IPA: /ˈhoʊmˌoʊnər/
KK: /ˈhoʊmˌoʊnər/
A person who owns a house or apartment.
As a homeowner, I take pride in maintaining my property.
Homeowner → It is formed from "home" (from Old English *ham*, meaning dwelling or residence) and "-owner" (from Old English *āgen*, meaning one who possesses). The word "homeowner" refers to a person who possesses or owns a dwelling.
Think of someone who 'possesses' ('-owner') a 'dwelling' ('home') — that's what a homeowner is.