The song peaked at number 27 on the U.S. Billboard Hot 100 and was the band's second top 40 hit single. Lorelei also hit number six on the Canadian charts during the weeks of May 8 and 15, 1976.
Chicago radio superstation WLS, which gave the song much airplay, ranked "Lorelei" as the 77th most popular hit of 1976. It reached as high as number eight (for two weeks) on their surveys of April 17 and 24, 1976.