Total monthly cost of ownership
Cost to Own a Home in Morris, Oklahoma
A $115,000 home here costs
$1,060per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $469 higher every month — 79% 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.
Morris against Okmulgee County and Oklahoma
| Measure | Morris | Okmulgee County |
|---|---|---|
| Median home value | $115,000 | $114,600 |
| Median property tax | $878 | $788 |
| Effective tax rate | 0.763% | 0.688% |
| Median gross rent | $860 | $811 |
| Population | 1,557 | 36,922 |
The weather behind that power bill
Morris sits in Okmulgee County, which averages a high of 94.0°F in its hottest month and a low of 28.1°F in its coldest, with 42.09" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,146 cooling and 3,374 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Okmulgee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Okmulgee County
Full Okmulgee County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Morris?
A $115,000 home in Morris, Oklahoma costs approximately $1,060 per month with 20% down at 6.66%. That is $591 principal and interest, $73 property tax, $111 homeowners insurance, $188 utilities and $96 set aside for maintenance.
What is the property tax rate in Morris?
Morris has an effective property tax rate of 0.763%, based on a median home value of $115,000 and median real estate taxes of $878. That is higher than the Okmulgee County average of 0.688%.
What is the average home price in Morris?
The median owner-occupied home value in Morris, Oklahoma is $115,000, against $114,600 across Okmulgee County.
Is it cheaper to rent or buy in Morris?
Median gross rent in Morris is $860 a month, against $1,060 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 Morris — 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.