Best Places to Buy Rental Property in Oklahoma (2026)

The cheapest place to buy in Oklahoma is also the best place to collect rent on it. Lawton closed at a median of $138,500 and asks $1,150 a month, which is 10.0 percent gross before any cost. Enid is close behind at 9.2 percent. Oklahoma City, the busiest market on the list with about 627 closings a month, sits seventeenth of 20 at 6.9 percent. The table shows the 20 highest-yielding markets among 27 Oklahoma cities meeting the coverage requirements; the yield range above describes the markets shown. A second table lists one city with enough closings to price but too few rental listings to rank.

The ranking

Gross yield here is an asking rental yield screen: twelve times the median asking rent over the median closed price, before taxes, insurance, vacancy, management or repairs. Sales use municipal boundaries. Rental listings use the associated city name and may cover a wider postal area. The ratio therefore compares related, but not perfectly matched, market samples, and a home bought at the median price does not necessarily earn the median rent. Confirmed-close medians appear where at least 30 confirmed lease closes were recorded in the window.

City by city

1. Lawton, 10.0 percent gross

At $138,500 to buy and $1,150 a month to rent, Lawton yields 10.0 percent gross on 638 tracked closings. Houses there closed at about $94 per square foot. Full detail is on the Lawton market page.

2. Enid, 9.2 percent gross

The numbers: $155,750 median closed price across 388 closings, $1,200 median asking rent across 273 listings, 9.2 percent gross. Full detail is on the Enid market page.

3. Guthrie, 9.2 percent gross

Rent is what puts Guthrie third here; on price alone it would sit seventh of 20. The numbers: $207,825 median closed price across 164 closings, $1,600 median asking rent across 195 listings, 9.2 percent gross. Full detail is on the Guthrie market page.

4. Midwest City, 8.9 percent gross

Homes in Midwest City closed at a median of $165,000 over the last six months and the median asking rent in the last twelve months was $1,225, a gross yield of 8.9 percent. The Midwest City market page carries the monthly figures.

5. Moore, 8.6 percent gross

Rent is what puts Moore fifth here; on price alone it would sit ninth of 20. At $220,000 to buy and $1,573 a month to rent, Moore yields 8.6 percent gross on 499 tracked closings. See the Moore page for the property mix and the price band.

6. Yukon, 8.4 percent gross

Yukon ranks sixth on yield but only thirteenth on entry price: the $1,650 median asking rent is doing the work, not a cheap purchase. The numbers: $235,000 median closed price across 179 closings, $1,650 median asking rent across 1,741 listings, 8.4 percent gross. Houses there closed at about $143 per square foot. See the Yukon page for the property mix and the price band.

7. Claremore, 7.9 percent gross

Claremore moves fast, 10 days from listing to contract at the median, which matters more than its 7.9 percent yield if you cannot close quickly. At $218,875 to buy and $1,445 a month to rent, Claremore yields 7.9 percent gross on 198 tracked closings. See the Claremore page for the property mix and the price band.

8. Shawnee, 7.8 percent gross

A low entry price does not carry Shawnee far: it is fourth cheapest on this list and eighth on yield, with rent of $1,200 against a $184,200 median price. Homes in Shawnee closed at a median of $184,200 over the last six months and the median asking rent in the last twelve months was $1,200, a gross yield of 7.8 percent. The Shawnee market page carries the monthly figures.

9. Mustang, 7.7 percent gross

Mustang ranks ninth on yield but only fifteenth on entry price: the $1,675 median asking rent is doing the work, not a cheap purchase. At $260,000 to buy and $1,675 a month to rent, Mustang yields 7.7 percent gross on 198 tracked closings. Houses there closed at about $159 per square foot. Full detail is on the Mustang market page.

10. Collinsville, 7.7 percent gross

Collinsville ranks tenth on yield but only sixteenth on entry price: the $1,695 median asking rent is doing the work, not a cheap purchase. At $265,450 to buy and $1,695 a month to rent, Collinsville yields 7.7 percent gross on 258 tracked closings. The Collinsville market page carries the monthly figures.

11. Newcastle, 7.5 percent gross

Newcastle ranks eleventh on yield but only seventeenth on entry price: the $1,695 median asking rent is doing the work, not a cheap purchase. At $270,000 to buy and $1,695 a month to rent, Newcastle yields 7.5 percent gross on 249 tracked closings. See the Newcastle page for the property mix and the price band.

12. Ardmore, 7.3 percent gross

A low entry price does not carry Ardmore far: it is fifth cheapest on this list and twelfth on yield, with rent of $1,150 against a $190,000 median price. The numbers: $190,000 median closed price across 212 closings, $1,150 median asking rent across 189 listings, 7.3 percent gross. Houses there closed at about $118 per square foot. The Ardmore market page carries the monthly figures.

13. Choctaw, 7.2 percent gross

Rent is what puts Choctaw thirteenth here; on price alone it would sit nineteenth of 20. At $315,491 to buy and $1,900 a month to rent, Choctaw yields 7.2 percent gross on 245 tracked closings. The Choctaw market page carries the monthly figures.

14. Broken Arrow, 7.2 percent gross

Broken Arrow ranks fourteenth on yield but only eighteenth on entry price: the $1,795 median asking rent is doing the work, not a cheap purchase. The numbers: $299,950 median closed price across 1,214 closings, $1,795 median asking rent across 1,001 listings, 7.2 percent gross. Houses there closed at about $158 per square foot. The Broken Arrow market page carries the monthly figures.

15. Tulsa, 7.2 percent gross

Tulsa is cheaper than its yield rank suggests: eleventh on price, fifteenth on yield, because a $234,100 home there rents for only $1,395. Homes in Tulsa closed at a median of $234,100 over the last six months and the median asking rent in the last twelve months was $1,395, a gross yield of 7.2 percent. The Tulsa market page carries the monthly figures.

16. Stillwater, 7.1 percent gross

At $255,000 to buy and $1,500 a month to rent, Stillwater yields 7.1 percent gross on 389 tracked closings. See the Stillwater page for the property mix and the price band.

17. Oklahoma City, 6.9 percent gross

Oklahoma City is cheaper than its yield rank suggests: twelfth on price, seventeenth on yield, because a $234,344 home there rents for only $1,350. At $234,344 to buy and $1,350 a month to rent, Oklahoma City yields 6.9 percent gross on 3,762 tracked closings. Full detail is on the Oklahoma City market page.

18. Sand Springs, 6.7 percent gross

Sand Springs is cheaper than its yield rank suggests: tenth on price, eighteenth on yield, because a $227,500 home there rents for only $1,275. At $227,500 to buy and $1,275 a month to rent, Sand Springs yields 6.7 percent gross on 172 tracked closings. Houses there closed at about $153 per square foot. The Sand Springs market page carries the monthly figures.

19. Jenks, 6.7 percent gross

Homes in Jenks closed at a median of $339,954 over the last six months and the median asking rent in the last twelve months was $1,900, a gross yield of 6.7 percent. The Jenks market page carries the monthly figures.

20. Bartlesville, 6.6 percent gross

A low entry price does not carry Bartlesville far: it is sixth cheapest on this list and twentieth on yield, with rent of $1,100 against a $200,000 median price. Homes in Bartlesville closed at a median of $200,000 over the last six months and the median asking rent in the last twelve months was $1,100, a gross yield of 6.6 percent. The Bartlesville market page carries the monthly figures.

Priced, but too few rentals to rank

These cities cleared 100 tracked closings but fewer than 50 rental listings carried their name in the last twelve months, so no yield is printed for them.

How this ranking is built

• •Cities: every Oklahoma city where Resideline tracked at least 100 closings inside the municipal boundary in its reporting window (six or twelve months) and at least 50 rental listings under the city's name since September 10, 2025: 27 cities qualify and the table shows the 20 highest-yielding.
• •Prices: the median price homes closed at inside the city limits, from Resideline's tracked closings; the state comparison uses the statewide median of $254,400 across 30,219 closings.
• •Rents: the median advertised rent on rental listings Resideline tracked in the last twelve months, all property types, measured on the listings that carry the city's name (a postal footprint, wider than the city line in some places).
• •Confirmed-close medians: Observed rent blends two kinds of record: confirmed lease closes extracted from property records, and the final asking rent on listings that left Resideline tracking without a recorded close. Where a city has at least 30 confirmed closes in the window, their median is printed beside the asking figure; in the last twelve months about a quarter of Resideline's close episodes are confirmed closes. The asking and confirmed-close samples are separate, not paired, so a difference between their medians is not a measured gap on the same listings.
• •What is missing: taxes, insurance, vacancy, management and repairs, which turn a gross yield into a net one, and the unit mix, which differs between what sells and what rents.

Sources and related pages

• •Resideline tracked closings inside city limits (window per city, updated September 10, 2026) and rental listings since September 10, 2025; confirmed lease closes extracted from property records.
• •More Oklahoma rankings: Cheapest cities to buy a house in Oklahoma ranks the same kind of list with each city's price per square foot for houses, realized appreciation and days to contract beside the median, and Cap Rate by City ranks the Oklahoma cities Resideline tracks by gross rental yield. The Oklahoma housing market hub carries the statewide figures and the largest Oklahoma markets by closings.
• •Asking rent vs observed rent compares live asking rents with final asking rents under that study's own definition; it says nothing about confirmed lease closes.

Prepared with Resideline's research pipeline and reviewed by Jeffrey Batista, Resideline's founder.