Real Estate Investing in Oktaha, Oklahoma (74450)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Muskogee • Population: 1,720 • Data updated: September 2026

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Should you buy in 74450 (Oktaha, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.7% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Oktaha, OK (74450)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $235,110
Avg Monthly Rent $846
1% Rule ✗ Does Not Meet
Median Income $46,607
% Renters 13.2%

Market Analysis: 74450 Oktaha

The 74450 ZIP in Oktaha, OK is a local-operator market. Outside capital chasing a $235K entry has to pair deep knowledge with the discount.

The 74450 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 74450 sits on the difficult end of the OK spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

A healthy renter share of 13% in 74450 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategy in 74450 is an operator game, not a passive one. From an investor standpoint, entry prices of $235K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Oktaha:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+11.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $846/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$246K$215K$184K$153K$122K$91KJun 2006Jul 2016Jul 2026

📊 How Does 74450 Compare?

Metric 74450 Oktaha Oklahoma
Home Value $235,110 $235,110 $214,563
5-Year CAGR 5.6% 5.6% 6.9%
Avg Rent $846 $846 -
Cap Rate 2.8% 2.8% -
💡 Why Invest in 74450? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 74450 (Oktaha, OK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+5.6%
Moderate

📊 Market Snapshot

Home Value $235,110
Monthly Rent $846
Price-to-Rent 23.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +11.8% ▲
3-Year CAGR +5.1% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.

Vacancy
8.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 74450

Population: 1,720

💰 Median Household Income
$46,607
This area
$46,607
State
$58,994
USA
$74,580
🏠 Renter Occupied
13.2%
This area
13.2%
State
25.6%
USA
34.0%
💼 Unemployment Rate
5.0%
This area
5.0%
State
-1.8%
USA
3.7%
🎓 College Educated
14.0%
This area
14.0%
State
14.2%
USA
33.7%
👤 Median Age
43.2 years
This area
43.2 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
8.7%
This area
8.7%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
White 64.5%
Other/Mixed 33.8%
Hispanic/Latino 3.4%
Black/African American 1.2%
Asian 0.5%
👶 Under 18
22.1%
This area
22.1%
USA
22.0%
👴 65 and Over
20.7%
This area
20.7%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
USA
11.5%

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 74450

B Avg School Grade
2 Schools
14.3:1 Avg Class Size
$13,975 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

OKTAHA HS

📚 09 – 12 High School
👥
217 Students
👨‍🏫
12.8:1 Class Size
💰
$13,975 Per Student
B Good

OKTAHA ES

📚 Pre-K – 08 School
👥
440 Students
👨‍🏫
15.8:1 Class Size
💰
$13,975 Per Student
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

3 Nearby 690 Off-Campus Students
C
Connors State College
2,098 students · 11.3 mi
C
Elite Beauty College
16 students · 11.8 mi
C
Bacone College
106 students · 14.7 mi

Investor Insight: With 690 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the rental occupancy rate in Oktaha, OK?

Oktaha, OK vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What type of investing works in Oktaha, OK?

A careful cash-flow rentals with hands-on management strategy Oktaha, OK best. The market produces stable results for that approach at the $235K price point.

How does Oktaha, OK rate as a rental market?

Oktaha, OK rates 3.0/5 for investability. With median values at $235K and rents near $846/mo, the market offers reasonable fundamentals for rental investors.

Can I house hack in Oktaha, OK?

Oktaha, OK offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $846/mo rent level.

How much do tenants pay in Oktaha, OK?

Expect rents around $846/mo per month in Oktaha, OK. With home values at $235K, the yield math works out to reasonable levels for rental investors.

You know 74450 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 74450 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.

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