Is El Reno, OK a good place to invest in rental property?

El Reno, OK has a median modeled monthly cash flow of $-248 and a median cap rate of 4.9%, on a median sold price of $195,000. Prices changed +3.7% year over year.

What is the average cap rate in El Reno, OK?

The median cap rate across recently sold homes in El Reno, OK is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in El Reno, OK?

The median sold price in El Reno, OK is $195,000 (about $139 per square foot).

Investing in El Reno, OK Real Estate

A data-driven snapshot of the El Reno, OK rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$195,000Median sold price

$139Median $/sqft

4.9%Median cap rate

$-248Modeled cash flow / mo

+3.7%Appreciation YoY

14.0Months of supply

312Active listings

267Sold (last 12 mo)

What the El Reno numbers say

In El Reno, OK, the median home sold for $195,000 (about $139 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-248 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 14.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Oklahoma markets to compare

See El Reno cash-flowing listings

CashFlowRE ranks every for-sale home in El Reno, OK by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen El Reno deals, or browse the national market data.