The R's host West Ham this Saturday afternoon and Owen believes 'basic desire' will see the west London side prevail of their east London rivals as they simply need the points more - if one side is to win.
The Hammers' form has 'tailed off markedly,' as Owen observes, and he also feels QPR were unfortunate to lose against Chelsea.
Primarily, the BT Sport pundit feels a draw is on the cards but backs Chris Ramsey's men as the only other plausible scenario.
He said: "West Ham are another side who can be thankful for a good first half of the season because their form has tailed off markedly, though to be fair they didn’t play too badly against Man City on Sunday.
"QPR’s form has picked up of late though - they were very unfortunate not to get at least a point off Chelsea - but it may be too little, too late for them and further disappointment could be forthcoming in the shape of a 1-1 draw here.
"I do fancy them if there is to be a winner in this game though - basic desire should see to that - and will also add in a narrow 1-0 and 2-1 home win."
Speculation of West Ham boss Sam Allardyce's future has been plentiful of late, with the Upton Park outfit having struggled so much for form in recent times.
And Owen certainly has a point re: QPR. In their last three games, the R's have narrowly lost to the Premier League leaders, thrashed West Brom away from home and only been denied a win by a late equaliser at Aston Villa.
Will a draw be good enough for them and will they be able to punish West Ham if not?