Owasso, OK housing market
Typical home value
$319K
▲ 2.0% 1 yr
Typical rent
$1,375/mo
▲ 2.9% 1 yr
Gross rent yield
5.2%
U.S. 6.3%
5-year home value change
+26%
U.S. +20%
Key takeaways
- 1The typical home in Owasso is worth $319,357, up 2.0% over the past year and up 26% over five years.
- 2Typical rent is $1,375 a month (+2.9% YoY), a gross rent yield of 5.2% (below the Tulsa, OK metro's 6.6%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,755/mo, $380 more than typical rent.
- 4Zillow forecasts the Tulsa, OK metro's home values to change +2.1% over the next 12 months.
Market temperature (Tulsa, OK metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 35/100, #353 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Owasso compares
| Measure | Owasso | Tulsa, OK metro | United States |
|---|---|---|---|
| Typical home value | $319,357 | $251,771 | $366,157 |
| Home value, 1-yr change | +2.0% | +3.1% | +1.2% |
| Typical rent | $1,375 | $1,375 | $1,932 |
| Rent, 1-yr change | +2.9% | +3.0% | +2.7% |
| Gross rent yield | 5.2% | 6.6% | 6.3% |
| Price-to-rent ratio | 19.4 | 15.3 | 15.8 |
| Mortgage P&I, typical home | $1,755 | $1,384 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Owasso rental, pre-filled.
Rent vs buy in Owasso
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $319K home.
Other cities in the Tulsa, OK metro
Tulsa, OK
$218K home$1,273 rent
▲ 2.8% 1 yr
Broken Arrow, OK
$287K home$1,582 rent
▲ 2.1% 1 yr
Claremore, OK
$262K home$1,458 rent
▲ 3.1% 1 yr
Bartlesville, OK
$188K home$1,291 rent
▲ 4.9% 1 yr
Sand Springs, OK
$240K home$1,254 rent
▲ 4.9% 1 yr
Jenks, OK
$355K home$1,846 rent
▲ 2.9% 1 yr
Bixby, OK
$334K home$1,927 rent
▲ 1.8% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.