Lake Orion, MI Rental Market Trends
The average rent for an apartment in Lake Orion is $862, a change amounting to approximately 0% compared to the previous year.
Average Rent in Lake Orion, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$862||0%||969 sq. ft.|
The average size for a Lake Orion, MI apartment is 969 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lake Orion, MI Apartment Rent Ranges
Lake Orion, MI Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
573 or 42% of the households in Lake Orion, MI are renter-occupied while 772 or 57% are owner-occupied.
Lake Orion, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Lake Orion Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Lake Orion rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!