Housing in Owasso
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Owasso, Oklahoma
The housing market in Owasso is characterized by its affordability and stability. The median property value in 2024 was $243,100, which saw a 5.06% increase from the previous year. The homeownership rate stands at 63.5%. For renters, the average rent for an apartment in Owasso was $1,214 per month as of July 2026, with a 3.06% increase over the past year. One-bedroom apartments average around $1,249, while two-bedroom units average $1,396. The market offers a range of options, from single-family homes in various subdivisions to luxury apartment complexes, many of which are conveniently located near shopping centers.
Housing
About Owasso, Oklahoma
Owasso, Oklahoma, is a rapidly growing city located in the northeastern corner of the state, serving as a northern suburb of Tulsa. Known for its blend of big-city resources and a distinct small-town feel, Owasso attracts a diverse population, including young professionals and families. The city is characterized by its strong community spirit, numerous local events, and a commitment to maintaining a high quality of life for its residents. Its strategic location offers easy access to the amenities of a larger metropolitan area while preserving its unique identity and welcoming atmosphere.
About Oklahoma
Oklahoma, located in the South Central United States, is characterized by diverse landscapes ranging from plains to mountains and a rich Native American heritage. The state's economy has historically relied on oil and gas production and agriculture, though it has diversified to include aerospace, telecommunications, energy, and manufacturing. Living in Oklahoma generally offers a lower cost of living compared to the national average. The climate features hot summers and mild winters, with a propensity for severe weather, including tornadoes. The lifestyle is often described as hospitable and friendly, with a blend of cultural history and outdoor activities.