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Rental Market Trends in Owasso, OK

What is the average rent in Owasso, OK?

$1,123/month

Average Rent

740 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of January 2026, the average rent in Owasso, OK is $1,123 per month. This is 31% lower than the national average rent of $1,625/month, making renting in Owasso more affordable than most cities in the US. When you rent an apartment in Owasso, you can expect to pay about $467 per month for a studio, $1,123 for a one-bedroom apartment, and around $1,328 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,704 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$467/month
435 Sq Ft
One Bedroom
$1,123/month
740 Sq Ft
Two Bedroom
$1,328/month
1,013 Sq Ft
Three Bedroom
$1,704/month
1,237 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,892/month
1,658 Sq Ft
Four Bedroom
$2,503/month
2,192 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Owasso, OK?

In the past year, rent has increased by 1%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Owasso, OK
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Owasso, OK
Percentage*
Rent Range
9% Below $700/month
4% $700 - $1,000/month
61% $1,001 - $1,500/month
22% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Owasso?

Based on current rent prices, Preston Lakes and City Vue Estates" are the most affordable neighborhoods in Owasso.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Preston Lakes
$1,167/month
815 Sq Ft
City Vue Estates
$1,258/month
848 Sq Ft

What are the most expensive neighborhoods in Owasso?

Based on current rent prices, City Vue Estates and Preston Lakes" are the most expensive neighborhoods in Owasso.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City Vue Estates
$1,258/month
848 Sq Ft
Preston Lakes
$1,167/month
815 Sq Ft

Which Owasso neighborhoods have the most rentals available?

The neighborhoods in Owasso with the most apartments available are City Vue Estates and Preston Lakes" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City Vue Estates
$1,258/month
848 Sq Ft
Preston Lakes
$1,167/month
815 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Owasso, OK?

Because the average rent in Owasso is $1,123, you’ll want to make about $3,743 per month or $44,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Owasso, OK

247 Available Apartments for Rent

Search for Nearby Apartments

How does Owasso, OK compare to other nearby cities and neighborhoods?

Use the tool below to compare Owasso, OK to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Owasso, OK

Apartment Averages

Preston Lakes

Owasso, OK

City Vue Estates

Owasso, OK

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Collinsville Average Rent
  • Tulsa Average Rent
  • Claremore Average Rent
  • Broken Arrow Average Rent

Apartment communities in Owasso we think you'll love

Cypress Crossing

Cypress Crossing

10015 N Owasso Expy,
Owasso, OK 74055

$1,159 - $1,999

1-3 Beds

Villas at Bailey Ranch Apartment Homes

Villas at Bailey Ranch Apartment Homes

8751 N 97th East Ave,
Owasso, OK 74055

$1,010 - $2,198

1-2 Beds

98 Apartments

98 Apartments

12700 E 100th St N,
Owasso, OK 74055

$1,100 - $2,325

1-2 Beds

Twill Bailey Creek

Twill Bailey Creek

9803 E 96th St,
Owasso, OK 74055

$1,576 - $5,029

1-3 Beds

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United States Oklahoma Owasso Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity