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Rent by ZIP · Oakland County

Rent in Lake Orion, MI 48362

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,360 (-0.7% vs FY2026). Renters in this ZIP code pay a median $1,145 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$980$9800%$882–1,078$1,325 ±$625
1 bedroom$1,090$1,0900%$981–1,199$863 ±$269
2 bedrooms$1,360$1,370-0.7%$1,224–1,496$1,168 ±$80
3 bedrooms$1,660$1,670-0.6%$1,494–1,826$1,582 ±$245
4 bedrooms$1,800$1,810-0.6%$1,620–1,980$950 ±$632

Small Area FMRs for the Detroit-Warren-Livonia, MI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Detroit-Warren-Livonia, MI HUD Metro FMR Area, 2 bedrooms: $1,459.

What renters pay in 48362

Median gross rent$1,145±$89 · all sizes
Renter households82314% of occupied homes
No cash rent9households

How rents are spread

Under $1,00033%
$1,000–1,49954%
$1,500–1,9999%
$2,000–2,4992%
$2,500–2,9991%
$3,000–3,4991%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48363Oakland$1,500–
48360Lake Orion$1,630$1,344
48359Lake Orion$1,630$1,699
48357Highland$1,360$1,075
48367Leonard$1,370$875
48356Highland$1,100$1,586

Fair Market Rents across Oakland County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.