Cheap Apartments for Rent in Lake Orion, MI from $700 (50 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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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
$1,283 - $2,456
Total Monthly Price

Total Monthly Price

Base Rent
$1,283 - $2,456
Total Monthly Price
$1,283 - $2,456
1 to 2 Bedroom Apartments Available Now

Legends Fox Creek

4855 Fox CrkClarkston, MI 48346
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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Abbey Ridge Apartments
Rent Specials
$1,423 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,423 - $2,140
Total Monthly Price
$1,423 - $2,140
1 to 3 Bedroom Apartments Available Now

Abbey Ridge Apartments

211 E Market StOxford, MI 48371
Furnished
  • Verified
  • Customer Reviewed
  • 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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Sashabaw Meadows
1 to 4 Bedroom Apartments

Sashabaw Meadows

4359 Dogwood BlvdClarkston, MI 48348

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 1

Lake Orion, MI Local Guide

Cheapest Neighborhoods for Apartments in Lake Orion, MI

Pricing Updated: 04/28/2026

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$3,150$90056
Downtown Lake Orion$5,650$93516
Village Of Lake Orion Downtown$5,650$93516

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 Club One of Auburn Hills in the East Side neighborhood priced from $925. 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$925
Hope Senior Apartments-62+One Bedroom1BR,1BA$935
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$945
Sycamore Creek ApartmentsPrimrose1BR,1BA$958
Auburn Village TownhomesBirch2BR,1BA$995
23 W Burdick St1 Bed, 1 bath1BR,1BA$1,000
Orion Cove ApartmentsThe Orion1BR,1BA$1,049
Oak Forest Apartments2 Bedroom2BR,1BA$1,050
Auburn Hills ApartmentsPlan BStudio,1BA$1,085

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

As of April 28, 2026 the best value apartment in the Lake Orion area is the $1.00 price per square foot The Best Downtown Loft Around Model at 2 N Washington St in the in the Downtown Oxford neighborhood starting from $3,000. The second greatest value Lake Orion apartment is the T Model at Heron Springs Townhomes and Apartments starting at $2,675 with a $1.46 price per square foot in the Auburn Grove Condominiums 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.
2 N Washington StThe Best Downtown Loft Around1BR,1.5BA$1.00
Heron Springs Townhomes and ApartmentsT3BR,2.5BA$1.46
Baldwin Square TownhomesThe Moonstone (Finished Basement)2BR,2.5BA$1.44
Sashabaw Meadows2 Bed 2 Bath Single Section2BR,2BA$1.31
The OrionC1p2BR,2BA$1.46
Meadowbrook Village ApartmentsThe Maple Renovated - Two Bedroom2BR,1BA$1.35
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.17
Orion Cove ApartmentsThe Orion1BR,1BA$1.30
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$1.26
Club One of Auburn HillsOne Bedroom1BR,1BA$1.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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Explore Lake Orion, MI Rentals by Map

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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 Club One of Auburn Hills which is listed at $925, while the average apartment in Lake Orion costs $4,816.

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 9 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 $297 which is $4,519 cheaper than the average rent for all rentals in Lake Orion.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.