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 10% over the last month and have increased by 4% 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 $1,610, whereas a house costs $2,350. 1-bedroom apartments in Downtown Royal Oak run $1,375 on average, while 2-bedroom apartments are $3,425.


Studio	$1,808	3%	16%
1 bedroom	$1,725	14%	7%
2 bedroom	$2,550	1%	16%
3 bedroom	$2,095	55%	67%
4 bedroom	$5,300	No Change	-

		Listings
Downtown Ferndale	$1,804
Downtown Pleasant Ridge	$1,895
Huntington Woods	$1,700
Pembroke	$1,300
Pershing	$1,200
State Fair Nolan	$1,125


Apartments	$1,610	2%	No Change
Condos	$2,700	19%	No Change
Houses	$2,350	2%	No Change

Studio

Average rent

$1,808

Last 30 days

Last year

16%

1 bedroom

Average rent

$1,725

Last 30 days

14%

Last year

2 bedroom

Average rent

$2,550

Last 30 days

Last year

16%

3 bedroom

Average rent

$2,095

Last 30 days

55%

Last year

67%

4 bedroom

Average rent

$5,300

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$2,600

33%

higher than the national median

Median rent price$1,300

33%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Royal Oak, Royal Oak, MI is 100% higher than the median rent in Pembroke, Detroit, MI.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,300

$1,200

$1,125

$1,804

$1,700

Downtown Pleasant Ridge

$1,895

12%

Last year

Discover rentals in Downtown Royal Oak, Royal Oak, MI

4d ago

9.4

Excellent

Center Street Place

620 S Center St, Royal Oak, MI 48067

1 bed

1 bath

$1,350

Apartment for rent

5d+ ago

Downtown Royal Oak apartment for rent in Royal Oak

$1,395 - 1 Bedroom 1 Bathroom Apartment In Downtown Royal Oak With Great Amenities

324 E 3rd St #3, Royal Oak, MI 48067

1 bed

1 bath

$1,395

Apartment for rent

Available Jul 31

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

350 N Main St #608, Royal Oak, MI 48067

2 beds

2 baths

$2,500

Condo for rent

16h ago

Downtown Royal Oak townhouse for rent in Royal Oak

TOWNHOME - Other - Royal Oak, MI

159 Allenhurst Ave, Royal Oak, MI 48067

3 beds

2 baths

$2,700

House for rent

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

TOWNHOME - Other - Royal Oak, MI

1403 S Main St, Royal Oak, MI 48067

2 beds

2 baths

$2,700

Condo for rent

5d+ ago

Downtown Royal Oak condo for rent in Royal Oak

CONDOS - High Rise, Loft - Royal Oak, MI

100 W 5th St #705, Royal Oak, MI 48067

2 beds

2 baths

$3,000

Condo for rent

Stay up to date with rental market insights

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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 $2,600 per month as of June 6, 2026.

Is rent up or down in Downtown Royal Oak?

Average rent prices in Downtown Royal Oak have increased by 10% over the last month and have increased by 4% since last year.

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

Rent in Downtown Royal Oak is 33% above the national average, which means renters are paying approximately $650 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 $104,000/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).

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