Real Estate Investing in Lawton, Oklahoma (73557)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73557 (Lawton, 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: 40.2% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lawton, OK (73557)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73557 Lawton
ZIP 73557 in Lawton, OK carries a notable set of headwinds. Home values near $283K and rents of $1,206/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 73557 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 73557 and stronger Lawton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 73557 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 73557 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Lawton:
Property Strategy for 73557
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $263,831 | $1,340 | 3.7% | — | $131,915 |
| 3BR | $352,378 | $1,860 | 3.8% | +8.3% | $117,459 |
Market Trends
Home Value History (with trend line)
📊 How Does 73557 Compare?
| Metric | 73557 | Lawton | Lawton, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $283,290 | $116,313 | N/A | $214,563 |
| 5-Year CAGR | 5.8% | 5.5% | N/A | 6.9% |
| Avg Rent | $1,206 | $1,113 | N/A | - |
| Cap Rate | 3.3% | 5.4% | - | - |
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 73557 (Lawton, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $283,290 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | -1.4% ▼ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 73557
Population: 222
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 73557
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Comanche Academy
PAT HENRY ES
PIONEER PARK ES
LAWTON HS
CENTRAL 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 1,239 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Lawton, OK?
Expect rents around $1,206/mo per month in Lawton, OK. With home values at $283K, the yield math works out to reasonable levels for rental investors.
Is Lawton, OK landlord-friendly?
OK ranks as a landlord-friendly state for landlord-tenant law. Lawton generally follows the statewide framework, so landlords face reasonable operating rules.
Where do home prices stand in Lawton, OK?
Lawton, OK home values average about $283K. That price point suits investors targeting rentals with $1,206/mo in monthly income.
What is the investability score for Lawton, OK?
Lawton, OK sits at an investability rating of 3.0/5, with median home values near $283K and average rents around $1,206/mo. That combination puts it in the durable tier for investor interest.
How strong is the working-renter base in Lawton, OK?
Tenant demand in Lawton, OK is solid. The local workforce $1,206/mo rents across most rental classes.
You know 73557 now. You don’t know where it ranks.
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How 73557 ranks in Lawton, OK
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