Average Rent in Royal Oak, MI

Royal Oak rentals average $945 for a 1-bedroom rental to $1,950 for a 3-bedroom rental. The median price of all currently available listings is $1,550, or roughly $21 per square feet.

For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,475 to $1,475. 1-bedroom rentals prices have increased by $42 (3.76%) year-over-year from $1,108 to $1,150. 2-bedroom rentals prices have decreased by $762 (-30.94%) year-over-year from $2,462 to $1,700. 3-bedroom rentals prices have decreased by $209 (-8.60%) year-over-year from $2,434 to $2,225. 4-bedroom rentals prices have increased by $1,306 (32.68%) year-over-year from $3,994 to $5,300. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 4.55% this month. 2-bedroom rents have gone down by 12.59% this month. 3-bedroom rents have gone down by 0.73% this month. 4-bedroom rents have gone down by 0.00% this month.