129 reads as a working-capital ZIP — prices below average, renter share elevated at 51%, and room for operator-led upside.
Residents in 73129 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
ZIP 73129 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Oklahoma City:
Property Strategy for 73129
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $57,193 | $860 | 10.8% | +7.1% | $57,193 |
| 2BR | $76,913 | $1,050 | 9.8% | +8.5% | $38,456 |
| 3BR | $111,902 | $1,410 | 9.1% | +7.7% | $37,301 |
| 4BR | $145,216 | $1,570 | 7.8% | +6.6% | $36,304 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73129 Compare?
| Metric | 73129 | Oklahoma City | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $99,064 | $142,912 | N/A | $214,563 |
| 5-Year CAGR | 5.5% | 4.1% | N/A | 6.9% |
| Avg Rent | $1,072 | $1,288 | N/A | - |
| Cap Rate | 8.4% | 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 73129 (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 | $99,064 |
| Monthly Rent | $1,072 |
| Price-to-Rent | 7.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.0% |
| Cap Rate | 8.4% |
| 5-Year IRR | 14.0% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73129
Population: 19,730
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 73129
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ADELAIDE LEE ES
CAPITOL HILL MS
HAYES ES
HERONVILLE ES
DEL CITY MS
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 3,152 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Oklahoma City, OK?
Oklahoma City, OK posts an investability rating of 5.0/5, with median home values near $99K and average rents around $1,072/mo. That combination puts it in the robust tier for investor interest.
Where do rents currently stand in Oklahoma City, OK?
Rent in Oklahoma City, OK is around $1,072/mo. The resulting rent-to-value relationship with $99K pricing is reasonable for most investor models.
Is housing expensive in Oklahoma City, OK?
Expect median prices around $99K in Oklahoma City, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Does buy-rehab-rent-refinance work in Oklahoma City, OK?
Oklahoma City, OK is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $1,072/mo produces solid refinance appraisals against $99K values.
What is the best play in Oklahoma City, OK?
The best-fit strategy in Oklahoma City, OK is value-add and BRRRR deals. That approach the rent and price profile of the market.
You know 73129 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73129 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 73129 ranks in Oklahoma City, OK
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