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Grove, OK Townhome for Rent

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    $2,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,656 Sq Ft
    • Townhouse for Rent

    241 Anchor Rd, Grove, OK 74344

    Property Id: 2260276Discover lakefront living at its finest with this beautifully positioned duplex with boat dock on the arm cove of Honey Creek in Grove, Oklahoma. Offering 1,656 sq ft of living space, this 2-bedroom, 2-bath home provides a rare opportunity to enjoy the water just steps from your door.Take in peaceful, lifetime views of Honey Creek from the comfort of your home.

    241 Anchor Rd, Grove, OK 74344

Frequently Asked Questions

How much does it cost to rent a townhouse in Grove, OK?
The median rent for a townhouse in Grove, OK is $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Grove, OK?
To comfortably afford the median rent in Grove, OK, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Grove, OK, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Grove, OK?
In Grove, OK, the price-to-rent ratio is 14.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
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