Elk City, OK

Key Performance Metrics

Market snapshot

Performance indicators for the Elk City short-term rental market based on reliable data.

Listings

20 / 28

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$18,367

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$164,621

Median Home Sale Price

Top Earners

$29,079

Top-Earners Revenue

Elk City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elk City.

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Very Investor friendly

Elk City Regulations

STRs are permitted citywide under state law with no identified city-level bans or caps, and only standard tax registration, health/safety, and zoning compliance apply. No special STR licensing or local occupancy taxes were found, keeping the process simple and low‑cost.

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About Elk City

Elk City is a city in Beckham County, Oklahoma, United States. The population was 11,561 at the time of the 2020 census, a slight decrease from the 11,693 figure of the 2010 census. Elk City is located on Interstate 40 and Historic U.S. Route 66 in western Oklahoma, approximately 110 miles (180 km) west of Oklahoma City and 150 miles (240 km) east of Amarillo, Texas.