Owosso, MI Rental Market Trends
Last updated: April 11, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Owosso is $978, a 19.1% increase compared to the previous year, when the average rent was $821.
One-bedroom apartments provide 661 square feet for $851, balancing privacy and affordability.
Two-beedroom units at $1,023 offer 861 square feet, perfect for roommates or small families.
Average rent in Owosso, MI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $978 | 808 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $851 | 661 sq. ft. |
| 2 Beds | $1,023 | 861 sq. ft. |
| 3 Beds | n/a | n/a |
Owosso, MI rent trends
Rental prices in Owosso, MI have increased by 19.1% over the past year. The average rent moved from $821 to $978.
What's the typical rent budget in Owosso, MI?
The largest share of rentals in Owosso, MI (61%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Owosso, MI?
2,006 or 32% of the households in Owosso, MI are renter-occupied while 4,314 or 68% are owner-occupied.
How Owosso Compares to Other Cities
| City | Average Rent |
|---|---|
| Owosso | $978 |
| Detroit | $1,328 |
| Grand Rapids | $1,557 |
| East Lansing | $1,778 |
| Lansing | $1,225 |
| Ann Arbor | $2,008 |
| Southfield | $1,407 |
| Kalamazoo | $1,317 |
| Farmington Hills | $1,463 |
| Ypsilanti | $1,288 |
| Westland | $1,154 |
| Flint | $946 |
| Grand Blanc | $1,147 |
| Howell, MI | $1,548 |
| Holt, MI | $1,546 |
| Okemos, MI | $1,785 |
| Fenton, MI | $1,316 |
| Dewitt, MI | $1,309 |
| Durand, MI | $822 |
| Burton, MI | $911 |
| Flushing, MI | $933 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Owosso apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.