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Rental Market Trends in Royal Oak, MI

What is the average rent in Royal Oak, MI?Choose another area

The average rent in Royal Oak, MI, as of July 2025, is approximately $800 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

USA
Market summary

Data is based on rental rates on sulekha.com. Last updated in July  2025.

Average Rental Price Over Time

How much has the average rent changed in Royal Oak, MI?

The average rent for all property types is $800,which is 0% increase compared to the previous year.

  • 2024
  • 2025

Occupied Housing Units in Royal Oak, MI

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    Royal Oak, MIvs
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    $800

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    Neighborhoods Average rent

    Cody-Rouge, MI

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    FAQs

    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Royal Oak, MI?

      The average rent in Royal Oak, MI is around $800 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Royal Oak, MI.

    • How many rentals are available in Royal Oak, MI?

      Currently, there are 19 rental properties available in Royal Oak, MI. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Royal Oak, MI, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Royal Oak, MI?

      If you're looking for budget-friendly neighborhoods in Royal Oak, MI, consider these options:

      • Osborn: Average rent is $850 per month.
      • Cody-Rouge: Average rent is $683 per month.
      • Rosedale Park: Average rent is $600 per month.
      • Brightmoor: Average rent is $600 per month.
      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in Royal Oak, MI?

      The most expensive neighborhoods in Royal Oak, MI are:

      • Rosedale Park: Average rent is $600 per month.
      • Cody-Rouge: Average rent is $683 per month.
      • Brightmoor: Average rent is $600 per month.
      • Osborn: Average rent is $850 per month.

    • How much has the average rent changed in Royal Oak, MI?

      Over the past year, the average rent in Royal Oak, MI have increased by approximately 0%, which translates to $66 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in Royal Oak, MI increased or decreased in the last month?

      The Average rent price in Royal Oak, MI for July 2025 is $800, which is $52 less than in June.

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