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Frequently asked questions

What is the average rent in Lake Orion, MI?

The average rent in Lake Orion, MI is $1,167.

What type of rental buildings are in Lake Orion, MI?

In Lake Orion 27% of the housing is rented out compared to 73% of homes are owned, according to the most recent Census Bureau estimates. 27% of Lake Orion's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

What do typical apartment communities look like in Lake Orion, MI?

The average age of rental buildings in Lake Orion is 48 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Lake Orion, MI?

Rental apartments in Lake Orion come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 47% of the total apartments in the city, while 2-bedroom floorplans represent around 40% of all rentals in Lake Orion. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.