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Cheap Apartments for Rent in Royal Oak, MI - 34 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.

Frequently Asked Questions

What is the average size of a cheap apartment in Royal Oak, MI?

The average Royal Oak, MI cheap apartment size is 632 sq. ft.

What are the advantages of renting a cheap apartment in Royal Oak, MI?

Cheap apartments in Royal Oak, MI are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Royal Oak, MI?

A cheap apartment in Royal Oak, MI offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Royal Oak, MI.

Royal Oak, MI Demographics

  • Total Population59,195
  • Female 29,757
    Male 29,438
  • Median Age35.8

Average Rent in Royal Oak, MI

  • Royal Oak, MI Average Rental Price, June 2021 $1,150 /mo

Royal Oak, MI Apartment Rent Ranges

  • $701-$1,00055%
  • $1,001-$1,50033%
  • $1,501-$2,0006%
  • > $2,0005%

Royal Oak, MI Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Jun / 2021
Royal Oak, MI $957 $957 $974 $985 $1,017 $1,070 $1,033 $1,117 $1,131 $1,150
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407
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Check out the average rent prices in Royal Oak by neighborhood.

Royal Oak, MI Households

  • Total Number of Households28,728
  • Family 13,481
    Non-family 15,247
  • Children 5,281
    No Children 23,447
  • Average People Per Household2.05
  • Median Household Income$81,665
  • Median Housing Costs Per Month$1,202

Royal Oak, MI Education Statistics

  • No High School1%
  • Some High School17%
  • Some College20%
  • Associate Degree7%
  • Bachelor Degree34%
  • 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 34 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 $1,150 per month so any rental south of $920 would be considered cheap here. On RENTCafé, Royal Oak, MI rents go as low as $660/mo.

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