Average Rent in Downtown Royal Oak, Royal Oak, MI and Rent Price Trends

Rent trends in Downtown Royal Oak, Royal Oak, MI

Average rent prices in Downtown Royal Oak have increased by 21% over the last month and have decreased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Downtown Royal Oak, Royal Oak, MI

Rent prices in Downtown Royal Oak vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Royal Oak is $1,704, whereas a house costs $2,600. 1-bedroom apartments in Downtown Royal Oak run $1,395 on average, while 2-bedroom apartments are $3,620.


Studio	$1,899	3%	47%
1 bedroom	$1,725	41%	19%
2 bedroom	$2,500	4%	5%
3 bedroom	$2,075	1%	63%
4 bedroom	$3,500	No Change	-

		Listings
Downtown Ferndale	$1,850
Downtown Pleasant Ridge	$2,000
Huntington Woods	$1,500
Pembroke	$1,350
Pershing	$1,200
State Fair Nolan	$1,147


Apartments	$1,704	18%	No Change
Condos	$3,000	8%	No Change
Houses	$2,600	1%	No Change

Studio

Average rent

$1,899

Last 30 days

Last year

47%

1 bedroom

Average rent

$1,725

Last 30 days

41%

Last year

19%

2 bedroom

Average rent

$2,500

Last 30 days

Last year

3 bedroom

Average rent

$2,075

Last 30 days

Last year

63%

4 bedroom

Average rent

$3,500

The table above reflects average rent prices in Downtown Royal Oak, Royal Oak, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Downtown Royal Oak, Royal Oak, MI compare to other neighborhoods?

Compare median rent prices in Downtown Royal Oak and Pembroke by all bedroom counts and property types.

Downtown Royal Oak

Median rent price$2,082

higher than the national median

Median rent price$1,350

31%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Royal Oak, Royal Oak, MI is 54% higher than the median rent in Pembroke, Detroit, MI.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,350

$1,200

$1,147

$1,850

$1,500

Downtown Pleasant Ridge

$2,000

15%

Last year

Discover rentals in Downtown Royal Oak, Royal Oak, MI

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

TOWNHOME - Other - Royal Oak, MI

1337 S Washington Ave, Royal Oak, MI 48067

2 beds

2 baths

$2,350

Condo for rent

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

CONDOS - Colonial - Royal Oak, MI

160 Tiffany Ln, Royal Oak, MI 48067

3 beds

2 baths

$3,000

Condo for rent

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Frequently asked questions for Downtown Royal Oak, Royal Oak, MI

Quick answers to common questions about the Downtown Royal Oak rental market.

How much is rent in Downtown Royal Oak?

The average rent in Downtown Royal Oak is $2,082 per month as of July 18, 2026.

Is rent up or down in Downtown Royal Oak?

Average rent prices in Downtown Royal Oak have increased by 21% over the last month and have decreased by 13% since last year.

How does Downtown Royal Oak rent compare to the national average?

Rent in Downtown Royal Oak is 7% above the national average, which means renters are paying approximately $137 more per month.

What salary do I need to afford rent in Downtown Royal Oak?

To comfortably afford rent in Downtown Royal Oak, you'd need to earn approximately $83,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).