Lawton, OK Rental Market
Lawton is a military community anchored by Fort Sill, one of the US Army's primary artillery and air defense training installations with over 20,000 military personnel and civilian employees. The base drives predictable, volume-driven rental demand from soldiers and their families — many of whom receive Basic Allowance for Housing — creating a market that prioritizes reliable occupancy over premium rent growth, with very low median home prices offering high gross yields for patient investors.
Get a rent estimate for an address in LawtonAverage Rent in Lawton, OK
$880
per month · 2026-06
Market Score
Key Facts — Lawton, OK Rental Market
- Average rent in Lawton, OK:$880/mo
- Median rent:$810/mo
- Rent range:$450 – $1,950/mo
- Most common rental (2 bedrooms):$775/mo
- Active listings:380
- Avg days to lease:38 days
- Year-over-year change:+2.0%
- Median home value:$140,000
- Est. gross annual yield:7.5%
- Data as of:2026-06
Rent by Bedroom in Lawton, OK
Average monthly rent for each bedroom type based on current active listings in Lawton.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $625/mo |
2 Bedrooms | $775/mo |
3 Bedrooms | $1,000/mo |
4 Bedrooms | $1,225/mo |
5 Bedrooms | $1,375/mo |
Lawton Rental Market Statistics
Key indicators from the current Lawton, OK rental market.
380
Available now in Lawton
38
From list to lease
$0.70
Average across listings
1,250 sq ft
Typical rental size
$450 – $1,950
Min to max active listings
+2.0%
Avg rent vs. prior year
Investing in Lawton, OK Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$140,000
Typical purchase price in Lawton
Est. Gross Annual Yield
7.5%
Before expenses & vacancy
Avg Monthly Income
$880
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Lawton for a full cash-flow breakdown including all costs.
Lawton, OK Rental Market FAQ
Common questions about renting and investing in Lawton, OK.
What is the average rent in Lawton, OK?
The average rent in Lawton, OK is $880 per month as of 2026 — the most affordable market in our Oklahoma coverage. One-bedroom apartments average $625/mo, two-bedrooms average $775/mo, and three-bedroom homes average $1,000/mo. Properties near Fort Sill on the north side of the city see the highest and most consistent demand from military families.
Is Lawton, OK a good place to invest in rental property?
Lawton offers a 7.5% estimated gross annual yield, the highest in our Oklahoma coverage, driven by very low median home values near $140,000. Fort Sill's 20,000+ personnel create reliable BAH-backed rental demand with predictable leasing cycles tied to PCS (permanent change of station) movements. Best suited for investors who understand military market dynamics and can tolerate summer leasing concentration.
How competitive is the Lawton, OK rental market?
Lawton averages 38 days on market with approximately 380 active listings — a moderately paced market with seasonal peaks in summer when Fort Sill PCS transfers occur. Properties within a short drive of the base gate see the strongest demand, while areas further from Fort Sill have more gradual absorption. Pricing competitively against BAH rates for each rank level is key to minimizing vacancy.
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