Why These 6 Oklahoma Cities Are Hidden Gems for Real Estate Investment!

by Cadence Real Estate

Oklahoma has long been known for its friendly people, affordable cost of living, and wide-open spaces. But lately, it’s become a hotbed for real estate investors looking for strong rental potential and steady appreciation.

If you're searching for the next smart move, don’t overlook these six commuter cities near Oklahoma City and Lawton. They’re small, but mighty when it comes to opportunity.

Why These Cities Make Sense for Investors 🔑

Low cost of entry - Did you know that you can buy a brand new rent-ready home for under $160,000?
Landlord-friendly legislation making it easier to investors to keep their cashflow
Minimal new construction = less competition
Growing local economies
Strong rental demand from commuters, students, and military personnel
Professional property management already in place in several cities

1. Lawton, OK

Population: ~90,000
Low cost of living
Anchored by Fort Sill, a major military base
Strong rental demand due to military personnel rotations, local manufacturing plants (Goodyear, Bar-S Foods, and several other major employers)
Recent expansion of amenities in the city, including a sports training facility
Convenient location between Dallas and OKC
Growing job market and solid infrastructure

💡 Pro Tip: Investors love Lawton for its consistent occupancy rates and military-backed rental pool.

2. Blackwell, OK

Small but mighty at ~8,500 residents
Oklahoma Dept of Commerce recently funded a $17mm expansion bringing new jobs
Strategically located between Wichita and OKC
High rental demand with recent homes renting at $1,200/month
Very little new construction = low competition

✅ Great pick for long-term cash flow with low acquisition costs. Short-term rentals excel in Blackwell with many workers with long-term contracts.

3. El Reno, OK

~17,000 residents
Just 25 minutes from OKC, with easy access to major highways
Active job market: manufacturing, distribution, and rail
Close to the metro, but still has that small-town feel

🏗️ Investors are looking at El Reno for commuter-friendly builds and strong tenant interest.

4. Chickasha, OK

Midpoint between Lawton and OKC
County seat for Grady County, OK
New major industrial plant was just approved to be built in Chickasha bringing thousands of jobs
~16,000 residents and home to University of Science and Arts of Oklahoma
Same trusted property management company as Lawton
Affordable properties, low PM fees (just 8%), and a solid rental base

🏠 Bonus: College towns often attract consistent tenant turnover and demand.

5. Perry, OK

~5,000 residents
North of OKC, with significant economic development
Toro (formerly Ditch Witch) recently added 100+ new jobs
Room for appreciation as growth continues

📈 Perry is quietly growing—making it a sleeper hit for early investors.

6. Shawnee, OK

~31,000 residents
Only 40 minutes from downtown OKC
Hub for manufacturing and aviation
Near Tinker Air Logistics Center – one of the largest military maintenance facilities in the world

🔧 If job stability is your game, Shawnee delivers with over 70 industrial employers.

Final Thoughts

With its steady growth, affordable housing, and high rental demand, Oklahoma is quickly emerging as a top-tier real estate investment destination. These six cities offer undervalued properties, steady rental income, and room for long-term appreciation. Want to invest in Oklahoma? Reach out to us at invest@uvestly.com.

All financial information is deemed reliable but not guaranteed. Performance & projections are estimated and subject to change. The provider shall be held harmless if returns are not met. All Investments have risks and Investors are urged to perform their own due diligence. Cash flow amounts are estimated and are subject to change.

**Blog credit: Heather Mercant at Builders Investment Group