Yukon Oklahoma Property Management

The purpose of this page is to provide some framework regarding property management in the Yukon, Oklahoma area. This is mainly for the real estate investor who is considering investing in single-family homes in Yukon.

Yukon is roughly bounded by Wilshire Boulevard on the north, Sara Road on the east, Northwest 10th St on the south, and Frisco Road on the west.  It’s a western suburb of the OKC metro area.

Yukon is a desirable place to live.  Over the last decade, it has seen considerable real estate development with many new housing additions taking root.  Although there are some businesses in Yukon, it is somewhat of a bedroom community, as many of the larger employers are located in other parts of the metro, such as downtown Oklahoma City.  The excellent Interstate Highway system allows people to live at a distance from work, but still maintain a manageable commute time to work.

Demographic Information - Yukon, OK

The current reported population of Yukon is 58,409 (2020 census).  The population increased almost 16% from the time of the 2020 census versus 13% for Oklahoma City.

Relevant Information, Yukon versus Oklahoma City (source: 2020 census)

Data Yukon Oklahoma City
Rental Housing as a percentage of housing units 28% 34.4%
Median Housing Price $143,100 $136,800
Median Rental Price $948/month $810/month
High School Educated or Higher (%) 92.4% 88%
College Educated (%) 28.3% 25.5%
Below Poverty Line (%) 9.9% 14.3%
In the civilian labor force, 16+ (%) 69.8% 60.6%
Median Income ($) $66,419 $52,919

The vast majority of Yukon’s residents have at least a high school level of education.

The high school, middle school, and elementary fall under the umbrella of the Yukon public school system, which has a solid reputation in the community.

Its residents make more money than the average resident of Oklahoma City, and fewer of those residents are below the poverty line.

Many people who live in Yukon work in Oklahoma City, either downtown or in other areas, or at Tinker Air Force Base.  The highways, such as I-235 and the Turner Turnpike allow quick access to other parts of the area.  This makes commutes mostly quick and painless.

Housing Information - Yukon Oklahoma Real Estate

The median home value for Yukon was $143,100, compared to $136,800 for Oklahoma City according to 2020 census data.

Rental Information: Single Family Homes

Rental occupied units were 28%, compared to 41% rental occupied for Oklahoma City during the same period.  This statistic includes apartments, so the percentage of rental occupied single-family homes is lower than 28%. Well, here are excellent houses for rent in OKC if you are looking for one.

Rental Pricing

A good rule of thumb is that for newer homes in Yukon, the average price is $1  per square foot per month.  I find this rule of thumb starts to break down once the property starts to get larger than 1,400 square feet (i.e., the price per square foot per month starts to be tail off).  Here are some examples of rents for properties that manage which are located in Yukon:

Typical Yukon Rents

Address* Beds Baths Sq Ft Median Rent Actual Rent* Rent/sq ft
10400 Fairfax Ln 3 2 1483 $1325-1349 $1137.40 $0.77
9800 High Noon RD 3 2 1204 $1200-1224 $1250 $1.04
900 Coyote dr 4 2 1596 $1350-1374 $1496 $0.94
8600 Arman dr 3 2 1475 $1325-1349 $1475 $1.00

*Address numbers are not actual (rounded).  Median rents are those predicted by our Appfolio database as of December 2021.  Actual rents are those which residents are currently paying.

Leasing - Houses For Rent In Yukon, OK

There is high demand for single-family rentals in Yukon.  As with other areas of the metro, allow for 30 days of a vacancy in your planning.  Most of our rental leads come from online advertising as well as our Yukon property listing website.

The reasons for the demand are as follows:

  • The quality of the school system in Yukon.
  • Easy access to highways which provide short commute times to where people work.
  • Reasonable rental prices for properties in the community.

There is a more comprehensive description of OKC Home Realty Services leasing services on our website.

Maintenance - Rent Houses Yukon, OK

Maintenance on homes less than 15-years old (i.e., those constructed after 2005) tends to be minimal because the systems and equipment are newer.  We do need to keep up with maintenance such as making sure filters are changed in central heat and air systems - and those systems are clean.

For properties that are older, maintenance costs may end up being somewhat higher.

The OKC Home Realty service maintenance team is well equipped to handle those maintenance challenges when they do come up.  There is a more comprehensive description of OKC Home Realty Services maintenance services on our website.

Yukon Retail Businesses & Services

Yukon is well-served by many retail businesses, especially those in the new shopping mall along I-40 and Midwest Blvd.  And, there are also retail businesses that concentrate at the intersection of major streets.

This is not intended to be an exhaustive description of Yukon.  You can get more information about Yukon from these sources:

https://yukoncc.com/

https://www.b2byellowpages.com/bd/oklahoma/yukon-ok-business-directory.html

Summary

Yukon is known as one of the amazing places to live in Oklahoma. Moreover, it is known as a place to invest in real estate or buying a home. Property Management Yukon OK can guide you on this.

In summary, here is the good and bad about investing in Yukon Single Family Homes:

  • The schools, homes, community overall, retail setting, and services are desirable.
  • Yukon consists of a mix of older and newer homes.  The older homes are located near Route 66; they may require significant upgrades.  They may be more prone to high maintenance costs.
  • Newer homes are built in areas around the core of older homes.  These should generally be prone to lower maintenance costs.
  • Rents are stable but on the rise.
  • The properties are less hassle intensive because there is, in general, less turnover.  This leads to fewer overall issues with management.
  • You may find excellent investment opportunities in this area.

 


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Yukon Oklahoma Real Estate FAQs

Is Yukon OK a good place to live?

Yukon is known as one of the best places to live or invest in real estate in Oklahoma. It is only 12/15 minutes away from Oklahoma City. People stay in Yukon to skip “Big City Crowd”. The place has a good community, peace, no crowd, family-friendly.

Is Yukon Oklahoma safe?

Yukon is ranked as the 3rd safest city in Oklahoma. The violence rate is less than a third of the Oklahoma state average which makes it a secure place to stay. The city has a family-friendly community to settle down in.

Is Yukon OK a good place to raise a family?

In Yukon Oklahoma, Children can play outside without worrying about their parents. Also, the city has been ranked as one of the fasted growing job markets in Oklahoma. You can raise your family safe manner.

What is the crime rate in Yukon Oklahoma?

The chances of becoming a victim of crime in Yukon is 1 out of 63. According to Neighborhood Scout, the violence rate is 1.64 out of 46 and the property crime rate is 15.81 in 444.

Is owning a rental property worth it in Yukon OK?

Yes, it is. But, it could become a risky move if you handle your rental property on your own even if you don’t have any experience. In such cases, you can hire an Oklahoma City Property Management Company.