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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentOwosso Charter TownshipShiawassee CountyMichiganUnited States
Less than $50027.0% (±18.4 points)11.6%8.3%6.3%
$500 to $99929.6% (±24.4 points)47.7%30.1%20.2%
$1,000 to $1,49943.4% (±21.6 points)32.7%38.4%28.1%
$1,500 to $1,9990.0% (±14.6 points)5.5%15.1%21.1%
$2,000 to $2,4990.0% (±14.6 points)1.4%5.0%12.0%
$2,500 to $2,9990.0% (±14.6 points)0.3%1.4%5.5%
$3,000 or more0.0% (±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

Estimate (90% margin of error)
Owosso Charter TownshipShiawassee CountyMichiganUnited States
Median gross rent$973 (±$80)$899 (±$51)$1,129 (±$4)$1,413
Rented homes paying rent189 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$574 (±$72)$973 (±$80)+69.5%Up after inflation
Households that rent25.4% (±7.0 points)13.3% (±5.2 points)−12.1 percentage pointsMeasurable decrease
Rental vacancy rate9.5% (±10.3 points)35.5% (±24.5 points)+26.0 percentage pointsNot 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

Nearest places with a published estimate, compared with Owosso Charter Township
PlaceDistanceMedian gross rentCompared with this place
Owosso Charter Township—$973 (±$80)—
Owosso3.2 mi$784 (±$81)Lower
Middlebury Township4.0 mi$868 (±$31)Lower
Rush Township5.9 mi$1,121 (±$50)Higher
Corunna6.3 mi$932 (±$146)Not measurably different
Caledonia Charter Township6.9 mi$835 (±$176)Not measurably different
Ovid6.9 mi$849 (±$49)Lower
Fairfield Township (Shiawassee County)7.5 mi$921 (±$692)Not measurably different
Shiawassee Township9.3 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

RankPlaceMedian gross rent
3Burns Township$1,359 (±$235)
4Perry Township$1,213 (±$182)
5Venice Township$1,181 (±$224)
6Rush Township$1,121 (±$50)
7Perry$1,091 (±$191)
8Woodhull Township$978 (±$322)
9Owosso Charter Township$973 (±$80)
10Corunna$932 (±$146)
11Vernon Township (Shiawassee County)$927 (±$285)
12Fairfield Township (Shiawassee County)$921 (±$692)
13Laingsburg$888 (±$523)
14Middlebury Township$868 (±$31)
15Shiawassee 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

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.

Request a Census API 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 .

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