Hugo, OK
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Hugo short-term rental market based on reliable data.
Listings
23 / 54
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$14,813
Middle-Earners Revenue
Occupancy
41%
Middle-Earners Occupancy
Home Value
$115,335
Median Home Sale Price
Top Earners
$48,902
Top-Earners Revenue
Hugo
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Hugo.
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Challenging to Investors
Hugo Regulations
Because no local STR ordinance exists, Hugo likely treats STRs as commercial lodging, requiring zoning clearance, a business license, fire/building inspections, and tax registration—often restricting operation to commercial districts; this uncertainty and multi‑agency compliance create moderate but manageable barriers with heightened investor risk.
Local STR Agent
STR specialist · Hugo, OK
About Hugo
Hugo is a city in and the county seat of Choctaw County, Oklahoma, United States. It is located in southeastern Oklahoma, approximately 9 miles (14 km) north of the Texas state line. As of the 2010 census, the city population was 5,310.The city was founded in 1901 and named for the French novelist Victor Hugo. In the postwar 20th century, the city served as winter quarters for some circus companies and performers. A cemetery has a section for circus personnel. Nearby is one of the oldest boarding schools west of the Mississippi: Goodland Academy, begun in 1848 as a Presbyterian mission, school and orphanage for Native American children. The town is located in a cultural area of the state known as Little Dixie, as it was settled by Native American tribes, African Americans and European Americans from the southeastern United States. It is within the tourist area designated as Choctaw Country by the Oklahoma Department of Tourism.