4

Owosso, MI Homes for Rent

Section Image
  • /25

    Starting at $750 Per Month

    • 1 - 2 Beds

    411 N Chipman St, Owosso, MI 48867

    This one-bedroom apartment located in Owosso MI is cozy, quiet, and inexpensive. Apartment includes trash and water services as well as grounds maintenance. The only thing you have to keep track of is your electric through consumers. This apartment is a perfect for those looking for a safe and maintained community.Cat Friendly!$200 Non-Refundable Pet Deposit$25.00 Monthly Pet Fee

    Riverside Place Apartments

    411 N Chipman St, Owosso, MI 48867
  • /12

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    1221 W Main St Unit 1221, Owosso, MI 48867

    Property Id: 2744541 Beautiful 2 bedroom apartment with historic wood floors, fireplace, and some new updates. New kitchen floors, huge living room, dining room, and kitchen. Lots of room for parking and big yard. Gas and electric is on tenant (separate meters) Trash, water and sewer is currently included in rent price. Pet friendly (for additional fee and security deposit).

    1221 W Main St Unit 1221, Owosso, MI 48867
  • /2

    $750

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    1804 James Ave Unit 1, Owosso, MI 48867

    Please contact us to have a prescreen survey emailed or texted to youWE DO NOT COLLECT ANY MONEY BEFORE SHOWINGSCute 1 bedroom apartment in Owosso1 beds1 bathOpen floor planJUST completely updatedAppliances includedWater included Coin operated laundry NO PETSRenters Insurance is RequiredUtilities must be put into tenant

    1804 James Ave Unit 1, Owosso, MI 48867

Why Live in Owosso

Owosso, Michigan, located along the Shiawassee River, is a small city with a population of approximately 14,600. Known for its historical connection to author James Oliver Curwood, Owosso features Curwood Castle Park, a popular tourist attraction and community event venue. The city has a diverse range of home prices, with custom homes along the river and more affordable older homes. Owosso Public Schools serve around 2,900 students and have a high rating. The city boasts 12 parks covering over 250 acres, offering numerous recreational facilities. Nearby state parks like Sleepy Hollow Park and the Shiawassee National Wildlife Refuge provide additional outdoor attractions. Downtown Owosso, centered around West Main Street and South Washington Street, offers a variety of dining options, local shops, and the Lebowsky Center for performing arts. Annual events such as the Curwood Festival and Owosso Bike Fest bring the community together. The Shiawassee Area Transit Agency provides on-demand ride services, and major roadways like South Michigan Route 52 connect residents to larger cities. Owosso Community Airport caters to private flights, while Bishop International Airport in Flint, 26 miles away, handles commercial flights. Environmental considerations include a potential flood risk and an average of 30 inches of snow per year, though winters have been milder recently.

Frequently Asked Questions

How much does it cost to rent a home in Owosso, MI?
The median rent for a home in Owosso, MI is $1,050 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Owosso, MI?
To comfortably afford the median rent in Owosso, MI, a household needs to earn roughly $42,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,050 per month in Owosso, MI, renters typically need to show $3,150 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Owosso, MI?
In Owosso, MI, the price-to-rent ratio is 13.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Owosso, MI are best for renting a home?
The best neighborhood for renting in Owosso, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northtown and Groesbeck, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,050
Median Single Family Home Rent
$1,225
Median Condo Rent
$900
How to Rent a Home