Owosso, MI Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Owosso is $845, a 3.36% increase compared to the previous year, when the average rent was $818.
One-bedroom apartments provide 663 square feet for $764, balancing privacy and affordability.
Two-beedroom units at $903 offer 861 square feet, perfect for roommates or small families.
Average rent in Owosso, MI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $845 | 781 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $764 | 663 sq. ft. |
| 2 Beds | $903 | 861 sq. ft. |
| 3 Beds | n/a | n/a |
Owosso, MI rent trends
Rental prices in Owosso, MI have increased by 3.36% over the past year. The average rent moved from $818 to $845.
Do most people rent or own in Owosso, MI?
2,102 or 34% of the households in Owosso, MI are renter-occupied while 4,119 or 66% are owner-occupied.
How Owosso Compares to Other Cities
| City | Average Rent |
|---|---|
| Owosso | $845 |
| Detroit | $1,316 |
| Grand Rapids | $1,547 |
| East Lansing | $1,769 |
| Lansing | $1,237 |
| Ann Arbor | $2,021 |
| Southfield | $1,402 |
| Kalamazoo | $1,308 |
| Farmington Hills | $1,464 |
| Ypsilanti | $1,270 |
| Westland | $1,151 |
| Flint | $940 |
| Grand Blanc | $1,160 |
| Howell, MI | $1,535 |
| Holt, MI | $1,515 |
| Okemos, MI | $1,845 |
| Fenton, MI | $1,337 |
| Dewitt, MI | $1,298 |
| Durand, MI | $801 |
| Burton, MI | $929 |
| Flushing, MI | $923 |
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.