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Newest Homes for Rent in Owosso, MI

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  • 317 S Elm St Unit 408, Owosso, MI 48867
    317 S Elm St Unit 408, Owosso, MI 48867
    317 S Elm St Unit 408, Owosso, MI 48867
    /10

    $1,200

    Total Monthly Price

    • 1 Bed
    • 1.5 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    317 S Elm St Unit 408, Owosso, MI 48867

    Historic Woodard Station – 4th-Floor Loft Condo #408Enjoy the unique character and charm of this spacious 1,250-square-foot loft-style condo located on the fourth floor of historic Woodard Station.Please note: The unit is not furnished.Condo FeaturesOne large bedroomOne full bathroom and one half bathroomBamboo hardwood flooringTile flooring in both

    317 S Elm St Unit 408, Owosso, MI 48867
  • 1221 W Main St Unit 1221, Owosso, MI 48867
    1221 W Main St Unit 1221, Owosso, MI 48867
    1221 W Main St Unit 1221, 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: 2744541Beautiful 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

    1221 W Main St Unit 1221, Owosso, MI 48867
  • 411 N Chipman St, Owosso, MI 48867
    411 N Chipman St, Owosso, MI 48867
    411 N Chipman St, Owosso, MI 48867
    /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
  • 1804 James Ave Unit 1, Owosso, MI 48867
    1804 James Ave Unit 1, 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
  • 527 Fletcher St, Owosso, MI 48867
    527 Fletcher St, Owosso, MI 48867
    527 Fletcher St, Owosso, MI 48867
    /17

    $1,225

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 984 Sq Ft
    • House for Rent

    527 Fletcher St, Owosso, MI 48867

    Super Cute 2 bedroom house in Owosso. Large lot that goes through to the back street.2 bedrooms1 bathroomlarge kitchen with dining roomwalk in pantrybasementdetached garage covered porchWhen contacting us, please expect to receive an email with links to our prescreen questions and an application.WE DO NOT COLLECT ANY MONEY BEFORE

    527 Fletcher St, Owosso, MI 48867
Michigan Shiawassee County

Newest Homes for Rent in Owosso, MI

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 Trends in Owosso, MI

There are currently 5 homes available for rent in Owosso, MI. The median rent is $1,050 per month, with single-family homes renting at $1,225 and condos at $900.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,050
Median Single Family Home Rent
$1,225
Median Condo Rent
$900
How to Rent a Home

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