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City · 10,433 residents · Wagoner County, Oklahoma

Coweta , Oklahoma

In Coweta, a typical home is worth $205,700 and typical rent is $932 a month. Compared with all of Wagoner County, typical household income is 17% lower, typical rent is 13% lower, and the share of households that own their home is 12 points lower.

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  • Typical home value

    $205,700

    12% below the county

    3% above Oklahoma

    • Coweta
    • Wagoner
    • Oklahoma

  • Typical rent

    $932a month

    13% below the county

    8% below Oklahoma

    • Coweta
    • Wagoner
    • Oklahoma

  • Typical household income

    $67,519a year

    17% below the county

    4% above Oklahoma

    • Coweta
    • Wagoner
    • Oklahoma

  • Households that own their home

    69%

    12 points below the county

    4 points above Oklahoma

    • Coweta
    • Wagoner
    • Oklahoma

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$274,897
3.2% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Coweta is in Wagoner County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Wagoner County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Coweta apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Wagoner, the typical home value is $148,900: 28% less than in Coweta ($205,700).

  2. 69% of households in Coweta own their home, against 81% in Wagoner County.

  3. The typical household income in Coweta is $67,519, 17% less than in Wagoner County as a whole ($81,207).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Coweta

What homes there are in Coweta, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Coweta: 85% of homes, more than in Wagoner County (81%).

Year built

The typical year built in Coweta is 1993, about the same as in Wagoner County (1995).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 96% of owner-occupied homes in Coweta sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,425 a month

Wagoner County: $1,568 a month

Without a mortgage

$513 a month

Wagoner County: $546 a month

Owners with a mortgage

71%

Wagoner County: 63%

In Coweta, 71% of owners have a mortgage, and their typical cost is $1,425 a month, against $1,568 in Wagoner County. Without one it drops to $513.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Coweta rose 50% since 2015–2019, about the same as in Wagoner County (48%).

Rent in Coweta moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCowetaWagoner CountyOklahomaUnited States
Rental vacancy Unreliable estimate4.0%6.5%5.5%
Homeowner vacancy Unreliable estimate0.9%1.2%0.9%
More than one person per room Unreliable estimate2.6%2.9%3.4%
People per household 2.572.752.502.53
Drive alone 84%80%77%69%
Carpool 5%9%10%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 8%9%9%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutesUnreliable estimate20 to 29 minutes

Households in Coweta are smaller: 2.57 people on average; in Wagoner County, 2.75.

In Coweta, 84% of workers drive alone to work; in Wagoner County, 80%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Coweta?

A typical home is tight for the typical income

We start with a typical home in Coweta, worth $205,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Coweta, which is $67,519 a year. For that payment to be 28% of income, a household would need to earn about $71,795 a year.

The calculator's FHA and conventional loan limits are those of all of Wagoner County.

Your numbers

Local data
$

Starts at the typical home value in Coweta. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,200 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,675

at 7.18% · 30 years

Loan amount
$201,974
Total interest
$290,593
Paid off in
November 2056

Includes $3,474 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,575 a month

  • Tight

    $1,575 to $2,026 a month

    Your payment · 30%

  • Hard

    more than $2,026 a month

Compared with the typical household income in Coweta ($67,519 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,675
Principal & interest$1,368
Property tax$130
Home insurance$86
FHA mortgage insurance (MIP)$91

You need at least $7,200 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Coweta and Wagoner County

Coweta is in Wagoner County, Oklahoma. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Coweta's own numbers

Typical home value
$205,700
Typical monthly rent
$932
Typical yearly household income
$67,519
Households that own their home
69%
Effective property tax rate
0.76%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Wagoner County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,229
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
2.4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Wagoner County.

Everything about Wagoner County

Buying

Buying a home in Coweta

A typical home in Coweta is worth $205,700: 12% below the county and 3% above Oklahoma. With the typical household income in Coweta ($67,519 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Coweta 3.0 years
  • Wagoner 2.9 years
  • Oklahoma 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Wagoner County

According to FHFA’s house price index, home prices in Wagoner County rose 78% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Wagoner County.

Period County Oklahoma U.S.
Last year (2025) +2.8% +2.6% +2.9%
5 years (2020–2025) +49% +46% +47%
10 years (2015–2025) +78% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Coweta next to Wagoner County, Oklahoma and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Coweta $205,700
  • Wagoner $234,800
  • Oklahoma $199,800
  • United States $332,700
Typical monthly rent
  • Coweta $932
  • Wagoner $1,068
  • Oklahoma $1,014
  • United States $1,413
Typical yearly household income
  • Coweta $67,519
  • Wagoner $81,207
  • Oklahoma $65,039
  • United States $80,734
See the full table
Coweta next to Wagoner County and Oklahoma
Measure Coweta Wagoner County Oklahoma U.S.
Typical home value $205,700 $234,800 $199,800 $332,700
Typical monthly rent $932 $1,068 $1,014 $1,413
Typical yearly household income $67,519 $81,207 $65,039 $80,734
Households that own their home 69% 81% 66% 65%
Typical yearly property tax $1,559 $1,858 $1,599 $3,119
Effective property tax rate 0.76% 0.79% 0.8% 0.94%
Renters with high rent for their income 48% 42% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wagoner County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Coweta

For a typical $205,700 home in Coweta, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Coweta's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,675a month

    Least cash to close
    Down payment
    $7,200
    Cash to close
    $13,371
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $91

  • Conventional, 5% down $1,638a month

    Down payment
    $10,285
    Cash to close
    $16,456
    Rate
    7.18%
    Mortgage insurance
    PMI · $98

  • Conventional, 20% down, no PMI $1,331a month

    Down payment
    $41,140
    Cash to close
    $47,311
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,521a month

    Down payment
    $30,855
    Cash to close
    $37,026
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Coweta and for Wagoner County.

Property tax

Effective rate in Coweta

0.76%of the home’s value each year

$1,559 a year for the typical owner in Coweta.

  • Coweta 0.76%
  • Wagoner 0.79%
  • Oklahoma 0.8%

What Oklahoma publishes Homestead exemption of $1,000 of assessed value (Oklahoma Legislature (Oklahoma Statutes, Title 68))

Exemptions and deadlines in Oklahoma

Flood risk in Wagoner County

FEMA does not publish these numbers by city: they are for all of Wagoner County.

Homes in the high-risk zone
2.4%
766
Of those, with NFIP insurance
19%
County Oklahoma U.S.
Homes in the high-risk zone 2.4% 2.2% 3.5%
Of those, with NFIP insurance 19% 13% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Coweta

Typical rent in Coweta is $932 a month: 13% below the county. In Coweta, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Wagoner County, by unit size. To pay the 2-bedroom one ($1,229 a month) without spending more than 30% of your income, you would need to earn $23.63 an hour working full time.

HUD fair market rent for all of Wagoner County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $947 $18.21 $37,880
1 bedroom $1,007 $19.37 $40,280
2 bedrooms $1,229 $23.63 $49,160
3 bedrooms $1,611 $30.98 $64,440
4 bedrooms $1,882 $36.19 $75,280

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Coweta

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Coweta is in ZIP code 74429.

For 2 bedrooms it is $1,130: $99 less than the fair market rent for Wagoner County ($1,229).

  • 74429 $1,130$1,480

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Coweta when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Coweta

HUD lists 4 buildings with rents for lower incomes in Coweta. These are the largest.

  • Country Village Apts 28606 E 141st St S, Coweta 74429 126 homes, 124 low-income · 1 bd: 32 · 2 bd: 94 · In service since 1998
  • Coweta Apts 613 S Guthrie Ave, Coweta 74429 60 homes, 58 low-income · For families (918) 486-5111
  • Carriage Crossing 28505 E 141st St S, Coweta 74429 40 homes, 39 low-income · 1 bd: 38 · 2 bd: 2 · In service since 1997
  • Steeplechase Apts 27195 E 121st St S, Coweta 74429 94 homes

See all 8 buildings in Wagoner County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Coweta

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Wagoner County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Coweta

No down payment, repair or rent-help program on our list is for Coweta or Wagoner County. The ones below are statewide in Oklahoma: they work in Coweta the same as in the rest of the state.

Which programs do I qualify for? All programs in Oklahoma

  • OHFA Homebuyer Down Payment Assistance

    Statewide in Oklahoma

    Oklahoma state agency help of 3.5% of the loan for the down payment and closing costs, as a second lien with no interest and no installments, repaid when you pay off the loan, refinance or leave the home. Offered by Oklahoma Housing Finance Agency (OHFA).

    Deferred

    See the program Official page

Housing counselors near Coweta

The HUD-approved agencies closest to the center of Coweta, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Quickcert, Inc.

    7122 S Sheridan Rd Ste 2, Tulsa · 15 miles away · Spanish

    • Pre-purchase counseling
    • Rental counseling
    • and 1 more
    (888) 383-8885

  • Tulsa Habitat for Humanity

    6235 E 13th St, Tulsa · 18 miles away

    • Budget and credit workshops
    • Workshops for new owners
    • and 2 more
    918-592-4224x107

  • Chickasaw Nation Division of Housing

    111 Rosedale Rd, Ada · 99 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (580) 421-8817

All counseling agencies in Oklahoma

Help in Spanish near Coweta

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Coweta

HUD lists no housing authority with an office in Wagoner County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Oklahoma Source: HUD

Cities

Other cities in Wagoner County

These cities are also in Wagoner County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Wagoner County Housing in Oklahoma

Nearby cities

The cities closest to Coweta, with the typical home value.

Neighboring counties

If Wagoner County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Coweta.

All guides
Two parents walk hand in hand with their little daughter.

Questions

Housing questions about Coweta

Short answers with the numbers for Coweta and all of Wagoner County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Coweta?

The typical home value in Coweta is $205,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wagoner County it is $234,800.

How much does it cost to rent in Coweta?

Typical rent in Coweta is $932 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wagoner County is $1,229.

What is the FHA loan limit in Coweta?

Coweta uses the FHA limit for all of Wagoner County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Coweta?

The typical homeowner in Coweta pays $1,559 a year, according to the U.S. Census Bureau. That is 0.76% of the home’s value; in Wagoner County, the rate is 0.79%.

Where can I find free help to buy or rent in Coweta?

We found no HUD-approved counseling agencies with an office in Wagoner County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).