Best Places to Buy Rental Property in Oklahoma (2026)

We ranked all 30 Oklahoma counties that have both a median home price and a median rent, ordered by the cap rate a median-priced rental would produce. Woodward County leads at 8.4%, with a median price of $139,482.

Oklahoma counties ranked by cap rate

#MarketCap rateMedian priceMedian rentCash flowAnalyze
1Woodward County, OK8.4%$139,482$1,508$249Run numbers
2Okmulgee County, OK8.1%$130,622$1,350$193Run numbers
3Garfield County, OK6.9%$142,534$1,268$77Run numbers
4Jackson County, OK6.7%$114,041$980$39Run numbers
5Stephens County, OK5.7%$144,226$1,056-$70Run numbers
6Comanche County, OK5.6%$158,381$1,129-$96Run numbers
7Pittsburg County, OK5.4%$150,141$1,045-$108Run numbers
8Noble County, OK5.4%$161,822$1,125-$117Run numbers
9Washington County, OK5.3%$187,415$1,261-$163Run numbers
10Bryan County, OK5.2%$228,608$1,531-$203Run numbers
11Carter County, OK5.1%$178,422$1,172-$174Run numbers
12Kay County, OK5.0%$117,379$745-$131Run numbers
13Oklahoma County, OK4.7%$224,768$1,356-$297Run numbers
14Creek County, OK4.7%$219,715$1,319-$294Run numbers
15Muskogee County, OK4.7%$159,230$951-$217Run numbers
16Pottawatomie County, OK4.5%$193,752$1,131-$281Run numbers
17McClain County, OK4.5%$286,779$1,665-$421Run numbers
18Canadian County, OK4.5%$273,977$1,585-$406Run numbers
19Osage County, OK4.5%$218,571$1,250-$334Run numbers
20Wagoner County, OK4.5%$285,973$1,630-$440Run numbers
21Mayes County, OK4.4%$220,980$1,248-$347Run numbers
22Pontotoc County, OK4.4%$191,113$1,080-$300Run numbers
23Payne County, OK4.3%$245,289$1,353-$407Run numbers
24Cleveland County, OK4.2%$255,911$1,389-$439Run numbers
25Tulsa County, OK4.2%$253,998$1,363-$446Run numbers
26Grady County, OK4.1%$248,056$1,317-$444Run numbers
27Cherokee County, OK4.1%$213,946$1,129-$388Run numbers
28Rogers County, OK4.1%$285,221$1,490-$527Run numbers
29Custer County, OK3.9%$182,788$915-$364Run numbers
30Logan County, OK3.4%$317,574$1,377-$770Run numbers

Looking for every county in the state, including those without rent data? Browse the full Oklahoma market directory.

How this ranking is calculated

We scored 30 counties in Oklahoma and ranked them by capitalization rate, calculated as annual net operating income divided by median home price. Markets without both a median home price and a median rent are excluded, because cash flow cannot be estimated without both.

Every figure assumes a median-priced home rented at the local median rent, financed with 20 percent down on a 30-year loan at 6.85%, with closing costs at 3 percent of price and operating costs at 35 percent of rent. Operating costs cover taxes, insurance, maintenance, vacancy, and management.

These are modeled estimates for comparing markets, not quotes on a specific property. A real deal turns on the individual property, its condition, and the actual rent it can command. Run any market that interests you through the calculator with real numbers before you make an offer.

National rankings

Compare Oklahoma against the rest of the country.

Other states

States with fewer than 5 counties reporting both price and rent are omitted, because a ranking that short would not be meaningful.

Run the numbers on a Oklahoma property

Start from Woodward County median values and replace them with a real listing price and rent to see whether the deal actually works.