CostBy County

Cost of Living in Osceola County, Michigan

$807/mo
Median Monthly Rent
$155,400
Median Home Value

At a Glance

Median Monthly Rent
$807/mo
11% below state average
Median Home Value
$155,400
53% below national
Census GRAPI
27.4%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Osceola County Compares

Median monthly rent comparison

Osceola County$807/mo
Michigan Average$906/mo
National Median$1,413/mo

Detailed Housing Stats

$807/mo
Median Gross Rent
$155,400
Median Home Value
$793/mo
Monthly Owner Cost
27.4%
Census GRAPI

National Ranking

Affordability Rank

Osceola County ranks #1,204 of 3,142 counties for affordability (top 38%)

Most AffordableLeast Affordable

Sourced county brief

Median Renter-Household Income in Osceola County Reaches $32,349

The median renter-household income in Osceola County was estimated at $32,349 during the 2020-2024 period. According to official ACS B25071 data, the median gross rent as a percentage of household income (GRAPI) is 27.4%, which is 1.5 percentage points lower than the Michigan unweighted county mean of 28.9%. The median gross rent in the county was recorded at $807 per month, compared to a state unweighted county mean of $906. For homeowners, the median selected monthly owner cost is $793, which is below the state unweighted county mean of $918. The median home value was $155,400, while the Michigan unweighted county mean is $197,293. These figures provide a reproducible snapshot of local housing costs without interpreting market trends. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Osceola County

Affordability Verdict

ACS B25071 estimates median gross rent at 27.4% of renter household income in Osceola County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $807 per month; median selected monthly owner costs are $793. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,280 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Michigan unweighted mean of county median rents is $906 per month. Osceola County's $807 median is 10.9% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Osceola County

$

Rent Burden

16.6%

of gross income

Max Housing (28% Rule)

$1,360

per month

Owner Cost Burden

16.3%

of gross income

You can likely afford the median home in Osceola County

Median home value is $155,400. Estimated monthly cost: $1,241 vs. your max of $1,360.

Rent Affordability Guide

Your entered rent as a share of entered income16.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,267Needed: $32,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,267Needed: $33,986
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,267Needed: $36,166

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Osceola County, Michigan?
Osceola County, Michigan has a median monthly rent of $807/mo and a median home value of $155,400. The affordability rating is Affordable, with median gross rent equal to approximately 27.4% of renter household income.
What is the median rent in Osceola County?
The median gross rent in Osceola County is $807/mo. This is 11% below state average for Michigan.
Is Osceola County affordable?
Osceola County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 27.4%. Median gross rent is under 30% of renter household income.
How does Osceola County's rent compare to the state average?
Osceola County's median rent of $807/mo is 11% below state average of $906/mo for Michigan.
What is the median home value in Osceola County?
The median home value in Osceola County, Michigan is $155,400. This is 53% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Osceola County, Michigan? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Osceola County

Whether you're buying in Osceola County, Michigan, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.