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Lawton city, OK

ZIP 73505 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 73505

Median Home Value
$147,200
Median Rent
$701
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$946/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 73505 in Lawton city, OK, a household would need roughly $41,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $946. That sits below the local median household income ($57,496), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
52.1%-20% vs US avg
x
Vacancy Rate
13.7%+33% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
22.1%-55% vs US avg
x
Mortgage-Free
38.8%+2% vs US avg
x
$147,200
Home Value
$701
Rent
1976
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.3%
  • 1-unit attached2.2%
  • 2-9 units12.5%
  • 10+ units10.8%
  • Mobile home & other2.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$147,200
Median rent$701
Owner-occupied52.1%
Vacant13.7%
Price-to-income2.6x
Est. income to buy$41,000