Last updated
Average Rent in Royal Oak, MI & Rent Trends
Rent prices and market trends across 1 apartment community in Royal Oak, MI. Updated daily.
Market Average
$2,600/mo
Lowest Available
$2,500/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Is Rent Going Up or Down in Royal Oak, MI?
As of July 2026, the average rent in Royal Oak, MI is $2,600 per month across 1 apartment community and 2 available units.
The most affordable option is Midtown Pointe starting at $2,500/mo. By unit type, a 3-bedroom averages $2,600/mo.
Prices range from $2,500 to $2,700 per month. The most common price point is the $2,400 range, where 1 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Royal Oak, MI
Rent Prices by Apartment in Royal Oak, MI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Midtown Pointe | $2,500/mo | $2,600/mo | 2 | 4.5 |
Google Search Trends for Royal Oak, MI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Royal Oak, MI
What is the average rent in Royal Oak, MI?
Is rent going up or down in Royal Oak, MI?
What is the cheapest apartment in Royal Oak, MI?
How many apartments are available in Royal Oak, MI?
What salary do I need to live comfortably in Royal Oak, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$104,000/year
Based on the 30 percent rule, using our tracked average rent of $2,600/mo.
Comfortable income
$125,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,500/mo), you need to earn at least $100,000/year.
Median household income in Royal Oak, MI is $95,182 , about 24% below the comfortable-living threshold.
Cost of living in Royal Oak, MI
Overall prices in Royal Oak, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Royal Oak, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,600 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $5,694/mo |
Population
57,880
Median household income
$95,182
Census median rent
$1,335/mo
Rent as % of income
23.7%
Median age
36.9
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Royal Oak, MI Apartments
Browse all 1 communities with daily-updated pricing and availability.