Home prices
The median home in Lake Orion is valued at $269,900. It is approximately $21,540 (8%) higher in comparison to nearby areas.It is approximately $52,400 (24%) higher compared to the entire country, and it is about $220,700 (448%) higher compared to the city of Detroit.
Rents
The median rent in Lake Orion is $733 a month. This is roughly $279 (27%) lower in comparison to its surrounding areas.It is roughly $329 (30%) lower in comparison to the US as a whole, and it is approximately $91 (11%) lower in comparison to the city of Detroit.
Nearby places
Oxford
Oxford is roughly 2 miles north from Lake Orion. Housing prices there are somewhat less expensive. The median home in Oxford costs $210,000, which is $59,900 (28%) lower than Lake Orion. The rent there is a little more expensive. In Oxford the median rent is $832 a month, which is $99 (11%) higher than Lake Orion.
Leonard
Leonard is about 6 miles northeast of Lake Orion. The real estate prices there are a lot less expensive. Leonard's median home price is $148,500, which works out to $121,400 (81%) lower than Lake Orion. Rents there are substantially more expensive. In Leonard the median monthly rent is $1,097, which works out to $364 (33%) higher than Lake Orion.
Auburn Hills
Auburn Hills is approximately 7 miles south of Lake Orion. Real estate prices there are substantially less expensive. Auburn Hills's median home price is $158,600, which works out to $111,300 (70%) lower than Lake Orion. The rent there is substantially more expensive. In Auburn Hills the median rent is $1,117 a month, which is $384 (34%) higher than Lake Orion.
Village of Clarkston
Village of Clarkston is approximately 8 miles southwest of Lake Orion. The real estate prices there are somewhat more expensive. Village of Clarkston's median home value is $358,600, which works out to $88,700 (24%) higher than Lake Orion. The rent there is a bit more expensive. In Village of Clarkston the median rent is $968 per month, which comes out to $235 (24%) higher than Lake Orion.
Rochester
Rochester is approximately 8 miles southeast from Lake Orion. Real estate prices there are somewhat more expensive. The median home in Rochester costs $366,100, which is $96,200 (26%) higher than Lake Orion. Rent there is somewhat more expensive. In Rochester the median monthly rent is $1,046, which works out to $313 (29%) higher than Lake Orion.
