Tulsa’s Market Is Shifting — Are You Ready?
Tulsa’s real estate market is evolving. While home prices remain strong, with the median sale price reaching approximately $249,000, inventory is ticking upward. (Redfin) That means more options for buyers — and more competition for rental property owners.
As a landlord or investor in Tulsa, especially in hot neighborhoods like Midtown, Brookside, or Broken Arrow, it’s crucial to understand what this trend means for your rental performance and long-term ROI.
What Rising Inventory Signals
When inventory rises, the market becomes more balanced — shifting some power from sellers (or landlords) to buyers (or tenants).
Here’s what we’re seeing:
More listings: Tulsa and broader Oklahoma are seeing more homes hitting the market.
Stable price growth: Prices are still rising (~3.7% YOY), but not at 2021-2022 levels.
Greater tenant choice: Renters can now afford to be choosier.
How This Impacts Tulsa Landlords
1. Higher Vacancy Risk
More available units mean renters have more choices — and that can lead to longer lease-up times if your property isn’t competitive.
Solution: Don’t just list and wait. Invest in strategic marketing, high-quality photos, and strong online listings.
2. Staging & Presentation Matter More
In a tighter market, appearance counts. Properties that show well rent faster.
Solution: Fresh paint, updated fixtures, clean landscaping — especially in competitive areas like South Tulsa or Jenks — can set your unit apart.
3. Rent Prices May Flatten
If inventory keeps rising, landlords won’t be able to hike rents as aggressively.
Solution: Stay data-driven. Review comparable rentals in your neighborhood monthly and adjust accordingly.
Smart Moves for Rental Property Owners in Tulsa
Whether you own one unit in Owasso or a portfolio across Downtown Tulsa and Bixby, here’s how to stay ahead:
✅ Maintain Like a Pro
Deferred maintenance gets noticed in a market with more choices. Regular inspections and preventive care protect your asset and attract better tenants.
✅ Highlight Amenities
Do you offer in-unit laundry? Smart home features? Walkability to Cherry Street? Market that! Tenants are drawn to value.
✅ Offer Flexible Leasing Terms
Month-to-month or shorter lease options may appeal to a broader audience — including relocating professionals or students at TU or OSU-Tulsa.
Why Partnering With a Full-Service Property Manager Helps
At Coyote Property Management, we help Tulsa landlords navigate market changes with:
Expert rent pricing strategies
Staging and vendor coordination
Professional tenant screening
Fast leasing and low vacancy rates
We’re veteran-owned and Tulsa-focused — and we believe in building long-term wealth through real estate.
Visit www.coyotepmc.com or call 918-880-3007 to find out how Coyote Property Management can help your rentals thrive — even in a shifting Tulsa market.