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ZIP Code · OK

ZIP 74055

Part of Owasso, OK
Pop. 51,381·Tulsa County·43rd most expensive ZIP in Oklahoma
Median rent (all units)
$1,362/mo
Year-over-Year
-8.5%
Month-over-Month
+1.4%
vs US Median
-$603
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 74055 · $1,362
More affordable than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,130
2 BR
$1,390
3 BR
$1,830
4 BR+
$2,120
Research median
$1,390/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,344/yr
At $1,362/mo median
Location
CityOwasso
StateOK
CountyTulsa County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 8.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-8.5% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 74055 (Owasso, OK) is majority owner-occupied, 37.6% of residents hold a bachelor's degree or higher.

Population
51,381
Median income
$87,506
Median age
37.2
Renters
29.1%
Age distribution
24.4%
22.5%
25.9%
12.7%
14.5%
Under 1824.4%
18–3422.5%
35–5425.9%
55–6412.7%
65+14.5%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
70.1%
13.7%
White70.1%
Black2.8%
Hispanic10.2%
Asian3.2%
Other13.7%
Education (25+)
24.1%
33.5%
37.6%
No HS diploma4.8%
HS diploma24.1%
Some college33.5%
Bachelor's+37.6%
Housing tenure
70.9%
29.1%
Owner70.9%
Renter29.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 74055 in Owasso, OK has changed in 5 years

Rent
$1,146 → $1,362
up 18.8%
Income
$79,189 → $87,506
up 10.5%
Population
47,504 → 51,381
up 8.2%
Renter share
28.1% → 29.1%
+1.0 pts
Bachelor's+
36.7% → 37.6%
+0.9 pts
Median age
36.6 → 37.2
+0.6 yrs

Rent in ZIP 74055 in Owasso, OK has increased 18.8% since 2021, going from about $1,146 per month to roughly $1,362 today. Household income in the area moved from $79,189 to $87,506 across the same window, up 10.5% versus 2021. Rent outpaced income growth by roughly 8.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 47,504 to 51,381 between 2021 and 2024, a 8.2% change. Reading these numbers side by side helps frame whether current listings in ZIP 74055 in Owasso, OK look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 74055

About renting in ZIP 74055

Last updated: July 20, 2026

ZIP code 74055 covers Owasso, OK. The median rent here is $1,362/mo as of July 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,390/mo.

At 19% of local median household income ($87,506/yr), ZIP 74055 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 8.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 74055?

As of July 20, 2026, the median monthly rent in ZIP 74055 (Owasso, OK) is $1,362. This is based on aggregated data from public sources and community submissions.

How does ZIP 74055 rent compare to the US average?

ZIP 74055's median rent of $1,362/mo is $603 (31%) below the US national median of $1,965/mo.

How does ZIP 74055 compare to other ZIPs in Oklahoma?

ZIP 74055 falls in the middle range for Oklahoma, ranking #43 out of 100 ZIPs at $1,362/mo.

How much income do you need to rent in ZIP 74055?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,362/mo in ZIP 74055. The local median household income is $87,506/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 74055?

Rent in ZIP 74055 has decreased 8.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 74055 an affordable place to rent?

ZIP 74055 is considered very affordable for renters. At $1,362/mo, rent takes approximately 19% of the local median household income ($87,506/yr). The standard benchmark is 30%. ZIP 74055 falls comfortably within that range.

What percentage of ZIP 74055 residents rent vs. own?

According to Census data, approximately 29.1% of ZIP 74055 households are renters, while 70.9% are owner-occupied. ZIP 74055 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 74055 compare to the rest of Owasso?

ZIP 74055 sits right at the Owasso citywide median of $1,362/mo.

When was rent data for ZIP 74055 last updated?

Rent data for ZIP 74055 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,362/mo, rent takes ~19% of ZIP 74055's median household income ($87,506/yr). The standard benchmark is 30%.

ZIP 74055 19%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 74055 (Owasso, OK)

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