The Harrison
1210 Morse Ave,
Royal Oak, MI 48067
1-2 Beds | $2,428 - $3,536
Rental Market Trends in Royal Oak, MI
Updated July 2026
The average rent in Royal Oak, MI is $1,378/month.
Rent in Royal Oak is 17% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,378/month
Average Rent
714 Sq Ft
Average Size
+3%
Change / Year
789
Available Apartments
Royal Oak rent varies by unit size and layout:
- Studio apartments in Royal Oak average $1,267 per month.
- One-bedroom apartments in Royal Oak average $1,378 per month.
- Two-bedroom apartments in Royal Oak average $1,739 per month.
- Three-bedroom apartments in Royal Oak average $2,639 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Royal Oak, MI?
In the past year, rent has increased by 3%, which averages out to $42 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Royal Oak, MI
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
16%
$700 - $1,000/month
57%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Royal Oak?
Based on current rent prices, Downtown Royal Oak is the most affordable neighborhood in Royal Oak.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Royal Oak?
Based on current rent prices, Downtown Royal Oak is the most expensive neighborhood in Royal Oak.
Neighborhood
Average Rent
Average Sq Ft
Which Royal Oak neighborhoods have the most rentals available?
The neighborhood in Royal Oak with the most apartments available is Downtown Royal Oak .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Royal Oak, MI?
Because the average rent in Royal Oak is $1,378, you’ll want to make about $4,593 per month or $55,116 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Royal Oak, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Royal Oak, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Royal Oak Area GuideStudio
$1,690/month
$1,690/month
One Bedroom
$2,654/month
$2,654/month
Two Bedroom
$3,573/month
$3,573/month
Three Bedroom
$4,334/month
$4,334/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Royal Oak?
The average rent in Royal Oak is $1,378 per month, which is 17.1% lower than the national average of $1,662.
What is the average rent for a house in Royal Oak?
The average rent for a house in Royal Oak, MI is $2,457 per month.
What is the average rent for a townhome in Royal Oak?
The average rent for a townhome in Royal Oak, MI is $2,225 per month.
What is the average rent for a condo in Royal Oak?
The average rent for a condo in Royal Oak, MI is $1,501 per month.
Are rents going up or down in Royal Oak?
Rents in Royal Oak, MI are increasing, with prices up 3.0% year-over-year and $42 more per month.
What rent range is most common in Royal Oak?
In Royal Oak, MI, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.