Oklahoma City, OK variant. This is a Oklahoma City, OK-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Oklahoma City's gross rental yield - annual rent ÷ property price - is about 6.5%, based on $1,200/month rent on a $220,000 median home.
Rental yield in Oklahoma City
Gross yield = ($1,200 × 12) ÷ $220,000 = 6.5%. Net yield subtracts property tax (1.05%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Oklahoma City's yield is attractive for cash-flow investors.
About Oklahoma City, OK
Oklahoma City applies Oklahoma's state and local sales taxes, while the broader tax burden remains relatively modest.
Oklahoma City offers some of the more affordable home prices among large US metros.
Oklahoma City's economy is anchored by the energy sector, alongside government and aerospace, and its overall cost of living is well below the national average.
Worked example: Oklahoma City yield
Annual rent $14,400 ÷ price $220,000 = 6.5% gross. After 1.05% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $220,000
- Median rent: $1,200/mo
- Median household income: $65,135
- Local sales tax: 8.625%
- Effective property tax rate: 1.05%
- Cost of living index: 84 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Oklahoma City runs about 6.5%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.