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$1,039 - $1,3991 to 3 Bedroom Apartments Available Now
Orion Cove Apartments
711 KimberlyLake Orion, MI 48362
Cheap Apartments for Rent in the Downtown Lake Orion Neighborhood of Lake Orion, MI from $775 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lake Orion area of Lake Orion.
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$935 - $1,1821 to 2 Bedroom Apartments Available Now
Hope Senior Apartments-62+
210 W Drahner RdOxford, MI 48371
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 3 Bedroom Apartments
Hidden Pond Apartments
525-535 Pontiac StOxford, MI 48371
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2 Bedroom Apartments
Pinecrest Apartments
380 W Drahner RdOxford, MI 48371
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Downtown Lake Orion, Lake Orion, MI Local Guide
How much does it cost to rent an apartment in Downtown Lake Orion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lake Orion Studio Apartments | $1,250 | $1,200 | $1,300 |
| Downtown Lake Orion 1 Bedroom Apartments | $1,072 | $935 | $1,285 |
| Downtown Lake Orion 2 Bedroom Apartments | $2,301 | $1,000 | $4,950 |
| Downtown Lake Orion 3 Bedroom Apartments | $1,399 | $1,399 | $1,399 |
| Downtown Lake Orion 4 Bedroom Apartments | $5,650 | $5,650 | $5,650 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Lake Orion Neighborhood of Lake Orion, MI.
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Best Value Apartments for Rent in Downtown Lake Orion, MI
As of September 25, 2026 the best value apartment in the Downtown Lake Orion area is the $2.91 price per square foot The Bellevue Model at Mystic Cove - Luxury Lakefront Living in the Village Of Lake Orion Downtown neighborhood starting from $3,995. The second greatest value Downtown Lake Orion apartment is the 2 Beds, 2 Baths Model at 120 South in the Village Of Lake Orion Downtown neighborhood starting at $2,900 with a $2.72 price per square foot. Here is today’s list of the best values for Downtown Lake Orion apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mystic Cove - Luxury Lakefront Living | The Bellevue | 2BR, 2BA | $2.91 |
| 120 South | 2 Beds, 2 Baths | 2BR, 2BA | $2.72 |
| Manitou Lake Apartments | 1 Bedroom Deluxe | 1BR, 1BA | $1.17 |
| Hope Senior Apartments-62+ | Two Bedroom | 2BR, 1BA | $1.39 |
| Orion Cove Apartments | The Orion | 1BR, 1BA | $1.28 |
| Hidden Pond Apartments | 1 Bedroom - Second Floor | 1BR, 1BA | $1.17 |
| Oak Forest Apartments | 2 Bedroom | 2BR, 1BA | $1.43 |
| Paint Creek Village Apartments | One Bedroom | 1BR, 1BA | $1.56 |
| 833 Heights Rd, Unit A | 833 Heights Rd | 2BR, 1BA | $1.76 |
| 34 N North Shore Dr | 34 N North Shore Dr | Studio, 1BA | $3.75 |
Frequently Asked Questions about Cheap Downtown Lake Orion Apartments
What is the price of a cheap apartment in Downtown Lake Orion?
The cheapest apartment in Downtown Lake Orion is Hidden Pond Apartments which is listed at $875, while the average apartment in Downtown Lake Orion costs $1,267.
What types of apartments are the cheapest in Downtown 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 2 regular apartments in Downtown Lake Orion that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.