Rent by ZIP · Shiawassee County
Rent in Owosso, MI 48867
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,040 (+1% vs FY2026). Renters in this ZIP code pay a median $828 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $760 | $760 | 0% | $684–836 | $669 ±$12 |
| 1 bedroom | $800 | $780 | +2.6% | $720–880 | $544 ±$64 |
| 2 bedrooms | $1,040 | $1,030 | +1% | $936–1,144 | $912 ±$44 |
| 3 bedrooms | $1,400 | $1,380 | +1.4% | $1,260–1,540 | $1,121 ±$39 |
| 4 bedrooms | $1,580 | $1,520 | +3.9% | $1,422–1,738 | $1,292 ±$612 |
Small Area FMRs for the Shiawassee County, MI. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Shiawassee County, MI, 2 bedrooms: $1,085.
What renters pay in 48867
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 48866 | Ovid | $1,150 | $827 |
| 48865 | Orleans | $1,090 | $782 |
| 48864 | Okemos | $1,580 | $1,460 |
| 48871 | Perrinton | $1,200 | $800 |
| 48872 | Perry | $1,320 | $1,099 |
| 48861 | Mulliken | $1,310 | $935 |
Fair Market Rents across Shiawassee County, MI · All MI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.