Average Rent in Lake Orion, MI and Rent Price Trends

Rent trends in Lake Orion, MI

Average rent prices in Lake Orion have increased by 21% over the last month and have decreased by 29% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Lake Orion, MI

Rent prices in Lake Orion vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Orion is $1,920, whereas a house costs $1,599. 1-bedroom apartments in Lake Orion run $1,079 on average, while 2-bedroom apartments are $2,095.


Studio	$1,200	132%	No Change
1 bedroom	$1,079	4%	29%
2 bedroom	$1,887	6%	10%
3 bedroom	$1,599	15%	20%
4 bedroom	$3,800	2%	7%

		Listings
Village Of Lake Orion Downtown	$1,700


Apartments	$1,920	6%	No Change
Condos	$1,897	No Change	No Change
Houses	$1,599	8%	No Change
Rooms	$825	-	-

Studio

Average rent

$1,200

Last 30 days

132%

1 bedroom

Average rent

$1,079

Last 30 days

Last year

29%

2 bedroom

Average rent

$1,887

Last 30 days

Last year

10%

3 bedroom

Average rent

$1,599

Last 30 days

15%

Last year

20%

4 bedroom

Average rent

$3,800

Last 30 days

Last year

The table above reflects average rent prices in Lake Orion, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Orion, MI compare to other cities?

Compare median rent prices in Lake Orion and Bruce Township by all bedroom counts and property types.

Lake Orion

Median rent price$1,700

11%

lower than the national median

Median rent price$1,775

lower than the national median

Takeaway

The median rent for all rentals in Lake Orion, MI is 4% lower than the median rent in Bruce Township, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,775

$1,479

$1,500

$875

$1,700

$1,450

$1,800

$1,497

$1,800

$2,155

$1,670

$2,107

Discover rentals in Lake Orion, MI

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

7 Canary Hill Dr #281, Lake Orion, MI 48359

3 beds

2 baths

$1,629

$1,449

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

31 Bluebird Hill Dr #393, Lake Orion, MI 48359

3 beds

2 baths

$1,629

$1,449

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

9 Sparrow Hill Dr #331, Lake Orion, MI 48359

3 beds

2 baths

$1,549

$1,449

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

36 Canary Hill Dr #293, Lake Orion, MI 48359

3 beds

2 baths

$1,549

$1,449

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

5 Sparrow Hill Dr #327, Lake Orion, MI 48359

3 beds

2 baths

$1,599

$1,479

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

20 Starling Hill Dr #265, Lake Orion, MI 48359

3 beds

2 baths

$1,579

$1,479

Price drop

2d ago

House for rent in Lake Orion

Residential, Orion Township, MI

5 Bluebird Hill Dr #419, Lake Orion, MI 48359

3 beds

2 baths

$1,479

Stay up to date with rental market insights

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Frequently asked questions for Lake Orion, MI

Quick answers to common questions about the Lake Orion rental market.

How much is rent in Lake Orion?

The average rent in Lake Orion is $1,700 per month as of September 12, 2026.

Is rent up or down in Lake Orion?

Average rent prices in Lake Orion have increased by 21% over the last month and have decreased by 29% since last year.

How does Lake Orion rent compare to the national average?

Rent in Lake Orion is 11% below the national average, which means renters are paying approximately $200 less per month.

What salary do I need to afford rent in Lake Orion?

To comfortably afford rent in Lake Orion, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lake Orion?

April offers the best rental deals in Lake Orion, with rents running about 50% lower than the peak season in October. November and December are also less competitive months with reduced demand, while May and July see the highest competition among renters.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).