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Lawton city, OK

ZIP 73507 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 73507

Median Home Value
$155,400
Median Rent
$703
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$998/mo PITI).

14%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.4 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 73507 in Lawton city, OK, a household would need roughly $43,000 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 $998. That sits below the local median household income ($61,092), 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 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
56.8%-13% vs US avg
x
Vacancy Rate
18.1%+76% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
11.7%-8% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
28.4%-43% vs US avg
x
Mortgage-Free
40.1%+5% vs US avg
x
$155,400
Home Value
$703
Rent
1969
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached79.2%
  • 1-unit attached2.9%
  • 2-9 units11.4%
  • 10+ units1.4%
  • Mobile home & other5.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$155,400
Median rent$703
Owner-occupied56.8%
Vacant18.1%
Price-to-income2.5x
Est. income to buy$43,000