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2025 Compare Cities Housing:
Franklin, MI vs Lake Orion, MI

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Highlights
- The median age of a home in Franklin is 6.7% younger than the median age of a home in Lake Orion.
 Franklin, MILake Orion, MIUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$369,400$338,100
 Home Appr. Last 12 months10.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.5%57.0%
 Home Appr. Last 10 yrs.116.4%  Unlock101.1%
 Property Tax Rate  Unlock$17.2$11.0
 Homes Owned90.3%  Unlock57.4%
 Housing Vacant  Unlock13.2%11.2%
 Homes Rented6.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, MILake Orion, MIUnited States
 Average Rent  Unlock$1,450$1,840
 Studio Apartment$1,210  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$930$1,180
 2 Bedroom Home or Apartment$1,740  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,470$1,860
 4 Bedroom Home or Apartment$2,340  Unlock$2,160
 space1
 Vacant Housing
 Franklin, MILake Orion, MIUnited States
 Vacant For Rent  Unlock5.5%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock2.1%0.7%
 Vacant Sold1.6%  Unlock0.4%
 Vacant Vacation  Unlock2.8%3.6%
 Vacant Other1.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Franklin, MILake Orion, MIUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.0%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock15.4%13.0%
 $200,000 to $299,9997.6%  Unlock20.1%
 $300,000 to $399,999  Unlock10.2%13.6%
 $400,000 to $499,99917.0%  Unlock8.3%
 $500,000 to $749,999  Unlock23.4%9.7%
 $750,000 to $999,99920.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.7%2.2%
 $1,500,000 to $1,999,9994.3%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Franklin, MILake Orion, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock14.5%13.6%
 2000 to 20099.5%  Unlock13.6%
 1990 to 1999  Unlock12.2%13.6%
 1980 to 19893.0%  Unlock13.2%
 1970 to 1979  Unlock12.2%14.8%
 1960 to 196912.8%  Unlock13.6%
 1950 to 1959  Unlock7.1%10.0%
 1940 to 19499.4%  Unlock4.7%
 1939 or Earlier  Unlock34.9%12.2%
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Reviews for Lake Orion    3 Reviews
Christiane · Lake Orion, MI
Great city
Over 13 years ago

Lake Orion, like many Michigan cities has a lot of beauty to it, obviously including the lakes, which there are several big and many small. I grew up here and if I  More

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Sarah · Lake Orion, MI
Where living is a vacation
Over 14 years ago

We moved here from Ky 2 years ago. I absolutely love it, and outside of a job transfer, will never leave. The schools are exceptional, some of the highest test scores in  More

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Kristina · Lake Orion, MI
Great Place to Live!
Over 18 years ago

We moved to Lake Orion three years ago from California and have been really pleased with this area. The people are very friendly and have embraced us well. Lake Orion is  More

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Learn More About Franklin, Michigan
Overview
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Learn More About Lake Orion, Michigan
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