House Hacking Investing in Oklahoma City, OK

House Hack Score: 5.1/10Ranked #15 of 52 markets

Data-driven house hacking analysis for Oklahoma City, OK — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

House Hack Score:5.1
Affordable Entry Price(30%)
$175,0007.7
Rent-to-Price Ratio(25%)
0.71%4.4
Low Vacancy(20%)
9.5%3.1
Population Growth(15%)
+4.5%4.3
Livability (Income)(10%)
$65,3744.4

Key Metrics for House Hacking

Median Price

$175,000

FHA 3.5% down: $6,125

Median Rent

$1,250/mo

Per-unit rental income

Vacancy Rate

9.5%

Elevated

Pop. Growth

+4.5%

5-year trend

House Hacking Investment Thesis

Oklahoma City offers affordable multifamily properties with strong population growth. The Plaza District and Paseo Arts District are livable neighborhoods with good rental demand. No state income tax on rental income is a bonus.

How Oklahoma City Compares

RankCityHouse Hack ScoreCap RateMedian Price
#10Boise, ID5.24.5%$420,000
#11Memphis, TN5.19.2%$130,000
#12Indianapolis, IN5.18.1%$175,000
#13Louisville, KY5.17.3%$195,000
#14Raleigh, NC5.15.1%$380,000
#15Oklahoma City, OK5.17.7%$175,000
#16Charlotte, NC5.05.6%$340,000

Showing markets ranked near Oklahoma City for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,250/mo)$15,000
Less: Vacancy (9.5%)-$1,425
Less: Property Tax (0.90%)-$1,575
Less: Insurance (~0.5%)-$875
Less: Maintenance (~1.5%)-$2,625
Estimated NOI$8,500
Implied Cap Rate4.9%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the house hack score for Oklahoma City, OK?

Oklahoma City, OK scores 5.1 out of 10 on our house hack score, ranking #15 out of 52 markets we track. Weighted composite: affordable entry price (30%), rent-to-price ratio (25%), low vacancy (20%), population growth (15%), livability/income (10%). Scale 0–10.

Is Oklahoma City a good city for house hacking investing?

Oklahoma City, OK ranks #15 for house hacking investing — a solid mid-tier market with a score of 5.1/10. The median home price is $175,000 with a 7.7% average cap rate.

What is the average cap rate in Oklahoma City?

The average cap rate in Oklahoma City, OK is 7.7%. The median home price is $175,000 with a median monthly rent of $1,250, resulting in a rent-to-price ratio of 0.71%.

What are the property taxes in Oklahoma City?

The effective property tax rate in Oklahoma City, OK is 0.90%. On a $175,000 property, that translates to approximately $1,575 per year in property taxes.

How does Oklahoma City compare to other house hacking markets?

Among our 52 tracked markets, Oklahoma City, OK ranks #15 for house hacking investing. It performs above average for this strategy.

Can I FHA-finance a house hack in Oklahoma City?

With a median home price of $175,000, most 2-4 unit properties in Oklahoma City, OK should fall within FHA loan limits. An FHA loan with 3.5% down would require approximately $6,125 as a down payment. Rental income from additional units (median $1,250/month each) can significantly offset your mortgage payment.

Run Your Own Numbers for Oklahoma City

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