Side-by-side comparison of home prices, mortgage payments, and housing costs between Broken Arrow and Lawton, Oklahoma. Using Oklahoma's 0.88% property tax rate and $3,600/year insurance. Updated for 2026.
Lawton is significantly more affordable than Broken Arrow, with homes priced 44% lower on average. That translates to $815/month in savings on your total housing payment. For budget-conscious buyers in Oklahoma, Lawton offers a much more accessible path to homeownership.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Oklahoma's 0.88% property tax rate.
Buying in Lawton saves you approximately $815/month ($9,780/year) compared to Broken Arrow, based on median home prices with identical loan terms.
Lawton is the better choice for first-time buyers, with a median price of $155K versus $275K in Broken Arrow. That's $120K less to save for a down payment. You'd need roughly $5K for an FHA 3.5% down payment in Lawton, compared to $10K in Broken Arrow. Oklahoma offers the OHFA Homebuyer DPA program (Up to 3.5% DPA) which applies in both cities.
Lawton has the better price-to-rent ratio at 15.2x versus 18.8x in Broken Arrow. A lower ratio generally signals better rental income relative to purchase price. Average rent in Lawton is $850/month on a $155K median home, making it a stronger candidate for buy-and-rent investors.
Broken Arrow (pop. 113,540) offers more amenities, schools, and services typical of a larger city, while Lawton (pop. 90,413) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Lawton, where lower housing costs free up more income for childcare, education, and savings.