Is Oklahoma City, OK a Good STR Investment in 2026?
2,252 active listings
Top Market
Median Price
$259,300
STR Revenue/mo
$2,150
Cap Rate
3.2%
1Y Appreciation
-0.3%
Avg Nightly Rate
$138
Market Score
97.7/100
Market Overview
Oklahoma City, OK presents a strong opportunity for real estate investors in 2026, with a market score of 97.7 out of 100. The median home price sits at $259,300 with average short-term rental revenue of $2,150 per month, yielding a 3.2% cap rate.
Short-Term Rental Performance
Short-term rental hosts in Oklahoma City average $2,150 in monthly revenue with a 59.2% occupancy rate. This translates to approximately $25,800 in annual gross revenue for a typical listing. The average nightly rate is $138.
Investment Analysis
Assuming a 20% down payment at 7% interest on a $259,300 property, your monthly mortgage would be approximately $1,380. After accounting for mortgage, taxes, and insurance, the estimated monthly cash flow for an STR is -$691.
The long-term rental market shows potential with median rents at $1,365 per month. Home values have declined 0.3% year-over-year, so investors should factor in potential equity loss when evaluating returns.
Our Verdict
Oklahoma City ranks among the top investment markets with a score of 97.7/100. However, declining home values (-0.3%) mean investors should focus on cash flow rather than equity growth.