Cheap Apartments for Rent in Lake Orion, MI from $700 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Pinecrest Apartments
2 Bedroom Apartments

Pinecrest Apartments

380 W Drahner RdOxford, MI 48371
  • Utilities Included

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.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-28, Page 1 of 1

Lake Orion, MI Local Guide

Cheapest Neighborhoods for Apartments in Lake Orion, MI

Pricing Updated: 06/28/2025

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$2,902$85056
Downtown Lake Orion$6,000$89110
Village Of Lake Orion Downtown$6,000$89110

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$950
Village Manor of OxfordFarnsworth1BR,1BA$985
Oak Forest Apartments2 Bedroom2BR,1BA$1,000
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1,095
Orion Cove ApartmentsThe Orion1BR,1BA$1,119
Auburn Hills ApartmentsPlan BStudio,1BA$1,185
Sycamore Creek ApartmentsMarigold2BR,1BA$1,198

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

As of June 28, 2025 the best value apartment in the Lake Orion area is the $1.10 price per square foot Baldwin Square - GENERAL INFO Model at Baldwin Square Townhomes in the starting from $1,750. The second greatest value Lake Orion apartment is the Sandhill Crane Model at Heron Springs Townhomes and Apartments starting at $1,995 with a $1.51 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.
Baldwin Square TownhomesBaldwin Square - GENERAL INFO3BR,2.5BA$1.10
Heron Springs Townhomes and ApartmentsSandhill Crane2BR,2BA$1.51
Beacon HillLogan1BR,1BA$1.29
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.17
Orion Cove ApartmentsThe Orion1BR,1BA$1.38
Village Manor of OxfordFarnsworth1BR,1BA$1.31
Club One of Auburn HillsOne Bedroom1BR,1BA$1.32
Hidden Pond Apartments1 Bedroom - Second Floor1BR,1BA$1.32
750 Orion Rd, Unit 531750 Orion Rd1BR,1BA$1.47
Hope Senior Apartments-62+One Bedroom1BR,1BA$1.41

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Lake Orion, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lake Orion, MI

View MapLake Orion, MI Apartments MapView MapLake Orion, MI Rental Homes Map

Getting Around Lake Orion, MI

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 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 $4,967.

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 5 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 $193 which is $4,774 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.