The median home in Elgin, Oklahoma is valued at $294,596, up 5.3% year over year. Typical monthly rent is $1,838, producing a price-to-rent ratio of 13.4x — below the national average of 18x. Elgin is part of the Lawton, OK metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Lawton, OK stress score, crash risk, and 12-month forecast →
Home Value$294,596
+5.3%
Rent$1,838/mo
AFFORDABILITYRenting $123/mo cheaper ($1,838 rent)6.50% 30yr, 20% down, county tax + OK ins. 28% per HUD.
Enter your income for Elgin.
$58,919 on $294,596
Stretch — 31.4% of income
Above 28% but manageable with cuts.
PITI$1,961
P/I31.4%
Afford$263K
Gap-$32K
P&I $1,490Tax $221Ins $250
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Oklahoma
Compare Elgin with other housing markets across Oklahoma.
Full Lawton, OK analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Lawton, OK metro.
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