Cheap Apartments for Rent in 48073
127 rentals
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- $900 - $1,080/mo1-2 Beds1 BathDevon Park Apartments | 3825 Crooks Rd #265ac30db,
Royal Oak, MI 48073 - NEW - 2 DAYS AGOPET FRIENDLY
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- $1,055 - $1,550/mo1-2 Beds1 BathElmsleigh Apartments | 1880 Rochester Rd #914ce74d8,
Royal Oak, MI 48073 - $1,120 - $1,480/moStudio-2 Beds1 BathWoodland Gardens | 4805 Woodland Ave #8915010,
Royal Oak, MI 48073 - $1,150 - $1,189/mo1 Bed1 BathOne11 Collection - Royal Oak | 3382 Harvard Rd #205,
Royal Oak, MI 48073 - $1,155 - $1,630/mo1-2 Beds1 BathArlington Townhomes & Apartments | 3115 Evergreen Dr #12-1602C,
Royal Oak, MI 48073 - $1,240 - $1,440/mo2-3 Beds1 BathOakwood Villa Apartments | 4120A W Thirteen Mile Rd #1-4046B,
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Average Rent Trends in 48073
Rent in 48073 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,628 |
| Jul 2025 | $1,639 |
| Aug 2025 | $1,750 |
| Sep 2025 | $1,600 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,730 |
| Dec 2025 | $1,690 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,750 |
| Mar 2026 | $1,630 |
| Apr 2026 | $1,600 |
| May 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,495 | $2,300 | $4,500 | $1,650 |
| Townhomes | $1,300 | $1,695 | $1,790 | — | $1,695 |
| Apartments and Condos | $1,250 | $1,495 | $2,650 | — | $1,350 |
| Houses | — | $1,650 | $2,350 | $4,500 | $2,350 |
Frequently Asked Questions about Rentals in 48073
- What is the average rent of an apartment in 48073?The average rent of an apartment in 48073 is $1,266 per month. This is about 34% lower than the national average.
- What is the average rent of a house in 48073?The average rent of a house in 48073 is $2,350 per month. This is about 22% higher than the national average.
- What is the average rent of a townhome in 48073?The average rent of a townhome in 48073 is $1,695 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in 48073?In the last year, the average rent in 48073 was lowest in Sep 2025 when it was $1,600 per month.
- When is the average rent most expensive in 48073?In the last year, the average rent in 48073 was highest in Feb 2025 when it was $1,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48073?The average rent of a 1 bedroom apartment in 48073 is $1,200 per month. That is about $67 more than the cost of a studio apartment.
- How many available rental listings are in 48073?There are 128 available rental listings in 48073.
- What are some cities near 48073?Some nearby cities include: Royal Oak, Clawson, Berkley, Huntington Woods, Madison Heights, Birmingham. These cities may have more rental options to explore.