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Elk City, OK

Full City Profile · Oklahoma · Beckham County County

2.8 /5.0
C+ Fair
11,406 Population 710/sq mi density
$49,500 Median Income $26,572 per capita
$165,300 Home Value $164,621 Zillow
$850 Median Rent 31.8% income on rent
61°F Avg Temperature 318 sunny days/yr
113 Violent Crime/100K 2,181 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$49,500 median income, 3.5% unemployment
A+
Affordability
4.8 / 5.0
$165,300 home value, $850/mo rent
F
Safety
1.0 / 5.0
113 violent crimes/100K
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher

Housing Overview

Median Home Value
$165,300
41% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
62.3%
5% below US avg (65.4%)
Total Housing Units
6,154
Median year built: 1982

Home Value by Source

Census Median
$165,300
Zillow (ZHVI)
$164,621
Median Sale Price
$190,000
Median List Price
$205,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.3%
Owner-Occupied
37.7%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$744/mo
1 Bedroom
$791/mo
2 Bedroom
$995/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,501/mo
Census median rent: $850/mo

Market Indicators (Redfin)

Median Days on Market
95 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
19
Price Drops
20.4%
of listings with price reduction
Price Per Sq Ft
$108
Active Inventory
54
homes for sale

Affordability & Housing Stock

Rent Burden
31.8%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
62.3%

Complete Housing Data

Home Values

Census Median Value$165,300
Zillow Home Value (ZHVI)$164,621
Median Sale Price$190,000
Median List Price$205,000
Price Per Sq Ft$108

Rent

Census Median Rent$850
FMR Studio$744
FMR 1-Bedroom$791
FMR 2-Bedroom$995
FMR 3-Bedroom$1,297
FMR 4-Bedroom$1,501

Market

Days on Market95
Sale-to-List Ratio0.9%
Price Drops20.4%
Homes Sold19
Active Inventory54
Price Per Sq Ft$108

Ownership & Stock

Owner-Occupied62.3%
Renter-Occupied37.7%
Homeownership Rate62.3%
Total Housing Units6,154
Median Year Built1982
Rent Burden31.8%