Miami, OK

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

24 / 57

Reliable / Active

Cap Rate

19%

Middle-Earners Gross Yield

Revenue

$24,068

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$129,943

Median Home Sale Price

Top Earners

$42,972

Top-Earners Revenue

Miami

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Miami.

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F

Irrelevant

Miami Regulations

The provided summary is empty and does not describe any STR rules for OK,miami or any city, so there are no city-relevant details to evaluate.

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About Miami

Miami is a small city in Ottawa County, in the far northeastern corner of Oklahoma, with a population of roughly 13,000 residents. It sits in a region shaped by its Native American heritage, its proximity to the Ozark foothills, and the recreational draw of nearby Grand Lake o' the Cherokees. Miami is best known as a regional hub for the surrounding tri-state area and as a gateway to the lake country of northeast Oklahoma. The nearest major city is Tulsa, located approximately 80 to 85 miles to the southwest, while the smaller city of Joplin, Missouri, lies about 25 to 30 miles to the east.

The Coleman Theatre is one of Miami's most distinctive landmarks, a restored 1929 movie palace and performance venue in the downtown area. Listed on the National Register of Historic Places, the theater retains its original Spanish Colonial Revival architecture and hosts a steady calendar of concerts, films, and community events. It sits within walking distance of most of the city's central lodging and dining options, making it a natural anchor for visitors exploring the historic core.

Just a short drive southeast of Miami, Grand Lake o' the Cherokees is the area's marquee outdoor destination. Spanning roughly 46,500 acres with more than 1,300 miles of shoreline, the lake offers boating, fishing, swimming, and lakeside dining across several small communities. The closest access points are about 15 to 20 minutes from Miami, with larger marinas and state parks scattered around its perimeter and a year-round calendar of regattas and fishing tournaments.

Northeastern Oklahoma A&M College, commonly known as NEO, is a longstanding two-year college in Miami and a significant presence in the local economy and culture. The campus draws students from across the region and supports athletic, theatrical, and community events that give the town an active calendar throughout the year, including family weekends, graduation ceremonies, and sporting events that fill local lodging.

A bit farther afield, the twin cities of Joplin, Missouri, and the surrounding Ozark region provide additional day-trip options, including Route 66 heritage sites, museums, and outdoor recreation. Closer to Miami, the area's tribal nations, including the Miami Tribe, the Quapaw, and the Peoria, host cultural events and powwows that reflect the deep Indigenous history of northeastern Oklahoma.

For short-term-rental investors, Miami offers a blend of small-town affordability, historic character, and access to one of Oklahoma's largest recreational lakes. Its position between Tulsa, Joplin, and the Grand Lake region gives it a steady draw from road-trippers, lake-goers, and cultural tourists, while the Coleman Theatre and NEO provide year-round reasons for visitors to book a stay.

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