May-Penn, Oklahoma City, OK
May-Penn — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for May-Penn, Oklahoma City, Oklahoma. Explore the cited sources and local facts below while agent underwriting continues.
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May-Penn Neighborhood Overview
May-Penn is a residential neighborhood located in the southwestern part of Oklahoma City, Oklahoma. The area offers a quiet, suburban atmosphere within the larger metropolitan area. It is characterized by its affordability and convenient access to major city amenities.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and community spaces. The neighborhood provides convenient access to essential shopping and dining options along nearby major thoroughfares. Its location offers a balance between residential calm and practical urban conveniences.
Real Estate Market
The May-Penn real estate market is notably affordable, with a median home value of $150,700. The median rent is $880 per month, and homes have a median price per square foot of $127.28. The homeownership rate in the area is 42%.
Schools & Education
Families in May-Penn are served by the Oklahoma City Public Schools district. The neighborhood provides access to a range of public educational institutions from elementary through high school. Specific school ratings and programs can vary within the district.
Transportation & Connectivity
The neighborhood is well-connected by major roads, including Interstate 44 and State Highway 152, facilitating easy commutes. Public transportation options are available through the city's bus system. This connectivity makes reaching downtown Oklahoma City and other employment centers straightforward.
Why Choose May-Penn
May-Penn is an ideal choice for budget-conscious buyers and renters seeking an affordable entry into the Oklahoma City housing market. Its combination of low living costs, convenient location, and quiet streets appeals to first-time homeowners and families. The neighborhood represents a practical and accessible community in the growing southwest metro.
May-Penn Market Data
| Metric | Value |
|---|---|
| Median Home Price | $151K |
| Median Gross Rent | $880/mo |
| Median Household Income | $46K |
| Homeownership Rate | 42.4% |
| Renter-Occupied | 57.6% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 73139 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 85,661 |
| VA Loan Originations | 9,482 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $261K |
| Conventional Loan Originations | 64,218 |
| FHA Loan Originations | 11,961 |
Top Real Estate Agents in May-Penn, Oklahoma City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for May-Penn, Oklahoma City, OK. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Oklahoma Real Estate Commission (OREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12