Real Estate Investing in Tulsa, Oklahoma (74127)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74127 (Tulsa, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.6% of homes vacant — above national norms.
What’s happening in Tulsa, OK (74127)?
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Market Analysis: 74127 Tulsa
This part of Osage County is not an easy win. The 74127 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $136K asset, 74127 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Tulsa have seen price recovery that 74127 has not matched. Osage County data supports the view that the spread is structural rather than temporary.
The 74127 ZIP's population of 15,990 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 74127, 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 Tulsa:
Property Strategy for 74127
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,532 | $1,180 | 7.9% | +10.2% | $53,766 |
| 3BR | $161,834 | $1,550 | 6.9% | +8.2% | $53,945 |
| 4BR | $255,033 | $1,800 | 5.1% | +7.8% | $63,758 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 74127 Compare?
| Metric | 74127 | Tulsa | Tulsa, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $135,952 | $103,506 | N/A | $214,563 |
| 5-Year CAGR | 5.6% | 5.9% | N/A | 6.9% |
| Avg Rent | $1,244 | $1,269 | N/A | - |
| Cap Rate | 7.1% | 5.2% | - | - |
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 74127 (Tulsa, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $135,952 |
| Monthly Rent | $1,244 |
| Price-to-Rent | 9.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.0% |
| Cap Rate | 7.1% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.1%). 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 74127
Population: 15,990
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 74127
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 3,605 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Tulsa, OK?
Rent in Tulsa, OK is around $1,244/mo. The resulting rent-to-value relationship with $136K pricing is reasonable for most investor models.
Does Tulsa, OK favor landlords or tenants?
For rental operators, Tulsa, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is vacancy a concern in Tulsa, OK?
Tulsa, OK vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I live-in-and-rent in Tulsa, OK?
Tulsa, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $136K price point reasonable to enter.
Does Tulsa, OK make sense for an investment property?
Tulsa, OK posts an investability rating of 3.0/5, with median home values near $136K and average rents around $1,244/mo. That combination puts it in the notable tier for investor interest.
You know 74127 now. You don’t know where it ranks.
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How 74127 ranks in Tulsa, OK
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