Cheap Apartments for Rent in the Downtown Lake Orion Neighborhood of Lake Orion, MI from $800 (4 Rentals)

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

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.

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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Downtown Lake Orion, Lake Orion, MI Local Guide

Best Value Apartments for Rent in Downtown Lake Orion, MI

As of May 10, 2025 the best value apartment in the Downtown Lake Orion area is the $3.55 price per square foot The Bellevue Model at Mystic Cove in the in the Hills at Indianwood neighborhood starting from $4,750. The second greatest value Downtown Lake Orion apartment is the 1 Bedroom Deluxe Model at Manitou Lake Apartments starting at $1,025 with a $1.10 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mystic CoveThe Bellevue2BR,2BA$3.55
Manitou Lake Apartments1 Bedroom Deluxe1BR,1BA$1.10
Orion Cove ApartmentsThe Orion1BR,1BA$1.36
34 N North Shore Dr, Unit 434 N North Shore DrStudio ,1BA$3.28

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Lake Orion, Lake Orion, MI

Ranked #2

Among neighborhoods in Lake Orion, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

Frequently Asked Questions about Cheap Downtown Lake Orion Apartments

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.

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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.