Rentometer, Inc. | Data as of 10/24/2025
Royal Oak’s rental market offers a dynamic blend of apartments and single‑family homes, catering to professionals, families, and students drawn to the city’s vibrant downtown scene and its close proximity to Detroit. The area is celebrated for its walkable streets, lively arts district, and popular venues such as the Royal Oak Music Theatre and the historic Downtown Royal Oak shopping corridor. These amenities, combined with easy access to major highways and public transit, make the city a sought‑after location for renters looking for both convenience and community.
Apartment options range from studios and one‑bedroom units, which typically sit in the $1300‑$1600 range, to spacious three‑bedroom layouts that command prices in the $2800‑$2900 bracket. Houses provide additional space, with one‑ and two‑bedroom homes generally falling between $1300 and $1900, while larger family homes with three or more bedrooms often reach the $2300‑$3000 level. Prospective tenants can expect a variety of housing styles, from modern high‑rise apartments near Main Street to charming detached homes in established neighborhoods like the Oaklands and the East End.
The city’s blend of cultural attractions, green spaces such as the Royal Oak Farmers Market and the scenic Heritage Park, and a robust local dining scene contribute to a rental environment that balances affordability with quality of life. Whether you’re seeking a compact studio near the entertainment district or a larger house for a growing family, Royal Oak’s rental landscape provides flexible options that align with diverse lifestyle needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,418 | $1,325 | $1,065 - $2,030 | $1,125 - $1,833 |
| Apartment | 1 Bedroom | $1,585 | $1,320 | $850 - $3,912 | $1,125 - $1,975 |
| Apartment | 2 Bedroom | $2,359 | $1,850 | $1,050 - $6,075 | $1,575 - $2,900 |
| Apartment | 3 Bedroom | $2,986 | $2,295 | $1,400 - $6,625 | $1,995 - $2,604 |
| House | 1 Bedroom | $1,365 | $1,300 | $1,095 - $1,700 | $1,200 - $1,600 |
| House | 2 Bedroom | $1,785 | $1,750 | $950 - $2,750 | $1,600 - $1,975 |
| House | 3 Bedroom | $2,362 | $2,300 | $1,000 - $4,750 | $1,995 - $2,600 |
| House | 4+ Bedroom | $3,747 | $2,900 | $2,000 - $8,500 | $2,650 - $4,500 |
In the current period, the average rent in Royal Oak was $1,418 for Studio, $1,569 for 1 Bedroom, $2,116 for 2 Bedroom, $2,389 for 3 Bedroom, and $3,329 for 4+ Bedroom.
Data provided by Rentometer, Inc.