ZIP 73142 presents a cross-market tension: the asking-rent history is positive across the reported horizons, while the direct ZIP resale price measure is lower year over year. Its current Zillow ZORI is $1,186 per month. The five-digit label is both Zillow’s ZIP market identifier and the matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. Zillow ZORI is a typical observed asking-rent index blended across rental types, so its current level is a market index rather than a quote for a particular home, lease, or bedroom count. That scope matters because the rental evidence, the Census survey, HUD standards, and ZIP resale measures answer different questions.
The historical pattern is positive but not uniform: exact same-month ZORI changes annualize to 2.7% over 1 year, 2.5% over 3 years, and 2.9% over 5 years through the stated endpoint. The latest pace is close to the longer record and below the five-year pace, so recent direction confirms rather than breaks from the longer upward path. Annualized monthly-return variability was 3.0%, and the maximum drawdown was -3.6%; those backward-looking measurements make a single current index reading informative but not a fixed rent quote. The supplied history has 100% coverage. Its transparent national discovery ranks were 1,181 for momentum, 1,556 for stability, and 1,323 for the balanced measure, where a lower rank is higher.
The matched Census ACS five-year survey of occupied renter homes reports median gross rent of $1,267, which includes selected utilities and is not an asking-rent series. The Zillow index is 6.4% below that survey median; this is a source-universe comparison, not evidence that a listed unit includes or excludes utilities. Wider Zillow asking-rent values are context only: the ZIP index is lower than the Oklahoma City city-context rent, the Oklahoma County county-context rent, and the Oklahoma City, OK metro-context rent. None of those city, county, or metro figures substitutes for a ZIP listing or the ZCTA survey.
Bedroom figures should be read as modelled estimates, never as measured bedroom rents. Scaling the ZIP ZORI by the supplied local HUD ladder produces $896 for a studio, $966 for one bedroom, $1,186 for two bedrooms, $1,599 for three bedrooms, and $1,775 for four bedrooms. The local HUD two-bedroom standard is $1,350. HUD FMR/SAFMR is an administrative, bedroom-specific standard, not asking rent; the calculated ladder therefore supplies a consistent scaling device, not proof of current rents, availability, quality, or utilities for any bedroom type.
The affordability and occupancy figures add a different household lens. Annualizing the current index produces a $47,440 required-income screen at 30%; it is arithmetic, not advice and not an applicant qualification rule. The ZCTA’s ACS median household income is $81,818, but that aggregate statistic cannot identify any renter’s income. ACS estimates that 46.3% of renter households carried gross-rent burdens at or above that threshold. The ZCTA has 8,329 housing units: 65.4% are single-family units and 9.3% are in large multifamily structures. Its 4.5% vacancy rate includes 162 units vacant for rent and 129 vacant for sale, neither of which proves availability or burden for a particular property.
Resale evidence creates the report’s clearest cross-market tension. In Redfin’s direct rolling-three-month ZIP for-sale observation, the median sold price was $416,406, down 8.5% year over year, while the ZORI history remained positive on each reported horizon. The same resale observation records 103 homes sold, 33 median days on market, inventory of 101 homes, and 3.0 months of supply. Average sale-to-list was 98.8%, and 14.0% of sales closed above list. These are direct resale liquidity and pricing signals, not rental transactions. The price decline challenges any simple reading that the positive asking-rent record must coincide with stronger resale pricing; it does not establish a causal link between the series.
Annualizing ZIP ZORI and dividing it by the Redfin median sold price gives a 3.42% cross-source screening ratio. It is not a cap rate, net return, expected return, or property yield. The numerator is a blended typical asking-rent index and the denominator is a median of closed ZIP sales; the arithmetic does not pair the same homes or incorporate property-level costs, occupancy, financing, or transaction details. The lower ZIP asking-rent index versus wider contexts can coexist with the resale median and its annual decline, but the packet cannot translate that coexistence into property economics or a forecast.
These measures have different observation dates, units, and populations, so no one figure validates another. The ZCTA survey is a statistical-area estimate rather than a USPS delivery-ZIP roster, the HUD figure is a standard, and the resale series covers sales rather than leases. Before applying this evidence to a specific property, verify its address falls within the relevant ZIP market and ZCTA match, then check advertised rent, bedroom count, utilities, lease term, listing date, and whether a bedroom model is appropriate. For a sale comparison, check the closed-sale date, property type, condition, listing-versus-sale status, and the terms behind any sale-to-list result. Aggregate vacancy and burden cannot demonstrate a specific unit’s availability or a household’s payment position. Does the actual property pass those scope and record checks?