Real Estate Investing in Meeker, Oklahoma (74855)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74855 (Meeker, 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.
- Elevated vacancy: 11.4% 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 Meeker, OK (74855)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74855 Meeker
Investors eyeing 74855 need to respect the fundamentals at play. Home values of $220K come alongside slower price movement and elevated management overhead.
For an experienced owner, 74855 can be a a credible choice for hunting ground — but the discount at $220K reflects genuine risk that outside investors often underestimate.
The gap between 74855 and stronger Meeker ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A substantial renter share of 29% in 74855 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 74855 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 Meeker:
Property Strategy for 74855
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,890 | $1,130 | 6.1% | +7.9% | $66,945 |
| 3BR | $223,775 | $1,520 | 4.9% | +9.0% | $74,592 |
| 4BR | $330,410 | $1,730 | 3.8% | +9.3% | $82,602 |
Market Trends
Home Value History (with trend line)
📊 How Does 74855 Compare?
| Metric | 74855 | Meeker | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $219,862 | $219,862 | N/A | $214,563 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 6.9% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 74855 (Meeker, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,862 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (3.6%). 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 74855
Population: 4,292
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 74855
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
How high is vacancy risk in Meeker, OK?
Meeker, OK carries elevated vacancy risk. Expect predictable absorption at market rents of $1,017/mo.
Are renters plentiful in Meeker, OK?
Meeker, OK draws a measured base of working renters. Demand at the $1,017/mo rent level is reasonable for standard single-family and small multi rentals.
What are rental rates like in Meeker, OK?
Average rent in Meeker, OK is approximately $1,017/mo per month. Against $220K home values that yields a reasonable rent-to-price ratio.
What investment strategy works best in Meeker, OK?
Most investors in Meeker, OK run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Should investors consider Meeker, OK?
With a 3.0/5 investability score, Meeker, OK ranks as a solid market for rental property investors. Median prices of $220K and rents of $1,017/mo drive the underlying numbers.
You know 74855 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74855 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.
How 74855 ranks in Oklahoma City, OK
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