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Affordable apartments in Owosso, Michigan

8 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

7 lihtc1 section 8

Buildings

KONA VILLA APTS

LIHTC
1299 S SHIAWASSEE ST, OWOSSO, MI, 48867
Income-restricted units
120 of 120
Year placed in service
2006
Bedroom mix
78 1BR · 30 2BR · 12 3BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

GINGER SQUARE APTS.

Section 8
1200 PENNBROOK DR APT A1, Owosso, MI, 48867
Income-restricted units
108 of 108
Year placed in service
Not reported

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

GINGER SQUARE

LIHTC
1200 PENBROOK DR, OWOSSO, MI, 48867
Income-restricted units
108 of 108
Year placed in service
2010
Bedroom mix
6 1BR · 60 2BR · 32 3BR · 10 4+BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

GREENWOOD APTS

LIHTC
1055 E N ST, OWOSSO, MI, 48867
Income-restricted units
48 of 48
Year placed in service
1989

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

CIDER MILL APTS

LIHTC
1850 BABCOCK ST, OWOSSO, MI, 48867
Income-restricted units
47 of 48
Year placed in service
2002
Bedroom mix
16 1BR · 32 2BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

JPS OWOSSO

LIHTC
219 CLEVELAND AVE, OWOSSO, MI, 48867
Income-restricted units
44 of 44
Year placed in service
2013
Bedroom mix
40 1BR · 4 2BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

STONEY CREEK VILLAGE (OWOSSO)

LIHTC
1694 N M 52, OWOSSO, MI, 48867
Income-restricted units
36 of 48
Year placed in service
2004
Bedroom mix
20 1BR · 28 2BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

LINCOLN HOUSE

LIHTC
120 MICHIGAN AVENUE, OWOSSO, MI, 48867
Income-restricted units
28 of 28
Year placed in service
2017
Bedroom mix
13 1BR · 15 2BR

Estimated total housing cost: $806 rent + $128 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Michigan

Residential electricity in Michigan runs about 20.19¢/kWh, with a typical monthly residential electric bill near $128. Natural gas runs about $13.39/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Owosso, MI

Metro-level
BedroomsLocal FMRNational median
Studio$685n/a
1 bedroom$766n/a
2 bedroom$806$1,502
3 bedroom$1,048n/a
4 bedroom$1,209n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Shiawassee County, MI

FY2025. Area median income: $86,600.

Household size30% AMI50% AMI80% AMI
1 person$18,200$30,350$48,550
2 people$21,150$34,650$55,450
3 people$26,650$39,000$62,400
4 people$32,150$43,300$69,300
5 people$37,650$46,800$74,850
6 people$43,150$50,250$80,400
7 people$48,650$53,700$85,950
8 people$54,150$57,200$91,500

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Michigan cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Owosso cost-of-living and Fair Market Rent overview