Updated 2026 · Based on median market data for Tahlequah, OK
The median monthly rent in Tahlequah, OK is $1,210, translating to $14,520 in annual gross rental income per unit. The rent-to-price ratio is 0.59% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Tahlequah spend approximately 26% of the local median household income ($56,350) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.
The vacancy rate in Tahlequah 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.
Tahlequah's GRM (price divided by annual rent) is 14.1x. 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 $1,210/mo, a single-family rental in Tahlequah generates approximately $14,520 in gross annual income. After accounting for 5.8% vacancy ($842 lost), property taxes of $1,804, insurance (~$820), and maintenance (~$820), the estimated NOI is $10,234 per year, or $853/mo.
Tahlequah vs Oklahoma state average and national average across key investment metrics. Tahlequah beats the national average but trails the Oklahoma average on cap rate.