Market Summary

Lake Orion, Oakland County, MI

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Median Home Price Price

$385,231 $385.2K

Median Monthly Rent Rent

$1,536 $1.5K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Oakland County

Region Price Rent GRM Display
$360,459 $1,220 25.0x
$377,845 $1,404 22.0x
$377,354 $1,172 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Oakland County

Region Price Rent GRM Display
$344,045 $1,599 18.0x
$283,915 $1,462 16.0x
$267,223 $1,550 14.0x
$243,180 $1,551 13.0x
$431,929 $1,626 22.0x
$278,446 $1,558 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$311,587 $1,411 18.0x
$636,157 $1,527 35.0x
$242,014 $1,206 17.0x
$377,578 $1,298 24.0x
$382,726 $1,255 25.0x
$420,896 $1,410 25.0x
$293,168 $1,187 21.0x
$262,833 $931 23.0x
$231,216 $1,390 14.0x
$257,485 $1,007 21.0x
$253,810 $1,067 20.0x
$443,891 $2,180 17.0x
$314,429 $1,587 16.0x
$370,820 $1,667 19.0x
$205,453 $839 20.0x
$324,663 $1,517 18.0x
$286,495 $1,045 23.0x
$520,847 $1,524 28.0x
$324,723 $1,279 21.0x
$284,578 $1,369 17.0x
$322,814 $1,197 22.0x
$516,858 $2,125 20.0x
$252,357 $721 29.0x
$328,595 $1,120 24.0x
$397,748 $1,932 17.0x
$406,979 $1,351 25.0x
$276,326 $1,167 20.0x
$226,768 $1,117 17.0x
$411,480 $1,452 24.0x
$362,402 $1,096 27.0x
$286,381 $1,576 15.0x
$318,525 $1,863 14.0x
$396,643 $1,325 25.0x

Home prices

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Monthly rent

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GRM

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Lake Orion

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Trend Insights

Median Rent in Lake Orion, MI is $1,536, with MoM change +$18 and YoY change +$125 pointing to positive momentum while volatility is low (std $30).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lake Orion, MI.

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Metric
Base market Lake Orion, MI
Compare market Select a market
Delta vs base
Median rent
$1,536
N/A
Median price
$385,231
N/A
YoY change
+$125
N/A
Price-to-rent
20.9x
Data unavailable
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