Real Estate Investing in Ardmore, Oklahoma (73401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73401 (Ardmore, 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: 13.2% of homes vacant — above national norms.
What’s happening in Ardmore, OK (73401)?
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Market Analysis: 73401 Ardmore
Investors eyeing 73401 need to respect the fundamentals at play. Home values of $185K come alongside slower price movement and elevated management overhead.
The investment case in 73401 is notable only for operators who understand what they are buying. A $185K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 73401 sits on the difficult end of the OK spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 73401 includes headwinds that any investor should price in. Income distribution skews lower than Ardmore averages, and tenant stability requires active management.
The right play in 73401 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ardmore:
Property Strategy for 73401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $80,284 | $840 | 7.5% | +5.6% | $80,284 |
| 2BR | $97,835 | $1,100 | 8.1% | +9.2% | $48,918 |
| 3BR | $197,446 | $1,380 | 5.0% | +7.5% | $65,815 |
| 4BR | $312,842 | $1,620 | 3.7% | +6.5% | $78,210 |
| 5BR | $432,813 | — | — | +6.4% | $86,563 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73401 Compare?
| Metric | 73401 | Ardmore | Ardmore, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $184,701 | $184,701 | N/A | $214,563 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.9% |
| Avg Rent | $1,193 | $1,193 | N/A | - |
| Cap Rate | 5.0% | 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 73401 (Ardmore, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $184,701 |
| Monthly Rent | $1,193 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.0% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +19.3% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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 73401
Population: 36,228
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 73401
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 694 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are tenants stable in Ardmore, OK?
The tenant pool in Ardmore, OK is solid, supported by local employment and population fundamentals. Rents of $1,193/mo are well-absorbed by the market.
Are there empty rentals in Ardmore, OK?
Ardmore, OK carries elevated vacancy risk. Expect steady absorption at market rents of $1,193/mo.
Is Ardmore, OK good for house hacking?
Ardmore, OK offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,193/mo rent level.
How landlord-friendly is Ardmore, OK?
OK law landlord-friendly for landlords, and Ardmore inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of market is Ardmore, OK for investors?
Ardmore, OK scores 3.0/5 for investability. Home values sit at $185K and rents near $1,193/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 73401 now. You don’t know where it ranks.
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How 73401 ranks in Ardmore, OK
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