Cheap Apartments for Rent in Lake Orion, MI from $700 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Orion.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Village East Apartments
1 to 2 Bedroom Apartments

Village East Apartments

610-614 Orion RdLake Orion, MI 48362
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pinecrest Apartments
2 Bedroom Apartments

Pinecrest Apartments

380 W Drahner RdOxford, MI 48371
  • Utilities Included
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Orion Lakes
2 to 4 Bedroom Apartments

Orion Lakes

47 Bluebird Hill DrOrion Township, MI 48359

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-29, Page 1 of 1

Lake Orion, MI Local Guide

Cheapest Neighborhoods for Apartments in Lake Orion, MI

Pricing Updated: 09/08/2025

Current apartment rentals in the Lake Orion, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Orion Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
The Ravines at Stonegate$2,950$97566
Downtown Lake Orion$3,995$89115
Village Of Lake Orion Downtown$3,995$89115

Cheapest Available Lake Orion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Orion, MI is a 1 Bed unit found at Hope Senior Apartments-62+ in the Village Of Lake Orion Downtown neighborhood priced from $891. Hidden Pond Apartments in the Village Of Lake Orion Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Lake Orion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hope Senior Apartments-62+One Bedroom1BR,1BA$891
Hidden Pond Apartments1 Bedroom - Second Floor1BR,1BA$925
Club One of Auburn HillsOne Bedroom1BR,1BA$975
Oak Forest Apartments2 Bedroom2BR,1BA$1,000
Orion Cove ApartmentsThe Orion1BR,1BA$1,059
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1,095
Legends Fox CreekAster1BR,1BA$1,130
Sycamore Creek ApartmentsMarigold2BR,1BA$1,180
Auburn Hills ApartmentsPlan BStudio,1BA$1,185
Meadows of Auburn Hills Senior CommunityMeadows II2BR,1BA$1,199

Best Value Apartments for Rent in Lake Orion, MI and Nearby

As of September 08, 2025 the best value apartment in the Lake Orion area is the $1.43 price per square foot The Auburn Premium Model at The Enclave of Beacon Hill in the in the Adams neighborhood starting from $2,950. The second greatest value Lake Orion apartment is the HICKORY 3 Model at INDIAN LAKE VILLAGE APARTMENTS starting at $1,605 with a $1.41 price per square foot in the The Ravines at Stonegate neighborhood. Here is today’s list of the best values for Lake Orion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Enclave of Beacon HillThe Auburn Premium3BR,2.5BA$1.43
INDIAN LAKE VILLAGE APARTMENTSHICKORY 32BR,2BA$1.41
Beacon HillLogan1BR,1BA$1.24
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.17
Orion Cove ApartmentsThe Orion1BR,1BA$1.31
Meadows of Auburn Hills Senior CommunityMeadows II2BR,1BA$1.50
Legends Fox CreekAster1BR,1BA$1.46
Club One of Auburn HillsOne Bedroom1BR,1BA$1.35
Hidden Pond Apartments1 Bedroom - Second Floor1BR,1BA$1.32
Hope Senior Apartments-62+One Bedroom1BR,1BA$1.41

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Orion, MI Rentals by Map

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Getting Around Lake Orion, MI

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Orion Apartments

What is the price of a cheap apartment in Lake Orion?

The cheapest apartment in Lake Orion is Hope Senior Apartments-62+ which is listed at $891, while the average apartment in Lake Orion costs $3,646.

What types of apartments are the cheapest in Lake Orion?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Lake Orion that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Orion?

Cheap apartments in Lake Orion have an average cost of $246 which is $3,400 cheaper than the average rent for all rentals in Lake Orion.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.