Cheap Apartments for Rent in Owosso, MI from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Owosso.

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1804 James Ave, Unit 1
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
1 Bedroom Apartment Available Now

1804 James Ave, Unit 1

1804 James AveOwosso, MI 48867
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Cider Mill Apartments
1 to 2 Bedroom Apartments

Cider Mill Apartments

1870 Babcock StOwosso, MI 48867
  • Utilities Included
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Kingswood Estates
1 to 2 Bedroom Apartments

Kingswood Estates

1910 S Chipman StOwosso, MI 48867
  • Utilities Included
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Candlewick Court
3 Bedroom Apartments

Candlewick Court

1800 Candlewick DrOwosso, MI 48867
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pineshores Apartments
2 to 3 Bedroom Apartments

Pineshores Apartments

3360 N Linden RdFlint, MI 48504
  • Utilities Included
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Midtown Flats
1 to 2 Bedroom Apartments

Midtown Flats

4050-4233 W Court StFlint, MI 48532
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Legacy at Pinelake
Studio to 1 Bedroom Apartments

Legacy at Pinelake

6076 Marsh RdHaslett, MI 48840
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

Owosso, MI Local Guide

Cheapest Available Owosso Apartments for Rent and Nearby

 

The cheapest available apartment rental in Owosso, MI is a 4 Beds unit found at The Cottages (Cottages Hunsaker 1 LLC) in the Meridian Township Okemos neighborhood priced from $625. Oak Park Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Owosso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Cottages (Cottages Hunsaker 1 LLC)The Cottages Quad Split - Four Bedroom -JOIN OU...4BR,4BA$625
Oak Park Manor1 Bed1BR,1BA$700
Parkview Manor ApartmentsParkview Manor Apartments - One Bedroom Lower L...1BR,1BA$750
Riverside Place ApartmentsRiverside Apartments - One bedroom1BR,1BA$750
Beech Trail ApartmentsOne Bedroom1BR,1BA$769
Clover Tree Apartments1BD TH1BR,1BA$770
Somerset Apartments1 bedroom without balcony1BR,1BA$789
Meridian ApartmentsLive Minutes from Lake Lansing – 1 Bedroom Apar...1BR,1BA$850
Royal Durand Apartments1x1 8501BR,1BA$850

Best Value Apartments for Rent in Owosso, MI and Nearby

As of July 28, 2026 the best value apartment in the Owosso area is the $1.12 price per square foot 2Bed 2Bath Model at Riverwood Luxury Apartments in the in the Northwest Flint Flushing neighborhood starting from $1,315. The second greatest value Owosso apartment is the 2x1 950 Model at Royal Durand Apartments starting at $850 with a $0.89 price per square foot . Here is today’s list of the best values for Owosso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwood Luxury Apartments2Bed 2Bath2BR,2BA$1.12
Royal Durand Apartments2x1 9502BR,1BA$0.89
Autumn Ridge Apartments1 bedroom, one bathroom1BR,1BA$1.11
The Landings at Chandler Crossings2 BED 2 BATH - EMERALD2BR,2BA$0.91
The Village at Chandler Crossings2 BED 2 BATH - SPARTAN2BR,2BA$0.89
Circle Shore ApartmentsCircle Shore2BR,1BA$1.06
Oak Park Manor2 bed2BR,1BA$1.22
The Elms at Granada1 Bedroom 1 Bath1BR,1BA$1.23
Meadowview ApartmentsStandard2BR,1BA$1.19
Somerset Apartments1 bedroom with balcony1BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Owosso, MI

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Frequently Asked Questions about Cheap Owosso Apartments

How much is rent for a Cheap One Bedroom Owosso Apartment?

The lowest price for a Cheap One Bedroom Owosso Apartment is $700 at Oak Park Manor.

What is the lowest price for a Cheap Two Bedroom Owosso Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Owosso is starting from $850 at Sturgis Crossings.

What is the most affordable Owosso Three Bedroom Apartment?

The best deal on a cheap Owosso Three Bedroom Apartment rental is at Hawk's Ridge Senior/Family Apartments and starts from $1,417.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.