Royal Oak, MI Rental Market Trends
What is the average rent in Royal Oak?
The average rent for an apartment in Royal Oak is $1,383. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Royal Oak, MI
|Average Rent||Average Apartment Size|
|$1,383||892 sq. ft.|
What is the average apartment size in Royal Oak?
The average size for a Royal Oak, MI apartment is 892 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Royal Oak, MI apartment rent ranges
Royal Oak, MI Occupied Housing Units
10,077 or 35% of the households in Royal Oak, MI are renter-occupied while 18,856 or 65% are owner-occupied.
Royal Oak, MI rent trends
How Royal Oak Compares to Other Cities