How much is a home worth in ZIP code 73111?

The typical home in 73111 is worth $109,140, based on the Zillow Home Value Index.

Are home values rising in 73111?

Home values in 73111 are down 7.0% over the past year, and up 3.4% a year over five years.

What is the typical rent in 73111?

A typical home in 73111 rents for about $1,177 a month, a gross rental yield of 12.9%.

What is the property tax rate in 73111?

The effective property tax rate in 73111 is 0.6% — roughly $702 a year on a typical home.

ZIP code 73111 has a population of 10,727 and a median household income of $40,340.

HousingHandbookReference data

…

U.S. ZIP Code · OK73111

Oklahoma County · Oklahoma City, OK

Typical home value

$109,140^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -7.0%
5-year / yr: +3.4%
10-year / yr: +9.1%

Relative price

vs U.S.: -61.6%
vs metro: -51.4%
vs state: -40.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 73111 is worth $109,140 — 51.4% below the Oklahoma City, OK median. Over the past year, values have fallen 7.0%. Homes here rent for a typical $1,177 a month — a 12.9% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,177^[2]
Gross yield: 12.9%^[2]
Cap rate: 7.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $702^[3]

#Climate risk

FEMA National Risk Index ratings for Oklahoma County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 10,727^[3]
Median household income: $40,340^[3]

#Migration

Household moves in and out of Oklahoma County over a year, from IRS tax-return data.

Net migration: +157^[5]
Moved in: 20,867
Moved out: 20,710

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

M.L. KING JR. ES
Elementary · Grades PK–4 · OKLAHOMA CITY
514 students
MILLWOOD ES
Elementary · Grades PK–5 · MILLWOOD
508 students
THELMA R. PARKS ES
Elementary · Grades PK–4 · OKLAHOMA CITY
441 students
MILLWOOD HS
High · Grades 9–12 · MILLWOOD
332 students
MILLWOOD ARTS ACADEMY MS
Middle · Grades 6–8 · MILLWOOD
254 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield12.9%

Net yield (after ~40% expenses)7.8%

Annual rent$14,123

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$552

Loan principal$87,312

Down payment$21,828

Total interest paid$111,362

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.60

Monthly cost to own$701

Monthly rent$1,177

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 8th percentile^[1]
Rental yield: 96th percentile^[2]
Property tax: 27th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

6th for highest rental yield in OKView list →

Frequently asked

How much is a home worth in ZIP code 73111?: The typical home in 73111 is worth $109,140, based on the Zillow Home Value Index.
Are home values rising in 73111?: Home values in 73111 are down 7.0% over the past year, and up 3.4% a year over five years.
What is the typical rent in 73111?: A typical home in 73111 rents for about $1,177 a month, a gross rental yield of 12.9%.
What is the property tax rate in 73111?: The effective property tax rate in 73111 is 0.6% — roughly $702 a year on a typical home.
Who lives in 73111?: ZIP code 73111 has a population of 10,727 and a median household income of $40,340.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

73109 vs 73111 →
Oklahoma City, OK
Typical home
$113,411
Gross yield
9.8%
73119 vs 73111 →
Oklahoma City, OK
Typical home
$114,397
Gross yield
12.1%
74026
Davenport, OK
Typical home
$114,837
Gross yield
—
73117
Oklahoma City, OK
Typical home
$116,171
Gross yield
13.3%
73129
Oklahoma City, OK
Typical home
$101,156
Gross yield
14.5%
73149
Oklahoma City, OK
Typical home
$120,853
Gross yield
11.4%

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Compare ZIPs

Pit ZIP 73111 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OK73111

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