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Blanchard: Housing & Real Estate

Housing in Blanchard centers on a median value of $295,000 (estimated market value runs 10% higher at $324,070), with median rent $962 (about the same as McClain County median $954; 1.1× below Oklahoma median $1,014). Homeownership rate: 79.6%. That's 1.2× higher than the McClain County median ($255,900); 1.5× higher than the Oklahoma median ($199,800). Market is hot. Vacancy rate 4.7%. New construction makes up 27.6% of stock. 1 nursing facility on file. A municipal building code is in effect.

Home Values & Rent

Median home value $295,000 — 1.4× the Oklahoma median ($205,300). Median rent $962/month. homeownership rate 79.6% — above the U.S. share of ~65%.

Affordability · Home Price To Income3.2×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income12.7%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened35.5%
Affordability · Poverty Rate7.9%
Affordability · Property Tax Pct Income2.8%
Fair Market Rent · Studio rent$692 (vs Oklahoma $933)
Fair Market Rent · One-bedroom rent$765 (vs Oklahoma $987)
Fair Market Rent · Two-bedroom rent$1,004 (vs Oklahoma $1,217)
Fair Market Rent · Three-bedroom rent$1,343 (vs Oklahoma $1,602)
Fair Market Rent · Four-bedroom rent$1,684 (vs Oklahoma $1,857)
Fair Market Rent · HUD FMR areaGrady County, OK HUD Metro FMR Area
Fair Market Rent · Fiscal yearFY2026
Home Value Estimate$324,070
Median Home Value$295,000 (vs Oklahoma $205,300)
Median Rent$962 (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 temperaturehot
Housing Market · Vacancy rate4.7%
Housing Market · New construction (% of stock)27.6%
Housing Market · Price Appreciation 2Yr13.9%
Housing Orgs · Total count1

Sources: IRS BMF NTEE L

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).

Facilities (1)

NOT AVAILABLE
417 SE 5TH ST

Systems (3)

Blanchard
OK3004710
Cole
OK3004708
Winter Creek Water Company, Llc
OK4002663
Broadband · % of premises with 25/3 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 100/20 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 250/25 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 1 Gbps / 100 Mbps broadband99.7% (vs Oklahoma 78.9%)
Broadband · Broadband-capable premises3,928
Electricity · Electricity rate (¢/kWh)12.24¢/kWh
Electricity · Customers1878818
Electricity · Revenue Millions$2,977
Electricity · Year2024
Mobile Broadband · 3G mobile coverage0.000000000
Mobile Broadband · 4G mobile coverage1.000000000 (at Oklahoma median)
Mobile Broadband · 5G mobile coverage0.991176471 (at Oklahoma median)

Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024  ·  Refreshed 2026-04-12

Other

Homeownership Rate79.6% (vs Oklahoma 58.6%)
Median Year Built2002

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12