South Central12.8% avg cap rate

Broken Bow, OK

Oklahoma's cabin hotspot - fastest-growing inland STR market

Broken Bow and the Beavers Bend area have emerged as one of the fastest-growing STR markets in the South Central US over the past five years. Oklahoma's Ouachita Mountains, the Broken Bow Lake, and Beavers Bend State Park create a year-round cabin escape for Dallas (3 hours), Oklahoma City (3.5 hours), and Tulsa (2.5 hours). Entry prices are exceptionally low with cap rates that rival the best coastal markets.

12.8%
Avg Cap Rate
Net operating income / price
71%
Avg Occupancy
Annual average
$235
Avg Nightly Rate
All property types
$285K
Avg List Price
STR-viable properties

Estimated Annual Performance

Gross rental revenue
71% occ × $235/night
$60,900
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $24,360
Est. net operating income
Before mortgage & depreciation
$36,540
At $285K avg price
Implied cap rate
12.8%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Broken Bow

Fastest-growing STR market in the South Central US
Drive-to market for Dallas, OKC, and Tulsa (2-3.5 hours)
Cabin with hot tub in the woods is the defining property profile
Among highest cap rates of any US STR market - exceptional cash flow
Peak season: Year-round (peaks: fall foliage, spring, holidays)
Top property types: Cabin, A-Frame, Treehouse, Single Family
Primary zip: 74728, 74701

Broken Bow STR investing, answered

Is Broken Bow, OK a good short-term rental market?

Broken Bow is a South Central STR market averaging a 12.8% cap rate, 71% annual occupancy, and $235/night across STR-viable listings. Broken Bow and the Beavers Bend area have emerged as one of the fastest-growing STR markets in the South Central US over the past five years. Oklahoma's Ouachita Mountains, the Broken Bow Lake, and Beavers Bend State Park create a year-round cabin escape for Dallas (3 hours), Oklahoma City (3.5 hours), and Tulsa (2.5 hours). Entry prices are exceptionally low with cap rates that rival the best coastal markets.

What is the average Airbnb occupancy rate in Broken Bow?

STR-viable properties in Broken Bow average about 71% occupancy across the year. Peak season is Year-round (peaks: fall foliage, spring, holidays). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Broken Bow?

At $235/night and 71% occupancy, a typical Broken Bow STR grosses roughly $60,900 per year before expenses, leaving an estimated $36,540 in net operating income against a $285K average price, an implied 12.8% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Broken Bow?

The strongest-performing STR property types in Broken Bow are Cabin, A-Frame, Treehouse, Single Family. Fastest-growing STR market in the South Central US. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Broken Bow?

STR-viable listings in Broken Bow average around $285K. Primary STR ZIP codes include 74728, 74701. Combined with the market's 12.8% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.

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