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

El Reno, OK has a median modeled monthly cash flow of $-266 and a median cap rate of 4.9%, on a median sold price of $193,000. Prices changed +2.2% 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 $193,000 (about $138 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.

$193,000Median sold price

$138Median $/sqft

4.9%Median cap rate

$-266Modeled cash flow / mo

+2.2%Appreciation YoY

12.2Months of supply

262Active listings

257Sold (last 12 mo)

What the El Reno numbers say

In El Reno, OK, the median home sold for $193,000 (about $138 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-266 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 12.2 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.