2024 · Oklahoma
Rental yield in Oklahoma
In 2024, the typical rental in Oklahoma produced a gross yield of 5.6% — $1,044/mo median rent against a $222K median home value, ranking 6th of 51 states.
5.6%
Gross rental yield
above the 4.9% U.S. median
$1,044/mo
Median gross rent
incl. utilities (ACS)
$222K
Median home value
owner-occupied (ACS)
Oklahoma metros by yield
Metropolitan areas in Oklahoma with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Lawton, OK | 6.9% | $1,001/mo | $173K |
| Enid, OK | 6.4% | $940/mo | $177K |
| Oklahoma City, OK | 5.5% | $1,162/mo | $253K |
| Tulsa, OK | 5.4% | $1,115/mo | $248K |
| Fort Smith, AR-OK | 5.3% | $906/mo | $207K |
Frequently asked questions
What is the gross rental yield in Oklahoma?
In 2024, Oklahoma had a gross rental yield of 5.6% — $1,044/mo median gross rent against a $222K median home value. That ranks 6th of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Oklahoma metros have the best rental yield?
Among Oklahoma metros covered by the data, gross yield was highest in Lawton, OK (6.9%), Enid, OK (6.4%), and Oklahoma City, OK (5.5%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Oklahoma
Yield shows where the numbers work; our Investor Financing Report for Oklahoma shows the rate premium, denial rate, and DSCR lending investors face there.
Run a Oklahoma deal
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.