What percentage of people rent in Owosso, MI?

31.7% (±3.7 points) of the occupied homes in Owosso, MI are rented (2020–2024 American Community Survey).

That is 2,006 renting households against 4,314 that own their home.

In Owosso, the share of households that rent went from 41.8% in 2015–2019 to 31.7% in 2020–2024 (−10.1 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
31.7% (±3.7 points)
Renting households
2,006 (±253)
Median renter income
$29,797 (±$7,496)

Who rents and who owns in Owosso

Tenure, estimate (90% margin of error)
OwossoShiawassee CountyMichiganUnited States
Renter-occupied share31.7% (±3.7 points)19.9% (±1.4 points)26.8% (±0.2 points)34.8%
Renting households2,006 (±253)5,590 (±393)1,092,179 (±7,674)45,017,354
Owning households4,314 (±274)22,536 (±496)2,984,190 (±12,886)84,210,142
Average renter household size1.9 (±0.2)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.5 (±0.1)2.5 (±0.0)2.5 (±0.0)2.6
Median renter household income$29,797 (±$7,496)$37,488 (±$2,828)$42,352 (±$376)$52,966
Median owner household income$67,012 (±$8,122)$76,790 (±$3,325)$87,130 (±$344)$100,009

In Owosso, the renter share is higher than in Shiawassee County (19.9%).

It is also higher than in Michigan (26.8%).

It is not measurably different from the national figure (34.8%).

In Shiawassee County, Owosso ranks 3 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 190 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Owosso has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent41.8% (±3.5 points)31.7% (±3.7 points)−10.1 percentage pointsMeasurable decrease
Median gross rent$731 (±$44)$784 (±$81)+7.3%Down after inflation
Median household income$45,203 (±$3,006)$54,229 (±$4,373)+20.0%No measurable change after inflation

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.

Households that rent in places near Owosso

Nearest places with a published estimate, compared with Owosso
PlaceDistanceHouseholds that rentCompared with this place
Owosso—31.7% (±3.7 points)—
Corunna3.1 mi45.7% (±7.3 points)Higher
Owosso Charter Township3.2 mi13.3% (±5.2 points)Lower
Caledonia Charter Township3.7 mi21.2% (±6.2 points)Lower
Bennington Township6.2 mi4.6% (±4.7 points)Lower
Rush Township6.8 mi12.7% (±6.2 points)Lower
Shiawassee Township6.8 mi11.5% (±4.7 points)Lower
Middlebury Township7.2 mi9.5% (±4.0 points)Lower
New Haven Township (Shiawassee County)7.6 mi8.1% (±5.5 points)Lower

Nearby places with a measurably lower figure: Owosso Charter Township, MI (13.3%), Caledonia Charter Township, MI (21.2%), Bennington Township, MI (4.6%).

Nearby places with a measurably higher figure: Corunna, MI (45.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Shiawassee County, place by place

RankPlaceHouseholds that rent
1Corunna45.7% (±7.3 points)
2Perry38.7% (±9.5 points)
3Owosso31.7% (±3.7 points)
4Laingsburg31.3% (±12.4 points)
5Durand27.7% (±7.1 points)
6Caledonia Charter Township21.2% (±6.2 points)
7Hazelton Township17.6% (±5.1 points)
8Owosso Charter Township13.3% (±5.2 points)
9Fairfield Township (Shiawassee County)13.2% (±8.0 points)

Showing 9 of 21 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.

What you can do on Seayora in Owosso

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Owosso, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Owosso beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Owosso, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Owosso

How many renters are there in Owosso?

Owosso has an estimated 2,006 (±253) renting households, 31.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Owosso?

In Owosso, the share of households that rent went from 41.8% in 2015–2019 to 31.7% in 2020–2024 (−10.1 percentage points), a measurable decrease.

How big are renting households in Owosso?

A renting household in Owosso has 1.9 people on average, against 2.5 in an owned home.

How much do renters earn in Owosso?

The median renting household in Owosso, MI has an income of $29,797 (±$7,496) a year, against $67,012 for households that own their home.

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) and detailed tables (acs/acs5) for Owosso city, Michigan (place:61940, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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