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

Rental Market Trends in Royal Oak, MI

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Royal Oak, MI is $2,085 per month, which is 6% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,085
-0.7%
-$15 decrease month-over-month
4.3%
$85 increase year-over-year

AVAILABLE RENTALS

247

APARTMENTS

$1,408

HOUSES

$2,450

TOWNHOUSES

$1,800
As of July 2026, apartments are the most affordable rental option in Royal Oak, MI at $1,408 per month, while houses are the most expensive at $2,450 per month. Townhomes average $1,800 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$1,795
3 Bedrooms$2,450
4 Bedrooms$3,100
All$2,085
As of July 2026, the average rent for a 1 bedroom rental in Royal Oak, MI is $1,250 per month, followed by $1,795 for a 2 bedroom rental, $2,450 for a 3 bedroom rental, and $3,100 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +2% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)

Rent distribution

33% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $790 to $8,500.
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