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Studio Apartments for Rent in Royal Oak, MI - 3 Rentals available

We found 1 rental in Royal Oak, MI and 2 rentals nearby

  • Apartment in Royal Oak
    3807 Crooks Road, Royal Oak, MI 48073
    $610 - $1,004
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (248) 549-1000

We found 1 rental within a 3-mile radius of Royal Oak, MI

  • Apartment in Madison Heights
    32500 Concord Drive, Madison Heights, MI 48071
    $1,190 - $1,295
    • Studio-2 Beds

We found 1 rental within a 5-mile radius of Royal Oak, MI

  • Apartment in Madison Heights
    1545 East Thirteen Mile Road, Madison Heights, MI 48071
    See current rent specials
    $935 - $1,745
    • Studio-2 Beds

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Royal Oak, MI Demographics

  • Total Population58,689
  • Female 29,258
    Male 29,431
  • Median Age37.3

Average Rent for Studios in Royal Oak, MI

  • The average rent for studios in Royal Oak, MI, December 2018$957/mo
  • Studio$684
  • 1 Bedroom$884
  • 2 Bedrooms$967

Royal Oak, MI Studios Rent Ranges

  • $501-$70076%
  • $701-$1,00024%

Royal Oak, MI Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $957 $684
Jan / 2018 $957 $684
Sept / 2017 $965 $642
May / 2017 $956 $640
Jan / 2017 $945 $613
Sept / 2016 $932 $570
May / 2016 $920 $580
Jan / 2016 $871 $583
Sept / 2015 $874 $582
May / 2015 $844 $515

Royal Oak, MI Households

  • Total Number of Households28,371
  • Family 13,367
    Non-family 15,004
  • Children 5,571
    No Children 22,800
  • Average People Per Household2.06
  • Median Household Income$65,786
  • Median Housing Costs Per Month$1,068

Royal Oak, MI Education Statistics

  • No High School1%
  • Some High School20%
  • Some College20%
  • Associate Degree8%
  • Bachelor Degree32%
  • Graduate Degree19%

Renting a studio apartment in Royal Oak, MI

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in Royal Oak, MI is 678 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $610, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Royal Oak, MI, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 1 listing in Royal Oak, MI and we promise you won’t be disappointed.