Mortgage Rates in Tulsa, OklahomaMarch 2026

Updated March 2026 | Based on Tulsa market data and regional lending conditions

30-Year Fixed
6.76%
15-Year Fixed
6%
Median Home Price
$175,000
Est. Monthly Payment
$1,036

Tulsa is a mid-sized city in Oklahoma with a population of 413,066. The current 30-year fixed mortgage rate in Tulsa is 6.76%, which is 0.11% above the national average. With a median home price of $175,000 and a 20% down payment of $35,000, homebuyers can expect a monthly principal and interest payment of approximately $909.

Current Mortgage Rates in Tulsa, OK

Below are the current average mortgage rates available in the Tulsa area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.76%6.65%+0.11%
15-Year Fixed6%5.89%+0.11%
5/1 ARM6.26%6.15%+0.11%
FHA6.36%6.25%+0.11%
VA6.16%6.05%+0.11%
Jumbo6.96%6.85%+0.11%

Tulsa Housing Market Overview

The Tulsa housing market offers relatively affordable housing compared to many major cities. The median household income in Tulsa is $47,650, and the cost of living index is 86.5 (national average = 100). Based on the 28% affordability rule, the median income in Tulsa is sufficient to afford the median-priced home.

Population
413,066
Median Income
$47,650
Property Tax Rate
0.87%
Cost of Living
86.5
Down Payment (20%)
$35,000
Income Needed
$44,400

Monthly Payment Breakdown for Tulsa

Based on the median home price of $175,000 with 20% down ($35,000), here is what you can expect to pay monthly in Tulsa:

Principal & Interest (30-yr at 6.76%)$909
Property Tax$127
Estimated Insurance$44
Total Estimated Monthly$1,080

15-Year vs. 30-Year Mortgage in Tulsa

Choosing a 15-year mortgage in Tulsa at 6% instead of a 30-year at 6.76% would save you $114,660 in total interest over the life of the loan. However, your monthly payment would be $1,181 instead of $909 — an increase of $272 per month.

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Frequently Asked Questions About Mortgages in Tulsa

What are the current mortgage rates in Tulsa, OK?

As of March 2026, the average 30-year fixed mortgage rate in Tulsa, Oklahoma is 6.76%, while the 15-year fixed rate is 6%. FHA loans average 6.36% and VA loans 6.16%. These rates are 0.11% above the national average of 6.65%.

How much is a monthly mortgage payment in Tulsa?

Based on the median home price of $175,000 with 20% down, the estimated monthly mortgage payment in Tulsa is $909 for principal and interest. Including property taxes of $127/month, the total monthly housing cost is approximately $1,036.

What income do I need to buy a home in Tulsa?

Using the 28% rule, you would need an annual income of approximately $44,400 to afford the median-priced home in Tulsa at $175,000. The median household income in Tulsa is $47,650. The median income is currently sufficient to meet this threshold.

Is Tulsa a good place to buy a home in 2026?

Tulsa offers a below-average cost of living with a cost of living index of 86.5 (national average = 100). The property tax rate in Oklahoma is 0.87%, which is near the national average. Tulsa has a population of 413,066 and offers a very affordable lifestyle.

Mortgage Rates in Other Oklahoma Cities

Oklahoma City, OK
6.76% | $195,000
Norman, OK
6.76% | $215,000
Broken Arrow, OK
6.76% | $235,000
Lawton, OK
6.76% | $135,000
Edmond, OK
6.76% | $285,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Tulsa, Oklahoma area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.