Foreclosure Homes in Lake Orion, MI

Buyer vs Seller Market in Lake Orion, MI

Median home value: $429,591 as of 2026-07-14.

Median rent: $1,700 as of 2026-07-14.

Home values: +1.36% MoM, +7.38% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Lake Orion, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Orion, MI, is on a rollercoaster ride. The average rent price in Lake Orion, MI, is $1,733.00. Indeed, when looking to rent in Lake Orion, MI, you can expect to pay as little as $530.00 or as much as $3,220.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Lake Orion, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.