Total monthly cost of ownership
Cost to Own a Home in Claremore, Oklahoma
A $173,000 home here costs
$1,508per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $889. The real number is $618 higher every month — 70% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Claremore against Rogers County and Oklahoma
| Measure | Claremore | Rogers County |
|---|---|---|
| Median home value | $172,500 | $222,200 |
| Median property tax | $1,416 | $1,739 |
| Effective tax rate | 0.821% | 0.783% |
| Median gross rent | $978 | $1,018 |
| Population | 19,921 | 97,235 |
The weather behind that power bill
Claremore sits in Rogers County, which averages a high of 91.7°F in its hottest month and a low of 24.4°F in its coldest, with 45.92" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,781 cooling and 3,939 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Rogers County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rogers County
Full Rogers County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Claremore?
A $173,000 home in Claremore, Oklahoma costs approximately $1,508 per month with 20% down at 6.66%. That is $889 principal and interest, $118 property tax, $168 homeowners insurance, $188 utilities and $144 set aside for maintenance.
What is the property tax rate in Claremore?
Claremore has an effective property tax rate of 0.821%, based on a median home value of $172,500 and median real estate taxes of $1,416. That is higher than the Rogers County average of 0.783%.
What is the average home price in Claremore?
The median owner-occupied home value in Claremore, Oklahoma is $172,500, against $222,200 across Rogers County.
Is it cheaper to rent or buy in Claremore?
Median gross rent in Claremore is $978 a month, against $1,508 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Claremore — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.