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Cheap Apartments for Rent in Royal Oak, MI - 39 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Royal Oak, MI Demographics

  • Total Population59,107
  • Female 29,839
    Male 29,268
  • Median Age36

Average Rent in Royal Oak, MI

  • Royal Oak, MI Average Rental Price, February 2020 $1,033 /mo

Royal Oak, MI Apartment Rent Ranges

  • $701-$1,00064%
  • $1,001-$1,50029%
  • $1,501-$2,0004%
  • > $2,0002%

Royal Oak, MI Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Royal Oak, MI $945 $956 $965 $957 $957 $974 $985 $1,017 $1,070 $1,033
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Check out the average rent prices in Royal Oak by neighborhood.

Royal Oak, MI Households

  • Total Number of Households28,467
  • Family 13,436
    Non-family 15,031
  • Children 5,208
    No Children 23,259
  • Average People Per Household2.07
  • Median Household Income$78,741
  • Median Housing Costs Per Month$1,163

Royal Oak, MI Education Statistics

  • No High School1%
  • Some High School17%
  • 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 39 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 $1,033 per month so any rental south of $826 would be considered cheap here. On RENTCafé, Royal Oak, MI rents go as low as $635/mo.

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