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Owasso

Learn about the people, housing, costs and businesses in Owasso, Oklahoma

Median Home$263,920
Median Rent$1,316/month
Population39,587
Leading IndustriesInformation & Media · Manufacturing · Professional Services8% information & media
Home Value Growth⬆⬆+19.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners66% of occupied units
NotableAmenity Score67/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Owasso
OK

Frequently Asked Questions

What are today's mortgage rates in Owasso?

As of today, the 30-year fixed mortgage rate for Owasso is approximately 6.968% (7.007% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Owasso?

The median home value in Owasso is $264k. The median monthly rent is $1,316. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Owasso?

Home values in Owasso have increased 19.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Owasso?

Based on a typical all-in ownership cost of $1,342/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Owasso is $84k/year.

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What industries drive the economy in Owasso?

The largest employment sectors in Owasso are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.