Real Estate Investing in Shawnee, Oklahoma (74801)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74801 (Shawnee, 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: 14.1% of homes vacant — above national norms.
What’s happening in Shawnee, OK (74801)?
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Market Analysis: 74801 Shawnee
The 74801 ZIP in Shawnee, OK is a local-operator market. Outside capital chasing a $136K entry has to pair deep knowledge with the discount.
The 74801 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within OK, ZIP 74801 trails on several market indicators that neighboring Pottawatomie County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Demographically, 74801 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.
Experienced landlords with local relationships tend to find 74801 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Shawnee:
Property Strategy for 74801
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $75,927 | $980 | 9.3% | +8.3% | $37,963 |
| 3BR | $143,190 | $1,310 | 6.6% | +8.0% | $47,730 |
| 4BR | $249,004 | $1,540 | 4.5% | +7.9% | $62,251 |
| 5BR | $321,810 | — | — | +7.1% | $64,362 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 74801 Compare?
| Metric | 74801 | Shawnee | Shawnee, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $136,295 | $182,002 | N/A | $214,563 |
| 5-Year CAGR | 5.4% | 5.6% | N/A | 6.9% |
| Avg Rent | $1,117 | $1,196 | N/A | - |
| Cap Rate | 6.4% | 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 74801 (Shawnee, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $136,295 |
| Monthly Rent | $1,117 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +29.3% ▲ |
| 3-Year CAGR | +10.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). 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 74801
Population: 21,804
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 74801
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 634 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Shawnee in OK worth investing in?
Shawnee, OK scores 3.0/5 for investability. Home values sit at $136K and rents near $1,117/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the rental occupancy rate in Shawnee, OK?
Rental vacancy in Shawnee, OK is elevated. Investors should budget normal turnover but not chronic empty units.
What is the smart move for investors in Shawnee, OK?
A careful cash-flow rentals with hands-on management strategy Shawnee, OK best. The market produces predictable results for that approach at the $136K price point.
Is Shawnee, OK a friendly market for rental owners?
Rental owners in Shawnee, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What are rental rates like in Shawnee, OK?
Shawnee, OK rentals go for roughly $1,117/mo a month. That puts gross yield in solid territory relative to $136K acquisition costs.
You know 74801 now. You don’t know where it ranks.
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How 74801 ranks in Shawnee, OK
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