Cheap Apartments for Rent in Lake Orion, MI
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2-4 Beds
2-3 BathsMystic Cove - Luxury Lakefront Living | 442 Mystic Cove Ln #502,
Lake Orion, MI 48362
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Apartments For Rent Near Lake Orion, MI
We found 30 more apartments matching your filters just outside Lake Orion
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PET FRIENDLY$615 - $720/moStudio-2 Beds1 BathWaverly House Apartments | 74 W Ypsilanti Ave #c10d45a72,
Pontiac, MI 48340
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Average Rent Trends in Lake Orion, MI
Rent in Lake Orion, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,700 |
| Jul 2025 | $1,795 |
| Aug 2025 | $1,695 |
| Sep 2025 | $1,095 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,800 |
| Dec 2025 | $2,000 |
| Jan 2026 | $2,000 |
| Feb 2026 | $2,600 |
| Mar 2026 | $2,600 |
| Apr 2026 | $2,095 |
| May 2026 | $2,800 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,000 | $2,950 | $5,000 | $5,850 | $2,950 |
| Apartments and Condos | $1,795 | $2,800 | — | — | $2,800 |
| Houses | — | — | $5,000 | — | $5,000 |
Frequently Asked Questions about Rentals in Lake Orion, MI
- What is the average rent of an apartment in Lake Orion, MI?The average rent of an apartment in Lake Orion, MI is $1,650 per month. This is about 14% lower than the national average.
- What is the average rent of a house in Lake Orion, MI?The average rent of a house in Lake Orion, MI is $5,000 per month. This is about 159% higher than the national average.
- When is the average rent cheapest in Lake Orion, MI?In the last year, the average rent in Lake Orion, MI was lowest in Sep 2025 when it was $1,095 per month.
- When is the average rent most expensive in Lake Orion, MI?In the last year, the average rent in Lake Orion, MI was highest in Apr 2025 when it was $2,295 per month.
- How many available rental listings are in Lake Orion, MI?There are 5 available rental listings in Lake Orion, MI.
- What are some cities near Lake Orion, MI?