Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Owosso area can be challenging. Home prices in Owosso are now at a median cost of $125,970, lower than the Michigan average of $196,062.
The average cost of rent is $759/mo in Owosso, primarily driven by the current value of real estate in the Owosso area. While nearly 43.47% of residents own their homes outright in Owosso, 32.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Owosso is $4,666 per month. Households that rent pay about 16.26% of their income on rent here. Owosso's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Corunna, MI: equally priced homes
- Kerby, MI: equally priced homes
- Shiawasseetown, MI: higher priced homes
- Pittsburg, MI: higher priced homes
- Henderson, MI: higher priced homes
- Easton, MI: higher priced homes
- Vernon, MI: less expensive homes
- Ovid, MI: higher priced homes
- Bancroft, MI: higher priced homes
- Morrice, MI: equally priced homes
Cities with Similar Populations
- West Hempstead, NY: higher priced homes
- Zebulon, NC: higher priced homes
- Zachary, LA: higher priced homes
- Yucca Valley, CA: higher priced homes
- Benbrook, TX: higher priced homes
- Berea, KY: higher priced homes
- West Whittier-Los Nietos, CA: higher priced homes
- Branson, MO: higher priced homes
- West Memphis, AR: less expensive homes
- Alexandria, MN: higher priced homes
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