What income do you need to buy a house in Owosso, MI?

It takes about $56,000/yr to afford the typical Owosso, MI home ($190K, +5.0% past year) at today's rates. Starter homes run around $130K. See if you can afford a house in Owosso (2026 data) — free, no signup.

Market snapshot (2026-06)

• Income needed to buy the typical home: about $56,000/yr (28% front-end ratio, 20% down, 6.66% 30-yr fixed, MI property tax and insurance)
• Typical home value: $190K (Zillow ZHVI, 2026-06)
• 1-year change: +5.0%
• Bottom 35% of homes: $130K
• Top 35% of homes start around: $295K
• Median household income: $54K
• Price-to-income ratio: 3.5
• Estimated payment on the typical home: $977/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Flushing, MI — typical home $247K
• Swartz Creek, MI — typical home $256K
• Haslett, MI — typical home $321K
• East Lansing, MI — typical home $329K
• Okemos, MI — typical home $388K
• Flint, MI — typical home $67K

The most affordable cities to buy a house in Michigan

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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