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States / Michigan / Lake Orion

Lake Orion, MI Housing

ACS 2020-2024

Median Home Value
$376,600 ± $61,943
Median Gross Rent
$798 ± $177/mo
Homeownership Rate
72.6%
Rent as Share of Income
9.5%
Price-to-Income Ratio
3.7×
Vacancy Rate
14.8%
Median Year Built
1959

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
2
Buildings
2
Single-Family Units
2
Multi-Family Units
0

Nearby Cities in Michigan

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Lake Orion, MI Housing: Rent & Home Values | HomeDataUSA