The typical owner-occupied home in Rush Springs is worth about $85,700, 57% below the Oklahoma median of $199,800 and 74% below the national median of $332,700. Owners pay a median $432 a year in property taxes, about 0.50% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $45,125 a year, so the median home costs 1.9 times the median income (3.1 times for Oklahoma). 64% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Rush Springs at a glance
| Rush Springs | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $85,700 | $199,800 | $332,700 |
| Median property tax paid per year | $432 | $1,599 | $3,119 |
| Property tax as a share of value | 0.50% | 0.80% | 0.94% |
| Median household income | $45,125 | $65,039 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 44% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $935 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 19.6% | 19.6% | 21.0% |
| Median rent | $716 | $1,014 | $1,413 |
| Rent as a share of renters' income | 24.1% | 28.4% | 30.6% |
| Median year homes were built | 1964 | 1980 | 1980 |
| Vacant homes | 22.6% | 12.0% | 10.1% |
| Population | 1,299 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Rush Springs
At this week's average 30-year rate of 7.11%, buying the median Rush Springs home of $85,700 with 20% down costs about $533 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $675, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $22,827 for the 20%-down payment. That payment is 14% of the median Rush Springs household income of $45,125; at that income and 20% down, the 28% guideline points to a home of about $169,000.
The median rent here is $716 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,140 |
|---|---|
| Loan amount | $68,560 |
| Principal and interest | $461 |
| Property taxes (0.50% a year) | $36 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| PMI | $0 |
| Total per month | $533 |
Change the numbers in the calculator
| Down payment | $3,000 |
|---|---|
| Loan amount | $84,148 |
| Principal and interest | $566 |
| Property taxes (0.50% a year) | $36 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| FHA mortgage insurance | $38 |
| Total per month | $675 |
Change the numbers in the calculator
Questions about home buying in Rush Springs
What is the median home value in Rush Springs?
About $85,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rush Springs?
Homeowners pay a median $432 a year, which is about 0.50% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Rush Springs?
For the median home with 20% down at 7.11%, the payment is about $533 a month. Keeping that under 28% of gross income takes about $22,827 a year.
More about Rush Springs
- Mortgage Refinance in Rush Springs
- Debt Relief in Rush Springs
- Home Equity Loans in Rush Springs
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data