Cheap Apartments for Rent in Royal Oak, MI
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$1,125 - $1,400/mo
1 Bed
1 BathAltitude West (Altitude RPB, LLC) | W Thirteen Mile Rd,
Royal Oak, MI 48073
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PET FRIENDLY$1,155 - $1,265/mo1-2 Beds1 BathArlington Townhomes & Apartments | Evergreen Dr,
Royal Oak, MI 48073
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Average Rent Trends in Royal Oak, MI
Rent in Royal Oak, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,000 |
| Sep 2025 | $1,900 |
| Oct 2025 | $2,020 |
| Nov 2025 | $1,980 |
| Dec 2025 | $1,950 |
| Jan 2026 | $1,995 |
| Feb 2026 | $1,995 |
| Mar 2026 | $1,895 |
| Apr 2026 | $1,875 |
| May 2026 | $1,900 |
| Jun 2026 | $1,995 |
| Jul 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In July 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 | $1,250 | $1,800 | $2,400 | $3,194 | $2,175 |
| Townhomes | $1,300 | $1,995 | $2,000 | — | $1,995 |
| Apartments and Condos | $1,225 | $1,800 | $2,700 | $3,150 | $1,525 |
| Houses | $1,400 | $2,095 | $2,395 | $3,194 | $2,400 |
Frequently Asked Questions about Rentals in Royal Oak, MI
- What is the average rent of an apartment in Royal Oak, MI?The average rent of an apartment in Royal Oak, MI is $1,402 per month. This is about 29% lower than the national average.
- When is the average rent cheapest in Royal Oak, MI?In the last year, the average rent in Royal Oak, MI was lowest in May 2025 when it was $1,850 per month.
- When is the average rent most expensive in Royal Oak, MI?In the last year, the average rent in Royal Oak, MI was highest in Jul 2025 when it was $2,050 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Royal Oak, MI?The average rent of a 1 bedroom apartment in Royal Oak, MI is $1,250 per month. That is about $155 more than the cost of a studio apartment.
- How many available rental listings are in Royal Oak, MI?There are 257 available rental listings in Royal Oak, MI.
- What are some zip codes in Royal Oak, MI?
- What are some cities near Royal Oak, MI?Some nearby cities include: Berkley, Clawson, Huntington Woods, Madison Heights, Pleasant Ridge. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Royal Oak, MI - 416 Rentas | Trulia