Total monthly cost of ownership
Cost to Own a Home in Sand Springs, Oklahoma
A $187,000 home here costs
$1,642per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $961. The real number is $681 higher every month — 71% 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.
Sand Springs against Tulsa County and Oklahoma
| Measure | Sand Springs | Tulsa County |
|---|---|---|
| Median home value | $186,700 | $213,500 |
| Median property tax | $1,859 | $2,161 |
| Effective tax rate | 0.996% | 1.012% |
| Median gross rent | $1,016 | $1,060 |
| Population | 19,973 | 673,708 |
Sand Springs extends across 2 counties. Figures here use Tulsa County, where most of its housing sits.
The weather behind that power bill
Sand Springs sits in Tulsa 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 Tulsa County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tulsa County
Common questions
How much does it cost to own a home in Sand Springs?
A $187,000 home in Sand Springs, Oklahoma costs approximately $1,642 per month with 20% down at 6.66%. That is $961 principal and interest, $155 property tax, $181 homeowners insurance, $188 utilities and $156 set aside for maintenance.
What is the property tax rate in Sand Springs?
Sand Springs has an effective property tax rate of 0.996%, based on a median home value of $186,700 and median real estate taxes of $1,859. That is lower than the Tulsa County average of 1.012%.
What is the average home price in Sand Springs?
The median owner-occupied home value in Sand Springs, Oklahoma is $186,700, against $213,500 across Tulsa County.
Is it cheaper to rent or buy in Sand Springs?
Median gross rent in Sand Springs is $1,016 a month, against $1,642 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 Sand Springs — 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.