Cheap Apartments for Rent in Lake Orion, MI from $700 (44 Rentals)

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

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Village East Apartments
1 to 2 Bedroom Apartments

Village East Apartments

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Legacy at Verwood
1 Bedroom Apartments

Legacy at Verwood

54 S Broadway StLake Orion, MI 48362

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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Legends Fox Creek
$1,334 - $2,143
Total Monthly Price

Total Monthly Price

Base Rent
$1,334 - $2,143
Total Monthly Price
$1,334 - $2,143
1 to 2 Bedroom Apartments Available Now

Legends Fox Creek

4855 Fox CrkClarkston, MI 48346
Furnished
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  • Customer Reviewed
  • Utilities Included

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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Pinecrest Apartments
2 Bedroom Apartments

Pinecrest Apartments

380 W Drahner RdOxford, MI 48371
  • Utilities Included
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Sashabaw Meadows
1 to 4 Bedroom Apartments

Sashabaw Meadows

4359 Dogwood BlvdClarkston, MI 48348
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Orion Lakes
2 to 4 Bedroom Apartments

Orion Lakes

47 Bluebird Hill DrOrion Township, MI 48359

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-44, Page 1 of 1

Lake Orion, MI Local Guide

Cheapest Neighborhoods for Apartments in Lake Orion, MI

Pricing Updated: 06/12/2026

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$1,549$1,2507
Downtown Lake Orion$2,445$2,4451
Village Of Lake Orion Downtown$2,445$2,4451

Cheapest Available Lake Orion Apartments for Rent

 

The cheapest available apartment rental in Lake Orion, MI is a 1 Bed unit found at Club One of Auburn Hills in the East Side neighborhood priced from $895. Hope Senior Apartments-62+ in the Village Of Lake Orion Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here is today’s list of the most affordable Lake Orion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Club One of Auburn HillsOne Bedroom1BR,1BA$895
Hope Senior Apartments-62+One Bedroom1BR,1BA$935
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$945
Sycamore Creek ApartmentsPrimrose1BR,1BA$959
23 W Burdick St1 Bed, 1 bath1BR,1BA$1,000
Orion Cove ApartmentsThe Orion1BR,1BA$1,029
Auburn Village TownhomesOak1BR,1BA$1,050
Oak Forest Apartments2 Bedroom2BR,1BA$1,050
Auburn Hills ApartmentsPlan BStudio,1BA$1,085

Best Value Apartments for Rent in Lake Orion, MI

As of June 12, 2026 the best value apartment in the Lake Orion area is the $1.41 price per square foot TBABEPV Model at Heron Springs Townhomes & Apartments in the in the Auburn Grove Condominiums neighborhood starting from $3,535. The second greatest value Lake Orion apartment is the 2 Bed 2 Bath Single Section Model at Sashabaw Meadows starting at $1,379 with a $1.31 price per square foot in the Hills at Indianwood 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.
Heron Springs Townhomes & ApartmentsTBABEPV3BR,2.5BA$1.41
Sashabaw Meadows2 Bed 2 Bath Single Section2BR,2BA$1.31
The OrionC1p2BR,2BA$1.46
INDIAN LAKE VILLAGE APARTMENTSEVERGREEN 22BR,2BA$1.45
Legends Fox CreekIris2BR,2BA$1.45
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.17
Orion Cove ApartmentsThe Orion1BR,1BA$1.27
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$1.26
Club One of Auburn HillsOne Bedroom1BR,1BA$1.24
Hope Senior Apartments-62+One Bedroom1BR,1BA$1.48

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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Frequently Asked Questions about Cheap Lake Orion Apartments

How much is rent for a Cheap One Bedroom Lake Orion Apartment?

The lowest price for a Cheap One Bedroom Lake Orion Apartment is $895 at Club One of Auburn Hills.

What is the lowest price for a Cheap Two Bedroom Lake Orion Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Orion is starting from $1,050 at Club One of Auburn Hills.

What is the most affordable Lake Orion Three Bedroom Apartment?

The best deal on a cheap Lake Orion Three Bedroom Apartment rental is at Auburn Village Townhomes and starts from $1,295.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.