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Newest Homes for Rent in Royal Oak, MI

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  • /67

    Starting at $2,298 Per Month

    • 1 - 2 Beds

    1210 Morse Ave, Royal Oak, MI 48067

    Welcome to The Harrison-luxury loft apartments in downtown Royal Oak, MI, where historic industrial character meets modern design. Originally transformed from a warehouse, The Harrison offers one-, two-, and three-bedroom apartments in Royal Oak just steps from the city's top shopping, dining, and nightlife, with easy access to major employers like Corewell Health and downtown

    The Harrison

    (248) 955-2794

    1210 Morse Ave, Royal Oak, MI 48067
  • /21

    Starting at $1,150 Per Month

    • Studio - 2 Beds

    4805 Woodland Ave, Royal Oak, MI 48073

    Welcome Home to Woodland Gardens! If you’re looking to live in a friendly community with a wide-range of amenities, then Woodland Gardens Apartments is perfect for you. Woodland Gardens is also conveniently located just minutes away from many Royal Oak, Clawson and Birmingham attractions. Surrounded by residential housing, Woodland offers a peaceful and serene environment with apartments that

    Woodland Gardens

    (586) 685-7784

    4805 Woodland Ave, Royal Oak, MI 48073
  • /54

    Starting at $2,600 Per Month

    • 1 - 3 Beds

    221 N Main St, Royal Oak, MI 48067

    Billings Place is a high end boutique community located in the heart of downtown Royal Oak. Our versatile floor plans guarantee that no matter your tastes, we have something for you. Urban downtown views can be seen through our floor to ceiling windows, balconies, and sky terraces. Whether it is a warm summer afternoon or a cold winter evening, our outdoor and indoor amenity spaces are always

    Billings Place Luxury Community

    (947) 282-5188

    221 N Main St, Royal Oak, MI 48067
  • /43

    Starting at $1,150 Per Month

    • 1 - 3 Beds

    1132 N Campbell Rd, Royal Oak, MI 48067

    Discover relaxed, resort-style living at District Royal Oak apartments in Royal Oak, MI. Our pet-friendly community offers spacious one, two, and three-bedroom garden-style apartments with modern finishes like white shaker cabinetry, stainless-steel appliances, hardwood-style flooring, and a private patio or balcony. Enjoy exceptional amenities, including two resort-style swimming pools with

    District Royal Oak Apartments

    (248) 859-0729

    1132 N Campbell Rd, Royal Oak, MI 48067
  • /50

    Starting at $2,904 Per Month

    • 1 - 3 Beds

    3351 Bermuda St, Ferndale, MI 48220

    Situated between the thriving neighborhoods of Ferndale and Pleasant Ridge, The Flats at Iron Ridge are the newest edition to the curated revival of Iron Ridge District. The new apartments bring a vibrant flavor of luxury to a once industrial pocket of Ferndale. With thoughtfully planned community amenities complementing well-appointed apartment interiors, The Flats reflect the unique community

    Flats at Iron Ridge

    (586) 600-7810

    3351 Bermuda St, Ferndale, MI 48220
  • /50

    Starting at $3,118 Per Month

    • Studio - 3 Beds

    25090 Woodward Ave, Royal Oak, MI 48067

    Where majesty rises.The pride of a gorgeous home. The power of an award winning, walkable neighborhood. And the possibilities of a new lifestyle in Royal Oak, Michigan. In a landscape both renewed and redefined, The Griffin Royal Oak Apartments rises as the proud residence of choice. Utterly on-trend, yet universally elegant. Close to all you desire in metro Detroit, yet with a unique

    The Griffin Royal Oak

    (586) 571-8958

    25090 Woodward Ave, Royal Oak, MI 48067
  • /28

    Starting at $1,290 Per Month

    • 1 - 2 Beds

    2608 Galpin Ave, Royal Oak, MI 48073

    Welcome to Galpin Apartments, nestled in a prime residential neighborhood of Royal Oak, one of Metro Detroit’s most sought-after suburbs. Our community offers a perfect blend of neighborhood charm and urban accessibility, making it an ideal place to call home.Our thoughtfully updated apartment homes feature beautiful hardwood floors, new energy-efficient windows, and abundant natural

    Galpin Apartments

    (947) 252-7244

    2608 Galpin Ave, Royal Oak, MI 48073
  • /40

    Starting at $2,435 Per Month

    • Studio - 2 Beds

    480-486 N Main St, Royal Oak, MI 48067

    Explore ICON on Main's must-see apartments in Royal Oak, MI. Featuring unfurnished and furnished studios, 1-, and 2-bedroom apartment floor plans, each apartment home offers you the amenities you need, and most importantly, what you want. ICON on Main can accommodate flexible leasing needs, including short and long-term stays for corporate housing, business travel, or personal needs. Enjoy

    ICON on Main - Royal Oak, MI

    (947) 219-1144

    480-486 N Main St, Royal Oak, MI 48067
  • /50

    Starting at $2,185 Per Month

    • Studio - 3 Beds

    118 N Main St, Royal Oak, MI 48067

    Main Living Apartments in Royal Oak, MI offer studio apartments, 1-bedroom, 2-bedroom and 3-bedroom apartments in a beautifully designed brand new community. Discover the perfect balance of luxury and convenience. Enjoy top-tier amenities, including a 24/7 fitness and strength center, relaxing sauna, a community room, pet washing station, elevators, a conference room, vehicle charging stations,

    Main Living Apartments

    (248) 951-9995

    118 N Main St, Royal Oak, MI 48067
  • /18

    Starting at $1,985 Per Month

    • 1 Bed

    1196 S Washington Ave, Royal Oak, MI 48067

    The Roy is unique. Our modern apartments in Royal Oak, MI, provide the best of the suburbs and city living. With the highly sought-after amenities, like a gorgeous, expansive rooftop terrace gated parking garage, paired with the lively social vibe of local hot spots or even at home in our entertainment room, all in a pet-friendly neighborhood. All of this and more is nestled in a beautiful

    The Roy

    (248) 781-3116

    1196 S Washington Ave, Royal Oak, MI 48067
  • /33

    Starting at $815 Per Month

    • Studio - 2 Beds

    3807 Crooks Rd, Royal Oak, MI 48073

    Imagine living where you have great restaurants, shopping, nightlife, and more just minutes from your doorstep. Now imagine you're just far enough to enjoy peace and quiet at the end of a long day. This is what you'll find when you call Amber Apartments home. Choose from one of our Royal Oak or Troy locations and live life on your own terms. The best apartments in Royal Oak and Troy can be

    Amber Apartments

    (586) 571-8787

    3807 Crooks Rd, Royal Oak, MI 48073
  • /28

    Starting at $2,303 Per Month

    • 1 - 2 Beds

    222 E 6th St, Royal Oak, MI 48067

    At The Hazelton Apartments, you can live, work and play in one of Metropolitan Detroit's most vibrant and desirable communities. Uniquely located in Downtown Royal Oak next to a charming residential neighborhood, you have the best of both worlds: enjoy the energy of Downtown RO's best-in-class entertainment, dining and shopping options then retreat to your sanctuary tucked away in a peaceful

    The Hazelton

    (947) 217-5117

    222 E 6th St, Royal Oak, MI 48067
  • /32

    Starting at $1,895 Per Month

    • 2 Beds

    118120 N Center St, Royal Oak, MI 48067

    TRULY WALKING DISTANCE TO EVERYTHING DOWNTOWN ROYAL OAK HAS TO OFFER (WITH A NICE COMMON AREA GREENSPACE)! THE BEST DOWNTOWN LOCATION & VALUE COMBINATION AVAILABLE! CALL TODAY FOR JULY OCCUPANCY!BOTH BEDROOMS ARE LARGE ENOUGH TO ACCEPPT A QUEEN BED ALONG WITH END TABLES AND A DRESSER AND STILL LEAVE PLENTY OF ROOM TO MOVE AROUND. IMAGES AND 3D TOURS ARE ALSO POSTED OF HOW

    Downtown Royal Oak

    (947) 218-7612

    118120 N Center St, Royal Oak, MI 48067
  • /47

    Starting at $2,255 Per Month

    • 1 - 3 Beds

    1712 Midtown Cir, Royal Oak, MI 48073

    Nestled in the heart of Royal Oak, MI Midtown Pointe offers an array of luxury one, two, and three-bedroom apartments and townhomes for rent! This contemporary community is rich with high-end amenities, including a heated outdoor pool and sundeck, a 24-hour fitness center with Peloton bike, an outdoor grilling area, and a pet washing station for your furry companion. Additional perks include a

    Midtown Pointe Apartments

    (947) 207-3406

    1712 Midtown Cir, Royal Oak, MI 48073
  • /35

    Starting at $1,100 Per Month

    • 1 - 2 Beds

    27700 Stephenson Hwy, Madison Heights, MI 48071

    Now under new management! Stephenson House Apartments offers luxury renovated apartments and classic apartments in the beautiful Madison Heights neighborhood. Located minutes away from I-75 and I-696 and just a short drive from downtown Royal Oak and Ferndale, this community offers convenience and a host of amenities, including onsite laundry facilities, swimming pool and an onsite maintenance

    Stephenson House - Madison Heights, MI

    (248) 422-2013

    27700 Stephenson Hwy, Madison Heights, MI 48071
  • /14

    Starting at $1,050

    Total Monthly Price

    • 1 Bed

    1500 E 10 Mile Rd, Ferndale, MI 48220

    Beautifully Renovated 1-Bedroom Apartment! Enjoy comfortable, quiet living in this newly updated 1-bedroom apartment featuring modern finishes throughout. With approximately 650 square feet of well-designed space, this home offers both convenience and style.The fully renovated kitchen includes brand-new cabinets with soft-close functionality, granite countertops, a dishwasher, and a GE

    (947) 217-7115

    1500 E 10 Mile Rd, Ferndale, MI 48220
  • /28

    Starting at $1,295 Per Month

    • 1 - 2 Beds

    3134-3168 Greenfield Rd, Royal Oak, MI 48073

    Discover quiet, comfortable living in well-maintained apartments just minutes from downtown Royal Oak. Camelot Apartments has been owned and managed by the same family for over 40 years — we take pride in long-term relationships and resident satisfaction.Free heat, water & parkingModern kitchen with granite countertopsLarge private balconyCats welcomeSpacious rooms and

    Camelot Apartments

    (947) 500-6938

    3134-3168 Greenfield Rd, Royal Oak, MI 48073
  • /35

    Starting at $950 Per Month

    • 1 - 2 Beds

    405-426 La Plaza Ct, Royal Oak, MI 48073

    Stunningly, updated one bedroom apartment located in fabulous Downtown Royal Oak. Our homes are located throughout various areas of Royal Oak and Clawson and are closely located to both downtown locations. The updated kitchens feature granite counter tops with newer appliances, including dishwasher, refrigerator and microwave. Brand new stackable washer/dryer unit. Hardwood and tile floors

    LaPlaza Apartments and R.O.C. Apartments

    (947) 217-5774

    405-426 La Plaza Ct, Royal Oak, MI 48073
  • /11

    Starting at $1,025 Per Month

    • 1 Bed

    1040-1080 N Campbell Rd, Royal Oak, MI 48067

    Clean, Quiet and spacious describes this apartment. Kitchen has been remodeled and updated . New appliances, stove, refrigerator and dishwasher. Balcony off the living room. Rent includes heat and water, laundry and storage in basement. An absolutely beautiful apartment! Call for more informationNo Application Fees!

    Campbell Manor

    (248) 965-4712

    1040-1080 N Campbell Rd, Royal Oak, MI 48067
  • /52

    Starting at $2,095 Per Month

    • 1 - 2 Beds

    1100 S Main St, Royal Oak, MI 48067

    At Elevate Luxury Apartments, we strategically place our residences in some of Metro Detroit's hottest locales. Combining walkability with luxury amenities, we strive to give our residents the feel of big city living with a host of modern conveniences.

    Elevate Luxury Living

    (586) 999-9783

    1100 S Main St, Royal Oak, MI 48067
  • /10

    Starting at $1,195 Per Month

    • 1 Bed

    3826 Devon Rd, Royal Oak, MI 48073

    Spacious, renovated one-bedroom apartment, available May, 2026. End-unit, which means extra windows and sharing only one wall. Newer kitchen cabinets, countertops and appliances, quiet neighborhood with lots of green space, close to large parks. Ample parking and short drive to downtown Clawson or downtown Royal Oak.Water and heating are included, tenant pays electric and cable/wifi.

    (947) 218-1164

    3826 Devon Rd, Royal Oak, MI 48073
  • /5

    $880 Per Month

    • 2 Beds
    • 1 Bath
    • 1,020 Sq Ft
    • House for Rent

    3712 Hampton Blvd, Royal Oak, MI 48073

    Property Id: 2575821Bright and well maintained 2 bedroom, 1 bathroom duplex unit available on a quiet street in Royal Oak. This unit features a private entrance, a spacious living room with great natural light, a functional kitchen with plenty of storage, two comfortable bedrooms, and free onsite parking. Conveniently located near downtown Royal Oak, Corewell/Beaumont Hospital, parks,

    (319) 320-1897

    3712 Hampton Blvd, Royal Oak, MI 48073
  • /13

    $1,450 Per Month

    • 2 Beds
    • 1 Bath
    • 724 Sq Ft
    • Condo for Rent

    4030 W 13 Mile Rd Unit j2, Royal Oak, MI 48073

    Welcome to your new home in Royal Oak, MI! This inviting property is centrally located, providing easy access to a vibrant community filled with fantastic restaurants, department stores, and outdoor spaces. Just a quick drive away, you will find the Corewell Health William Beaumont University Hospital, making it convenient for work or leisure. Memorial Park, a lovely area for relaxation and

    (248) 963-4908

    4030 W 13 Mile Rd Unit j2, Royal Oak, MI 48073
  • /24

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,243 Sq Ft
    • Condo for Rent

    101 Curry Ave Unit 402, Royal Oak, MI 48067

    Available July 1st. Experience elevated urban living at The 101 Curry, Royal Oak’s iconic loft-style high-rise in the heart of all the shops and restaurants of downtown. This stylish residence features a true loft floor plan with soaring 10-foot ceilings, dramatic floor-to-ceiling windows, rich wood flooring, and a cozy fireplace that creates the perfect blend of industrial character and modern

    Colleen Dely Good Company

    101 Curry Ave Unit 402, Royal Oak, MI 48067
  • /32

    Starting at $1,155 Per Month

    • 1 - 3 Beds

    3115 Evergreen Dr, Royal Oak, MI 48073

    Arlington Townhomes and Apartments provide a peaceful setting, while offering a highly desired Royal Oak location that puts you minutes away from the things that are important to you. Now offering luxury town homes that have it all - elegance, amenities, precise details with a classic new twist. Call, email us at leasing@arlington- or stop by today!Take advantage

    Arlington Townhomes & Apartments

    (586) 488-4379

    3115 Evergreen Dr, Royal Oak, MI 48073
  • /26

    $2,495 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,196 Sq Ft
    • Charming 3-Bedroom Ranch minutes from Woodward Ave, Birmingham, and Berkley!

    3912 Hillside Dr, Royal Oak, MI 48073

    To schedule a showing, click 'inquire', 'more info' or 'schedule showing' and you will be sent an email link.** Please do not disturb current residents. **Welcome to this charming 3-bedroom, 1.5-bathroom home located in a desirable northern Royal Oak neighborhood. This lovely house offers a sunroom, perfect for enjoying the warm rays of sunlight throughout the year. Step outside onto

    3912 Hillside Dr, Royal Oak, MI 48073
  • /34

    $3,500 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • Condo for Rent

    614 S Troy St Unit 205, Royal Oak, MI 48067

    Downtown Royal Oak loft (SW corner unit) with 25ft open ceilings and two story wall windows, one block from Main St. West facing 125 sqft balcony. Two master suites that each include a master closet and master bathroom. Closet organizers. Hardwood floors, granite counters, high end stainless steel appliances and much more. Lease includes 3 TVs + sonos speakers, Secure parking garage with one

    Bradford Higgins D & H Property Management, Inc

    614 S Troy St Unit 205, Royal Oak, MI 48067
  • /48

    $3,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,028 Sq Ft
    • House for Rent

    508 Marlin Ave, Royal Oak, MI 48067

    Welcome to this beautifully updated 3 bedroom, 2.5 bath bungalow, walking distance to Downtown Royal Oak! Thoughtfully designed with an open concept layout, this home offers the ideal space for both everyday living and entertaining. The spacious kitchen flows seamlessly into the main living area and features seating for four at the bar, along with a cozy breakfast nook for dining. Natural

    Mackenzie Hicks @properties Christie's Int'l R.E. Birmingham

    508 Marlin Ave, Royal Oak, MI 48067
  • /2

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • 589 Sq Ft
    • Condo for Rent

    4910 Briarwood Ave Unit A, Royal Oak, MI 48073

    WELCOME to YOUR move-in ready FIRST-FLOOR condo! This one-bedroom, one-bath unit is conveniently located near I-75, Woodward Avenue, Corewell Health Beaumont, Somerset Mall, Meijer, Whole Foods,just to name a few..... and all the various restaurants along Woodward. Enjoy summer with a private swimming pool located right behind the building with a designated Private parking spot. Water and Gas

    Eva Ilia EVA REALTY LLC

    4910 Briarwood Ave Unit A, Royal Oak, MI 48073
  • /50

    Starting at $1,070 Per Month

    • 1 - 3 Beds

    4120A W 13 Mile Rd, Royal Oak, MI 48073

    The apartment homes at Oakwood Villa Apartments feature an array of modern amenities and many extras for your convenience. Choose from a variety of living spaces designed to meet your every need. You`ll be close to transportation, shopping, and great entertainment. Call today to make Oakwood Villa Apartments your new home!

    Oakwood Villa Apartments

    (947) 208-6205

    4120A W 13 Mile Rd, Royal Oak, MI 48073
  • /17

    $7,000 Per Month

    • 3 Beds
    • 3 Baths
    • 2,312 Sq Ft
    • Condo for Rent

    432 S Washington Ave Unit 1701, Royal Oak, MI 48067

    Experience the epitome of luxury at The Fifth! This updated, Penthouse embodies sophistication with its expansive open layout and private balconies, providing an unparalleled vantage point for breathtaking sunrises and stunning panoramic views of the metro area including the iconic Detroit Skyline. The walls of windows infuse the space with natural light, beautifully highlighting the elegant

    Christian Grothe Max Broock, REALTORS®-Birmingham

    432 S Washington Ave Unit 1701, Royal Oak, MI 48067
  • /15

    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • 1,772 Sq Ft
    • House for Rent

    4526 Cooper Ave, Royal Oak, MI 48073

    Newly renovated ranch-style home in Royal Oak, featuring three bedrooms, one bathroom, and an attached garage. Nestled on a corner lot across to a park, this residence boasts recent upgrades, including a fully remodeled kitchen with modern shaker-style cabinets, sleek quartz countertops, and stainless steel appliances. Bathroom was recently updated with a large shower. Applicants must provide

    Kenny Lanzar Arterra Realty Michigan LLC

    4526 Cooper Ave, Royal Oak, MI 48073
  • /42

    Starting at $1,449 Per Month

    • 1 - 2 Beds

    3009 W 13 Mile Rd, Royal Oak, MI 48073

    The Park on 13 offers newly renovated 1 and 2 bedroom apartments in Royal Oak, MI, with modern finishes, spacious layouts, and everyday conveniences designed for comfortable living. Located on W. 13 Mile Road near Corewell Health, Woodward Avenue, downtown Royal Oak, Birmingham, and major Metro Detroit employers, our community gives you access to the Royal Oak lifestyle without downtown

    The Park on 13 Apartments - Royal Oak, MI

    (877) 884-2218

    3009 W 13 Mile Rd, Royal Oak, MI 48073
  • /31

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,281 Sq Ft
    • House for Rent

    1313 Royal Ave, Royal Oak, MI 48073

    Welcome home to this meticulously maintained Royal Oak Bungalow, available for immediate occupancy! Enjoy the comfort of gleaming hardwood floors throughout the main living area and a nice-sized living room bathed in natural light. The beautifully updated kitchen is a chef's delight, featuring granite counters, stylish white cabinetry, glass tile backsplash, and sleek stainless steel appliances.

    Kimberly Nagy Street EXP Realty Nagy Group

    1313 Royal Ave, Royal Oak, MI 48073
  • /32

    $2,700 Per Month

    • 3 Beds
    • 2 Baths
    • 1,137 Sq Ft
    • House for Rent

    1326 Mohawk Ave, Royal Oak, MI 48067

    Located on a desirable street just a short walk to downtown Royal Oak, as well as children and dog parks, this home is an attractive choice for families and pet owners alike. This charming residence features open floor design and 3 spacious bedrooms and 2 full bathrooms. The main floor includes a primary suite with a renovated full bath located conveniently in the hallway, second floor have 2

    Frank Zhang Bluesky Realty Experts

    1326 Mohawk Ave, Royal Oak, MI 48067
  • /38

    $2,400 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,100 Sq Ft
    • House for Rent

    3516 Greenway Ave, Royal Oak, MI 48073

    Nice 3 bedroom , 2.1 bathroom ranch in a great location! Worry free living. All appliances and mechanical are covered through consumer energy. New stainless kitchen appliances and washer/dryer. You'll love everything about this cool house. Finished basement with glass block bar in the finished basement! Over-sized shed. Walking distance to restaurants, retail/grocery stores, pubs, hotels, and

    Anna Guloyan The Agency Hall & Hunter

    3516 Greenway Ave, Royal Oak, MI 48073
  • /21

    Starting at $1,400 Per Month

    • 1 Bed

    4312-4316 W 13 Mile Rd, Royal Oak, MI 48073

    Altitude Apartments are a new and upcoming property that is in progress of a beautiful transformation! We are so excited for what is coming available. Great location, with restaurants, shopping, and nightlife. We are across the street from Edo Sushi. Within a 5-minute walk from Beaumont Hospital, Royal Oak. We do a preferred employer access for Beaumont Hospital

    Altitude West (Altitude RPB, LLC)

    (269) 247-4550

    4312-4316 W 13 Mile Rd, Royal Oak, MI 48073
  • /26

    $3,000 Per Month

    • 3 Beds
    • 3 Baths
    • 1,474 Sq Ft
    • House for Rent

    225 Fairgrove Ave, Royal Oak, MI 48067

    IMMEDIATE OCCUPANCY – available the first week of June! Move right in to this beautifully maintained home featuring three spacious bedrooms and three full bathrooms. Filled with natural sunlight throughout, this home offers an open and inviting feel from the moment you walk in. The large kitchen with stainless steel appliances overlooks the expansive deck and backyard, creating the perfect space

    Debbie Spencer @properties Christie's Int'l R.E. Birmingham

    225 Fairgrove Ave, Royal Oak, MI 48067
  • /20

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,119 Sq Ft
    • Condo for Rent

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

    Western facing unit on the 7th floor with beautiful sunset views available for immediate occupancy. Spacious kitchen, dining and great room area with wood floors. Kitchen with island, granite counters and SS appls. Great room with gas fireplace has to doorwall out to the balcony. Primary bedroom suite with window views, a large WIC and en suite bath. Second bedroom with a second full bath. In

    Chris Pero Max Broock, REALTORS®-Birmingham

    100 W 5th #705 St Unit 705, Royal Oak, MI 48067
  • /18

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,018 Sq Ft
    • House for Rent

    3011 Ferris Ave, Royal Oak, MI 48073

    Step into this beautifully maintained 3-bedroom, 2-bath home offering the perfect blend of comfort, convenience, and modern updates. Enjoy an updated kitchen with ample counter space and newer appliances, hardwood floors in major living areas, and a bright, open layout ideal for everyday living. The home sits on a deep, fully fenced lot, providing plenty of outdoor space for relaxation or

    Tony Shkreli Community Choice Realty Inc

    3011 Ferris Ave, Royal Oak, MI 48073

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Frequently Asked Questions

How much does it cost to rent a home in Royal Oak, MI?
The median rent for a home in Royal Oak, MI is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Royal Oak, MI?
To comfortably afford the median rent in Royal Oak, MI, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Royal Oak, MI, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Royal Oak, MI?
In Royal Oak, MI, the price-to-rent ratio is 13.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Royal Oak, MI are best for renting a home?
The best neighborhood for renting in Royal Oak, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northwest Warren, Southwest Warren and Garden Homes, each with its own character and price range.

Rental Home Trends in Royal Oak, MI

Rental Home Trends

Number of Homes for Rent
202
Median Rent
$2,200
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$2,700
Median Condo Rent
$1,700
How to Rent a Home