Weatherford, OK

Weatherford, Oklahoma, is assessed here as a metropolitan or micropolitan statistical area with population 39,074. It has direct evidence for a decision screen, but not the requested rent-momentum comparison: Zillow does not publish a trailing-12-month rent change for the supplied series. The 12-month rent change is unavailable, so this report assigns neither a score nor a rank. Its frame is rent and value levels, affordability screens, labor and supply, migration, mortgage occupancy, and hazard exposure—not an appreciation or rent-growth narrative. Each source has a different date and coverage. The decision question is whether these market-wide measures fit the particular rental, ownership, or investment choice under review; that still requires verification of current offerings, terms, and costs.

At 2026-06-30, Zillow’s asking-rent index is $915 and its home-value index is $182,775. Zillow’s supplied year-over-year home-value rate is 0.0419, and the packet’s gross-yield measure is 0.0601. The monthly asking-rent level and value level are direct screens, but the supplied gross-yield measure cannot be reconciled to an operating return because expense inputs are absent. Nor is the home-value rate rent growth. Zillow’s asking-rent and home-value indexes answer different questions, and the missing rent history prevents a statement about recent rent direction. The packet establishes current index levels and a home-value change rate, not lease renewals, achieved rents, vacancy, concessions, or cash flow. Zillow thus supports a level-based economic read, not a rent-momentum rank.

Census ACS reports median household income of 60,977, alongside supplied rent-to-income ratio 0.18 and price-to-income ratio 3.0. HUD’s FY2026 two-bedroom FMR is $937; against Zillow’s $915 asking-rent index, the calculated difference is $22 and the supplied rent-versus-FMR ratio is 0.976. This is an affordability boundary, not a finding that any household can afford a unit or home. Census measures household income, HUD supplies an administrative two-bedroom benchmark, and Zillow provides an asking-rent index. They do not identify actual income, contract rent, unit-size match, or ownership payment. The near-level comparison leaves lease terms and unit composition to investigate; it cannot establish residents’ burden. Price-to-income likewise excludes financing and non-price costs.

Labor, construction, and listing indicators are mixed. BLS LAUS reports metro employment change of -0.0046 over the 12 months to 2026-05. Census Building Permits Survey records 62 permitted housing units in 2026 year to date through M06, 0 in the supplied 5-plus-unit measure, 1.59 permits per 1,000 people, and supplied five-plus-unit percentage 0.0. Redfin at 2026-05-01 reports 4.3 months of supply from 4.7 previously and median days on market of 14 from 35. Those are calculated declines of 0.4 months and 21 days. Yet Redfin’s price-drop share is 0.2667 versus 0.2525, a calculated increase of 0.0142; sale-to-list is 0.9804. Lower supply and shorter marketing time coexist with a higher price-drop share. This describes no single direction for every listing and says nothing directly about completed rentals.

IRS migration aggregation records 950 movers in and 1,041 movers out, for supplied net migration of -91. AGI in is 46,457 while AGI out is 45,535, leaving the supplied gap of 922. These are tax-return migration and income measures aggregated to the market, not counts of all people or a measure of tenant demand. HMDA supplies a different, narrower mortgage view: in 2024, 266 purchase mortgages include 38 investor purchases, for supplied investor share 0.1429. The migration balance and AGI comparison point in different directions. HMDA identifies investor participation within purchase mortgage occupancy evidence, not the entire sale market. The packet does not connect either source to rental occupancy, lease demand, or future transactions.

FEMA’s National Risk Index supplies the packet’s direct hazard evidence: inland flood is the top hazard, classified as water, with climate loss ratio 0.001636 and risk score 53.7. These are expected annual loss and risk-index evidence, not a site-specific flood finding, insurance premium, claim history, or repair-cost estimate. Cost-level evidence is limited to Zillow’s $915 asking-rent level and $182,775 home-value level, plus HUD’s $937 two-bedroom FMR. No property-tax, insurance, maintenance, utility, financing, or flood-policy cost is supplied. FEMA therefore identifies an exposure question without quantifying an individual renter’s or owner’s exposure. Comparing this market-wide risk signal with rent, value, or gross-yield screens remains incomplete until applicability and costs are documented for the decision context.

Taken together, the evidence supports due diligence rather than a market conclusion. Start by confirming Zillow’s asking-rent sample, unit mix, and whether additional history establishes the missing 12-month rent change; until then Weatherford remains unscored and unranked. Reconcile Census ACS income, HUD’s FMR, and Zillow rent against the relevant unit types and lease terms, without converting ratios into realized burden. Then test the BLS employment reading against Census Building Permits Survey and Redfin evidence: the concurrent movements in supply, marketing time, and price drops require listing-composition or transaction context. Distinguish IRS mover flows from HMDA mortgage occupancy evidence, then obtain decision-specific occupancy and financing inputs. Finally, document FEMA inland-flood applicability and cost inputs. A renter can examine terms and exposure; a landlord or small investor can examine revenue assumptions and expenses. The packet supports no rent-momentum score, market rank, forecast, or property conclusion.