What's the average rent in Royal Oak, MI?
Rental Market Trends in Royal Oak, MI
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Royal Oak, MI is $1,950 per month, which is about the same as the national average rent of $1,951 per month.
AVERAGE RENT
$1,950
2.6%$50 increase month-over-month
2.6%$50 increase year-over-year
AVAILABLE RENTALS
275
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Royal Oak, MI at $1,376 per month, while houses are the most expensive at $2,400 per month. Townhomes average $1,995 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,695 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $3,950 |
| All | $1,950 |
As of June 2026, the average rent for a 1 bedroom rental in Royal Oak, MI is $1,250 per month, followed by $1,695 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $3,950 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | — |
| All | $1,995 |
As of June 2026, the average rent for a 1 bedroom townhome in Royal Oak, MI is $1,300 per month, followed by $1,900 for a 2 bedroom townhome, and $2,200 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,675 |
| 3 Bedrooms | $2,650 |
| 4 Bedrooms | — |
| All | $1,495 |
As of June 2026, the average rent for a 1 bedroom apartment in Royal Oak, MI is $1,200 per month, followed by $1,675 for a 2 bedroom apartment, and $2,650 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,894 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $3,950 |
| All | $2,400 |
As of June 2026, the average rent for a 2 bedroom house in Royal Oak, MI is $1,894 per month, followed by $2,400 for a 3 bedroom house, and $3,950 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +5% compared to the previous year, which is a +$95 increase.
This year (2026)
Last year (2025)
Rent distribution
30% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $8,500.