What's the average rent in Royal Oak, MI?

Rental Market Trends in Royal Oak, MI

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

$1,376

HOUSES

$2,400

TOWNHOUSES

$1,995
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 typeAverage 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.

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.
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