Shawnee, OK housing market
Typical home value
$179K
▲ 2.3% 1 yr
Typical rent
$1,117/mo
▲ 2.4% 1 yr
Gross rent yield
7.5%
U.S. 6.3%
5-year home value change
+27%
U.S. +20%
Key takeaways
- 1The typical home in Shawnee is worth $178,552, up 2.3% over the past year and up 27% over five years.
- 2Typical rent is $1,117 a month (+2.4% YoY), a gross rent yield of 7.5% (above the Shawnee, OK metro's 6.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $981/mo, $136 less than typical rent.
- 4Zillow forecasts the Shawnee, OK metro's home values to change +3.7% over the next 12 months.
Market temperature (Shawnee, OK metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 56/100, #77 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Shawnee compares
| Measure | Shawnee | Shawnee, OK metro | United States |
|---|---|---|---|
| Typical home value | $178,552 | $192,695 | $366,157 |
| Home value, 1-yr change | +2.3% | +3.6% | +1.2% |
| Typical rent | $1,117 | $1,080 | $1,932 |
| Rent, 1-yr change | +2.4% | +2.5% | +2.7% |
| Gross rent yield | 7.5% | 6.7% | 6.3% |
| Price-to-rent ratio | 13.3 | 14.9 | 15.8 |
| Mortgage P&I, typical home | $981 | $1,059 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Shawnee rental, pre-filled.
Rent vs buy in Shawnee
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $179K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.