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These days, finding an affordable place to live in the Owasso area can be challenging. Home prices in Owasso are now at a median cost of $274,079, higher than the Oklahoma average of $210,566.
The average cost of rent is $1,398/mo in Owasso, primarily driven by the current value of real estate in the Owasso area. In Owasso, 31.81% of households rent, and 32.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Owasso is $7,525 per month. Households that rent pay about 18.58% of their income on rent here. Owasso’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valley Park, OK: higher priced homes
- Collinsville, OK: equally priced homes
- Limestone, OK: higher priced homes
- Catoosa, OK: less expensive homes
- Turley, OK: less expensive homes
- Sperry, OK: equally priced homes
- Verdigris, OK: less expensive homes
- Sageeyah, OK: equally priced homes
- Skiatook, OK: less expensive homes
- Tulsa, OK: less expensive homes
Cities with Similar Populations
- Beloit, WI: less expensive homes
- Coral Gables, FL: higher priced homes
- Concord, NH: higher priced homes
- Cocoa, FL: equally priced homes
- Clarkston, MI: higher priced homes
- North Miami Beach, FL: higher priced homes
- Rosenberg, TX: equally priced homes
- Rexburg, ID: higher priced homes
- Rancho Palos Verdes, CA: higher priced homes
- Prattville, AL: less expensive homes
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