What is the median rent in Owosso Charter Township, MI?
The median gross rent in Owosso Charter Township, MI is $973 (±$80) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 189 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Owosso Charter Township, the median gross rent went from $574 in 2015–2019 to $973 in 2020–2024 (+69.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $973 (±$80)
- Rented homes
- 189 (±81)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +69.5%
How much rent costs in Owosso Charter Township
| Monthly gross rent | Owosso Charter Township | Shiawassee County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 27.0% (±18.4 points) | 11.6% | 8.3% | 6.3% |
| $500 to $999 | 29.6% (±24.4 points) | 47.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 43.4% (±21.6 points) | 32.7% | 38.4% | 28.1% |
| $1,500 to $1,999 | 0.0% (±14.6 points) | 5.5% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±14.6 points) | 1.4% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.6 points) | 0.3% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±14.6 points) | 0.7% | 1.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 43.4% of renting households.
0.0% of rented homes in Owosso Charter Township cost $2,000 or more a month.
Owosso Charter Township against Shiawassee County, its state and the nation
| Owosso Charter Township | Shiawassee County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $973 (±$80) | $899 (±$51) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 189 (±81) | 5,252 (±367) | 1,032,697 (±7,764) | 42,849,984 |
In Owosso Charter Township, median gross rent is not measurably different from Shiawassee County ($899).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Shiawassee County, Owosso Charter Township ranks 9 of 19 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 620 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Owosso Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $574 (±$72) | $973 (±$80) | +69.5% | Up after inflation |
| Households that rent | 25.4% (±7.0 points) | 13.3% (±5.2 points) | −12.1 percentage points | Measurable decrease |
| Rental vacancy rate | 9.5% (±10.3 points) | 35.5% (±24.5 points) | +26.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Owosso Charter Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Owosso Charter Township | — | $973 (±$80) | — |
| Owosso | 3.2 mi | $784 (±$81) | Lower |
| Middlebury Township | 4.0 mi | $868 (±$31) | Lower |
| Rush Township | 5.9 mi | $1,121 (±$50) | Higher |
| Corunna | 6.3 mi | $932 (±$146) | Not measurably different |
| Caledonia Charter Township | 6.9 mi | $835 (±$176) | Not measurably different |
| Ovid | 6.9 mi | $849 (±$49) | Lower |
| Fairfield Township (Shiawassee County) | 7.5 mi | $921 (±$692) | Not measurably different |
| Shiawassee Township | 9.3 mi | $853 (±$47) | Lower |
Nearby places with a measurably lower figure: Owosso, MI ($784), Middlebury Township, MI ($868), Ovid, MI ($849).
Nearby places with a measurably higher figure: Rush Township, MI ($1,121).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Shiawassee County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 3 | Burns Township | $1,359 (±$235) |
| 4 | Perry Township | $1,213 (±$182) |
| 5 | Venice Township | $1,181 (±$224) |
| 6 | Rush Township | $1,121 (±$50) |
| 7 | Perry | $1,091 (±$191) |
| 8 | Woodhull Township | $978 (±$322) |
| 9 | Owosso Charter Township | $973 (±$80) |
| 10 | Corunna | $932 (±$146) |
| 11 | Vernon Township (Shiawassee County) | $927 (±$285) |
| 12 | Fairfield Township (Shiawassee County) | $921 (±$692) |
| 13 | Laingsburg | $888 (±$523) |
| 14 | Middlebury Township | $868 (±$31) |
| 15 | Shiawassee Township | $853 (±$47) |
Showing 13 of 19 places in Shiawassee County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Owosso Charter Township
What is the average rent in Owosso Charter Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Owosso Charter Township is $973 (±$80) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Owosso Charter Township?
In Owosso Charter Township, the median gross rent went from $574 in 2015–2019 to $973 in 2020–2024 (+69.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Owosso Charter Township cost more than $2,000 a month?
0.0% of rented homes in Owosso Charter Township have a gross rent of $2,000 or more a month, and 27.0% cost less than $500.
Is rent in Owosso Charter Township higher than in Shiawassee County?
In Owosso Charter Township, median gross rent is not measurably different from Shiawassee County ($899).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Owosso charter township, Shiawassee County, Michigan (county subdivision:61960, in state:26 county:155).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Property taxes in Owosso Charter Township
- Types of homes in Owosso Charter Township
- Bedrooms in Owosso Charter Township
- Age of homes in Owosso Charter Township
- Heating fuel in Owosso Charter Township
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- Population growth in Owosso Charter Township
- How long people stay in Owosso Charter Township
- Michigan landlord and tenant rules
- Housing across Shiawassee County
- Michigan places ranked by median rent
- Housing data for every place in Michigan