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Apartments in Royal Oak

61 - 72 of 72 Results
3
$1,195 - 1,225
Walnut Manor Apartments
1903, 1909, 1915, 1921 N Main Street Royal Oak, MI
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
2
$1,250 - 1,600
315-333 E Eleven Mile Rd
Royal Oak, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
3
$895
312 A Virginia Ave
Royal Oak, MI
Studio | Available Now
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2
$1,425
Crooks South Apartments
1923 Crooks Rd Royal Oak, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$995 - 1,195
Virginia Place
4915 Briarwood Ave Royal Oak, MI
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
Disability Access
3
$1,695
310 Virginia Ave
Royal Oak, MI
2 BR | Jun. 1, 2024
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House
$2,400
101 Curry Ave #330
Royal Oak, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
$800
1300 Batavia Ave
Royal Oak, MI
Studio | Available Now
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$1,195
Deluxe Studio - Move In Special: $800 Security Deposit
1909 N Main St Royal Oak, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
$1,195
Medford Place Apartments - 1 Bed / 1 Bath
5111 Crooks Rd Royal Oak, MI
1 BR | Available Now
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Cat Friendly
$1,800
Royal Oak - Berkley
Royal Oak, MI
2 BR | Available Now
Contact
$1,195
Deluxe Studio - Move In Special: $800 Security Deposit
1921 N Main St Royal Oak, MI
Studio | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
61 - 72 of 72 Results
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How much does it cost to rent an apartment in Royal Oak?

Royal Oak Apartments
Bed Type Average Rent Range
Studio $1,200 $800 - $1,430
1BR $1,210 $980 - $2,000
2BR $1,700 $1,160 - $3,360
3BR $2,430 $1,770 - $5,620
Frequently Asked Questions

How many apartments are available in Royal Oak, MI on Rentable.co?

Rentable.co has over 2,011 apartments available in Royal Oak.

What is the average rent for a studio apartment in Royal Oak, MI?

The average rent for a studio apartment in Royal Oak is around $1,200 per month.

What is the average rent for a one-bedroom apartment in Royal Oak, MI?

The average rent for a one-bedroom apartment in Royal Oak is around $1,210 per month.

What is the average rent for a two-bedroom apartment in Royal Oak, MI?

The average rent for a two-bedroom apartment in Royal Oak is around $1,700 per month.

How expensive is it to rent an apartment in Royal Oak, MI?

For a two-bedroom apartment in Royal Oak, the average rent price is $1,700 per month, which is similar to the national average of $1,620 per month.

Can I afford an apartment for rent in Royal Oak, MI?

Based on average rent prices in Royal Oak, to afford a studio apartment you would need an annual household income of $48,000 to live comfortably.

Neighborhoods

Downtown Royal Oak
Gardenia Grove
Oak Run

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Royal Oak:
May Rent Report

Welcome to the May 2024 Royal Oak Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Royal Oak rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Royal Oak and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Royal Oak average rent prices in the chart below.

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Royal Oak Rent Prices Decrease From April to May

Royal Oak rent prices decreased over the last month. From April to May, the city experienced a -2.56% decrease for the price of a one-bedroom apartment. The rent price for a Royal Oak one-bedroom apartments currently stands at $1,218.0.

When we take a look at the two-bedroom comparison from April to May, Royal Oak experienced a -1.79% decrease for the price of a two-bedroom apartment. The rent price for a Royal Oak two-bedroom apartments currently stands at $1,697.0.

May Prices: Royal Oak vs. Surrounding Areas

Rent Prices in Royal Oak and Surrounding Areas

Rent prices have decreased in Royal Oak over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Royal Oak suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Royal Oak suburbs

  • Rents did not decrease in any of the Royal Oak suburbs.

May 2024 Pricing Trends: Royal Oak vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Royal Oak Rent Prices More Affordable Than Major Cities

Rent growth in Royal Oak over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Royal Oak average rent prices appear to be relatively affordable for local residents.

The price for a Royal Oak one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Royal Oak and surrounding area rent prices, take a look at the complete data set below.

Data set for Royal Oak and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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