Updated 2026 · Based on median market data for Ardmore, OK
The median monthly rent in Ardmore, OK is $1,170, translating to $14,040 in annual gross rental income per unit. The rent-to-price ratio is 0.67% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Ardmore spend approximately 25% of the local median household income ($56,350) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Ardmore is 5.8%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.9% annually provides stable demand.
Ardmore's GRM (price divided by annual rent) is 12.5x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,170/mo, a single-family rental in Ardmore generates approximately $14,040 in gross annual income. After accounting for 5.8% vacancy ($814 lost), property taxes of $1,540, insurance (~$700), and maintenance (~$700), the estimated NOI is $10,286 per year, or $857/mo.
Ardmore vs Oklahoma state average and national average across key investment metrics. Ardmore outperforms both benchmarks on cap rate.