Keys: Housing & Real Estate
Housing in Keys centers on a median value of $130,200 (estimated market value runs 10% higher at $143,353), with median rent $836 (about the same as Cherokee County median $831; 1.2× below Oklahoma median $1,014). Homeownership rate: 60.0%. That's 1.3× below the Cherokee County median ($168,500); 1.5× below the Oklahoma median ($199,800). Market is warm. Vacancy rate 12.2%. New construction makes up 32.0% of stock. A municipal building code is in effect.
- 3.4× annual income — home value vs. household income (vs Oklahoma 3.3×).
- 13.0 years to break even renting at the median (vs Oklahoma 16y).
- 4-BR rent is 1.6× a studio — rent gradient by unit size.
- Median rent 11% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $130,200 — 0.6× the Oklahoma median ($205,300). Median rent $836/month. homeownership rate 60.0% — below the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.4× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 26.8% |
| Affordability · Rent Affordability | moderate |
| Affordability · Pct Severely Rent Burdened | 51.5% |
| Affordability · Poverty Rate | 32.2% |
| Affordability · Property Tax Pct Income | 1.7% |
| Fair Market Rent · Studio rent | $764 (vs Oklahoma $933) |
| Fair Market Rent · One-bedroom rent | $769 (vs Oklahoma $987) |
| Fair Market Rent · Two-bedroom rent | $948 (vs Oklahoma $1,217) |
| Fair Market Rent · Three-bedroom rent | $1,215 (vs Oklahoma $1,602) |
| Fair Market Rent · Four-bedroom rent | $1,255 (vs Oklahoma $1,857) |
| Fair Market Rent · HUD FMR area | Cherokee County, OK |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $143,353 |
| Median Home Value | $130,200 (vs Oklahoma $205,300) |
| Median Rent | $836 (vs Oklahoma $1,052) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 12.2% |
| Housing Market · New construction (% of stock) | 32.0% |
| Housing Market · Price Appreciation 2Yr | 4.2% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Oklahoma median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Oklahoma median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Oklahoma median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 97.0% (vs Oklahoma 78.9%) |
| Broadband · Broadband-capable premises | 633 |
| Electricity · Electricity rate (¢/kWh) | 12.24¢/kWh |
| Electricity · Customers | 1878818 |
| Electricity · Revenue Millions | $2,977 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Oklahoma median) |
| Mobile Broadband · 5G mobile coverage | 0.981651376 (vs Oklahoma 99.9%) |
| Mobile Home Parks Detail · County total | 4 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 60.0% (vs Oklahoma 58.6%) |
|---|---|
| Median Year Built | 2002 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12