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 decreased by 15% over the last month and have decreased by 19% 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 $1,400, whereas a house costs $2,150. 1-bedroom apartments in Downtown Royal Oak run $1,495 on average, while 2-bedroom apartments are $1,475.


Studio	$1,895	2%	1%
1 bedroom	$1,435	27%	21%
2 bedroom	$1,800	7%	27%
3 bedroom	$2,650	No Change	-
4 bedroom	$2,700	No Change	-

		Listings
Downtown Ferndale	$1,600
Downtown Pleasant Ridge	$1,850
Huntington Woods	$1,925
Pembroke	$1,300
Pershing	$1,250
State Fair Nolan	$1,050


Apartments	$1,400	10%	No Change
Condos	$3,000	2%	No Change
Houses	$2,150	1%	No Change

Studio

Average rent

$1,895

Last 30 days

Last year

1 bedroom

Average rent

$1,435

Last 30 days

27%

Last year

21%

2 bedroom

Average rent

$1,800

Last 30 days

Last year

27%

3 bedroom

Average rent

$2,650

4 bedroom

Average rent

$2,700

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$2,100

11%

higher than the national median

Median rent price$1,300

32%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Royal Oak, Royal Oak, MI is 62% higher than the median rent in Pembroke, Detroit, MI.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,300

$1,250

$1,050

$1,600

$1,925

Downtown Pleasant Ridge

$1,850

N/A

Last year

Discover rentals in Downtown Royal Oak, Royal Oak, MI

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

Condominium, 2 Story, 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 $2,100 per month as of September 5, 2026.

Is rent up or down in Downtown Royal Oak?

Average rent prices in Downtown Royal Oak have decreased by 15% over the last month and have decreased by 19% since last year.

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

Rent in Downtown Royal Oak is 11% above the national average, which means renters are paying approximately $200 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 $84,000/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).