
Cheap Apartments for Rent in the Downtown Lake Orion Neighborhood of Lake Orion, MI from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lake Orion area of Lake Orion.


Hope Senior Apartments-62+
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.
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.
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 | $1,150 | $1,150 | $1,150 |
| Downtown Lake Orion 1 Bedroom Apartments | $1,044 | $891 | $1,245 |
| Downtown Lake Orion 2 Bedroom Apartments | $2,991 | $1,000 | $4,950 |
| Downtown Lake Orion 3 Bedroom Apartments | $2,584 | $1,529 | $5,750 |
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.
See all Apartments in Lake OrionExplore Lake Orion
Downtown Lake Orion, Lake Orion, MI Local Guide
- Nearby Lake Orion neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Lake Orion, MI
As of October 25, 2025 the best value apartment in the Downtown Lake Orion area is the $3.53 price per square foot The Bellevue Model at Mystic Cove - Luxury Lakefront Living in the in the Village Of Lake Orion Downtown neighborhood starting from $4,850. The second greatest value Downtown Lake Orion apartment is the The Oxford Model at Orion Cove Apartments starting at $1,529 with a $1.18 price per square foot in the Village Of Lake Orion Downtown neighborhood. 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 | $3.53 |
| Orion Cove Apartments | The Oxford | 3BR,2BA | $1.18 |
| Manitou Lake Apartments | 1 Bedroom Deluxe | 1BR,1BA | $1.17 |
| Hidden Pond Apartments | 2 Bedroom | 2BR,1BA | $1.19 |
| Paint Creek Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.28 |
| 34 N North Shore Dr, Unit 1 | 34 N North Shore Dr | Studio ,1BA | $3.59 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Lake Orion, Lake Orion, MI
Ranked #2
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Lake Orion Neighborhood in Lake Orion, MI
Walk Score®
77 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some 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 Downtown Lake Orion Apartments
What is the price of a cheap apartment in Downtown Lake Orion?
The cheapest apartment in Downtown Lake Orion is Paint Creek Village Apartments which is listed at $995, while the average apartment in Downtown Lake Orion costs $2,687.
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 1 regular apartments in Downtown 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 Downtown Lake Orion?
Cheap apartments in Downtown Lake Orion have an average cost of $163 which is $2,524 cheaper than the average rent for all rentals in Downtown 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

