5+ Days Ago
Highlights
- Open concept kitchen
- Two car garage
- Dining area
- Living room
- Entertaining area
- Master bedroom with walk-in closet
Location
533 Walnut Ave, Royal Oak, MI 48073, USA
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Amenities for 533 Walnut Ave
Features
| 2 Floors | Ceiling Fan |
| Central Air | Deck |
| Walk-in Closet |
Community
| Basement |
Grounds
| Garage Parking | Outdoor Space |
Other
| Architecture Style: Colonial | Ceiling Fans |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 533 Walnut Ave
Property Status: Pending Great opportunity to rent this beautiful home just one mile from Downtown Royal Oak. Master bedroom with walk-in closet and master bath with jetted tub. Open concept kitchen looks out to living room. Family room and dining open up to backyard with large deck allows for a great entertaining area. Spacious basement with entertainment room. Newer driveway and two car garage. Office Phone: (248) 910-4142 Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 533 Walnut Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 4-bedroom is 807 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Zip code | 48073 |
|---|---|
| Type | House for rent |
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Rent trends in Royal Oak
4-bedroom apartments at 533 Walnut Ave cost about the same as the average rent price for 4-bedroom apartments in Royal Oak.
Median rents as of May 16 2026.
Royal Oak
| Month | Median Rent |
|---|---|
| June 2024 | $2,370 |
| July 2024 | $2,368 |
| August 2024 | $2,719 |
| September 2024 | $2,799 |
| October 2024 | $2,799 |
| November 2024 | $2,589 |
| December 2024 | $3,150 |
| January 2025 | $3,693 |
| February 2025 | $3,930 |
| March 2025 | $3,409 |
| April 2025 | $3,000 |
| May 2025 | $3,000 |
| June 2025 | $3,450 |
| July 2025 | $2,734 |
| August 2025 | $2,817 |
| September 2025 | $3,055 |
| October 2025 | $3,492 |
| November 2025 | $3,520 |
| December 2025 | $3,212 |
| January 2026 | $3,121 |
| February 2026 | $2,967 |
| March 2026 | $2,887 |
| April 2026 | $3,175 |
| May 2026 | $3,400 |
Affordability calculator
Can I afford to live at 533 Walnut Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$144,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $144,000 annually to afford this 4-bedrooms monthly rent price of $3,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $3,600 |
Schools near 533 Walnut Ave
Northwood Elementary School
926 w 12 mile rd
royal oak, MI, 48073
K-5Public
A-
Kennedy Learning Center
16229 mount vernon st
southfield, MI, 48075
PK, K-12Public
Birmingham Public Schools Early Childhood Center
2121 midvale st
birmingham, MI, 48009
PKPublic
Schofield Elementary School
21555 warner ave
warren, MI, 48091
KPublic
B+
The School at Marygrove
8425 w mcnichols rd
detroit, MI, 48221
K-12Public
C-
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Internet available near 533 Walnut Ave
Getting around Royal Oak near 533 Walnut Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 533 Walnut Ave, Royal Oak
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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Check availability
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