1st most affordable of 199 in Metro Detroit
Cost of Living in Orchard Lake Village, MI
A typical home in Orchard Lake Village costs about $2,179 a month, 12.7% of the median household income of $206,667. That makes Orchard Lake Village the 1st most affordable of 56 places in Oakland County and 1st of 199 across Metro Detroit.
- Median rent a month
- $936
- Median home value
- $737,000
- Owner cost with a mortgage
- $3,422
- Of income on housing
- 12.7%
Orchard Lake Village against Oakland County and the metro
| Census median | Orchard Lake Village | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $936 | $1,376 | $1,207 |
| Median home value | $737,000 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $3,422 | $1,998 | $1,720 |
| Median household income (yearly) | $206,667 | $97,760 | $76,664 |
| Share of income on housing | 12.7% | 20.7% | 22.9% |
Ranked 1st most affordable of 56 in Oakland County. See all 56.
Cost of living near Orchard Lake Village
The towns around Orchard Lake Village, each with its own page.
- West Bloomfield Rent $2,031 · Home $426,200 115th most affordable in the metro
- Keego Harbor Rent $1,194 · Home $255,900 184th most affordable in the metro
- Sylvan Lake Rent $1,113 · Home $391,000 64th most affordable in the metro
- Bloomfield Township Rent $1,574 · Home $604,800 29th most affordable in the metro
- Waterford Rent $1,111 · Home $250,900 109th most affordable in the metro
- Pontiac Rent $1,063 · Home $121,700 192nd most affordable in the metro
- Franklin Rent $0 · Home $774,900 89th most affordable in the metro
- Walled Lake Rent $1,419 · Home $224,200 172nd most affordable in the metro
Living in Orchard Lake Village
- Homes for sale in Orchard Lake Village Listings and off-market deals
- Rentals in Orchard Lake Village Houses and apartments for rent
- Orchard Lake Village neighborhoods Every neighborhood on a map
- Orchard Lake Village crime rate From Orchard Lake Village's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Orchard Lake Village city guide Pros, homes and city services
Orchard Lake Village cost of living questions
5 questions
Is Orchard Lake Village, MI expensive to live in?
A typical home in Orchard Lake Village takes 12.7% of the median household income, against 22.9% across Metro Detroit, which ranks it 1st most affordable of 199 places.
What is the average rent in Orchard Lake Village?
The median gross rent is $936 a month, rent plus the utilities the renter pays, 22% below the metro.
How much does a house cost in Orchard Lake Village?
Owners put the median home value at $737,000, 195% above the metro. With a mortgage, the median owner pays $3,422 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Orchard Lake Village?
Spending no more than 30% of income on housing, the usual rule, a typical Orchard Lake Village home at $2,179 a month calls for about $87,000 a year. The median household here earns $206,667.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Orchard Lake Village. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.