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Cheap Apartments for Rent in Royal Oak, MI - 35 Rentals available

We found 1 rental in Royal Oak, MI and 34 rentals nearby

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Apartments Under $700

Apartments Under $700

  • Apartment

    3807 Crooks Road, Royal Oak, MI 48073
    $610 - $1,004
    • Studio-2 Beds
    • 1-2 Baths
    Friedman Integrated Real Estate Solutions
    Available Today!
    (248) 549-1000

We found 1 rental within a 2-mile radius of Royal Oak, MI

  • Apartment

    2580 Oxford Road B-5, Berkley, MI 48072
    $1,029
    • 1 Bed

We found 33 rentals within a 5-mile radius of Royal Oak, MI

  • Apartment

    500 Coachman Dr., Troy, MI 48083
    $875 - $1,075
    • 1-2 Beds
  • Apartment

    25225 Greenfield, Southfield, MI 48075
    $630 - $800
    • 1-2 Beds
  • Apartment

    16099 W 11 Mile Road,, Southfield, MI 48076
    Contact for Pricing
    • 1 Bed
  • Apartment

    36200 Dequindre Road, Sterling Heights, MI 48310
    $923 - $1,918
    • 1-2 Beds
  • Apartment

    1045 East Woodward Heights Blv, Hazel Park, MI 48030
    $719 - $819
    • 1-2 Beds

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Royal Oak, MI Demographics

  • Total Population58,973
  • Female 29,476
    Male 29,497
  • Median Age36.2

Average Rent in Royal Oak, MI

  • Royal Oak, MI Average Rental Price, April 2019$974/mo

Royal Oak, MI Apartment Rent Ranges

  • $501-$7006%
  • $701-$1,00062%
  • $1,001-$1,50029%
  • $1,501-$2,0003%

Royal Oak, MI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Apr / 2019
Royal Oak, MI $871 $920 $932 $945 $956 $965 $957 $957 $974
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average rent is projected to grow by 3% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 4806748073

Check out the average rent prices in Royal Oak by neighborhood.

Royal Oak, MI Households

  • Total Number of Households28,548
  • Family 13,426
    Non-family 15,122
  • Children 5,279
    No Children 23,269
  • Average People Per Household2.06
  • Median Household Income$74,140
  • Median Housing Costs Per Month$1,108

Royal Oak, MI Education Statistics

  • No High School1%
  • Some High School18%
  • Some College21%
  • Associate Degree7%
  • Bachelor Degree33%
  • Graduate Degree20%

Looking for a cheap apartment for rent in Royal Oak, MI? With RENTCafé, finding an affordable apartment in Royal Oak, MI has never been easier. We feature 32 low-priced rentals directly from property managers, with rents lower than the Royal Oak, MI average. What is a cheap rent in Royal Oak, MI? The average apartment rent in Royal Oak is $974 per month so any rental south of $779 would be considered cheap here. On RENTCafé, Royal Oak, MI rents go as low as $610/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!