What percentage of people rent in Lake Orion, MI?

Name: Renters and owners in Lake Orion, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

27.4% (±8.4 points) of the occupied homes in Lake Orion, MI are rented (2020–2024 American Community Survey).

That is 330 renting households against 876 that own their home.

In Lake Orion, the share of households that rent went from 27.8% in 2015–2019 to 27.4% in 2020–2024 (−0.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 27.4% (±8.4 points)
Renting households: 330 (±122)
Median renter income: $27,071 (±$8,749)

Who rents and who owns in Lake Orion

Tenure, estimate (90% margin of error)
	Lake Orion	Oakland County	Michigan	United States
Renter-occupied share	27.4% (±8.4 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	330 (±122)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	876 (±102)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.4 (±0.2)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.7 (±0.3)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$27,071 (±$8,749)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$152,647 (±$69,794)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Lake Orion, the renter share is not measurably different from Oakland County (27.3%).

It is not measurably different from Michigan (26.8%).

It is not measurably different from the national figure (34.8%).

In Oakland County, Lake Orion ranks 3 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 92 of 253.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Orion has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	27.8% (±5.8 points)	27.4% (±8.4 points)	−0.4 percentage points	Not a measurable change
Median gross rent	$733 (±$66)	$798 (±$177)	+8.9%	No measurable change after inflation
Median household income	$90,099 (±$19,709)	$101,318 (±$20,746)	+12.5%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lake Orion

Nearest places with a published estimate, compared with Lake Orion
Place	Distance	Households that rent	Compared with this place
Lake Orion	—	27.4% (±8.4 points)	—
Oxford	2.7 mi	27.8% (±9.3 points)	Not measurably different
Oxford Charter Township	4.9 mi	13.4% (±2.8 points)	Lower
Oakland Charter Township	5.0 mi	5.8% (±1.7 points)	Lower
Addison Township	6.0 mi	4.0% (±1.9 points)	Lower
Auburn Hills	7.5 mi	48.7% (±3.0 points)	Higher
Lake Angelus	7.6 mi	0.0% (±21.7 points)	Lower
Leonard	7.6 mi	3.3% (±4.6 points)	Lower
Independence Charter Township	7.9 mi	20.6% (±3.2 points)	Not measurably different

Nearby places with a measurably lower figure: Oxford Charter Township, MI (13.4%), Oakland Charter Township, MI (5.8%), Addison Township, MI (4.0%).

Nearby places with a measurably higher figure: Auburn Hills, MI (48.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Oakland County, place by place

Rank	Place	Households that rent
1	Holly	29.1% (±10.0 points)
2	Oxford	27.8% (±9.3 points)
3	Lake Orion	27.4% (±8.4 points)
4	Ortonville	25.2% (±6.3 points)
5	Wolverine Lake	23.6% (±5.1 points)
6	Milford	22.9% (±4.9 points)
7	Beverly Hills	5.2% (±1.9 points)
8	Leonard	3.3% (±4.6 points)
9	Bingham Farms	3.1% (±3.0 points)

Showing 9 of 10 places in Oakland County, ranked from highest to lowest.

Lake Orion lies inside Orion Charter Township, whose figures include it, so it is ranked only against places like it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Orion

How many renters are there in Lake Orion?

Lake Orion has an estimated 330 (±122) renting households, 27.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Orion?

In Lake Orion, the share of households that rent went from 27.8% in 2015–2019 to 27.4% in 2020–2024 (−0.4 percentage points), not a measurable change.

How big are renting households in Lake Orion?

A renting household in Lake Orion has 1.4 people on average, against 2.7 in an owned home.

How much do renters earn in Lake Orion?

The median renting household in Lake Orion, MI has an income of $27,071 (±$8,749) a year, against $152,647 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Orion village, Michigan (place:44940, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.