Cheap Apartments for Rent in Lake Orion, MI from $700 (40 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 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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Abbey Ridge Apartments
Rent Specials
$1,423 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $2,080
Required Monthly Fees
$60
Total Monthly Price
$1,423 - $2,140
1 to 3 Bedroom Apartments Available Now

Abbey Ridge Apartments

211 E Market StOxford, MI 48371
Furnished
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  • Utilities Included
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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

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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Sashabaw Meadows
1 to 4 Bedroom Apartments

Sashabaw Meadows

4359 Dogwood BlvdClarkston, MI 48348

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.

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Lake Orion, MI Local Guide

Cheapest Neighborhoods for Apartments in Lake Orion, MI

Pricing Updated: 03/12/2026

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$3,500$75062
Downtown Lake Orion$5,850$93518
Village Of Lake Orion Downtown$5,850$93518

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 $825. Countryside Townhouses of Auburn Hills in the Adams neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. 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$825
Countryside Townhouses of Auburn Hills1x1 6001BR,1BA$926
Hope Senior Apartments-62+One Bedroom1BR,1BA$935
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$945
Hidden Pond Apartments1 Bedroom - First Floor1BR,1BA$950
Sycamore Creek ApartmentsPrimrose1BR,1BA$956
Legacy at Verwood1 Bed, 1 bath1BR,1BA$995
Oak Forest Apartments2 Bedroom2BR,1BA$1,000
Auburn Village TownhomesBirch2BR,1BA$1,025

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

As of March 12, 2026 the best value apartment in the Lake Orion area is the $1.29 price per square foot The Opal (2 Car Garage) Model at Baldwin Square Townhomes in the starting from $2,195. The second greatest value Lake Orion apartment is the The Oxford Model at Orion Cove Apartments starting at $1,249 with a $0.96 price per square foot in the Village Of Lake Orion Downtown 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 TownhomesThe Opal (2 Car Garage)2BR,2.5BA$1.29
Orion Cove ApartmentsThe Oxford3BR,2BA$0.96
Meadowbrook Village ApartmentsThe Maple Renovated - Two Bedroom2BR,1BA$1.35
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.17
Beacon HillLantern1BR,1BA$1.20
Club One of Auburn HillsTwo Bedroom2BR,1.5BA$1.28
Paint Creek Village ApartmentsOne Bedroom1BR,1BA$1.26
Hidden Pond Apartments1 Bedroom - First Floor1BR,1BA$1.27
Oak Forest Apartments2 Bedroom2BR,1BA$1.43
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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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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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!

Explore Lake Orion, MI Rentals by Map

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

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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 $825, while the average apartment in Lake Orion costs $5,066.

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 $157 which is $4,909 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

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.