Housing & Real Estate — Lake Orion, Michigan

Overview

Total Housing Units1,437
Occupied1,210
Vacant227
Owner-Occupied890
Renter-Occupied320
Median Home Value (Census)$376,600
Estimated 2026~$456,000
Median Rent$757/mo
Median Property Tax$5,465/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened30.3%

Housing Age

Built 2010 or later54
Built 2000-2009143
Built 1990-199942
Built before 1960717
Median Year Built1956
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.