Average Rent in Royal Oak, MI
1 apartment buildings, 1 units. Real asking prices, refreshed daily.
Avg Rent
$2,500/mo
Cheapest
$2,500/mo
Properties
1
Units
1
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Royal Oak, MI.
Average Rent by Property
Starting Price vs Average
Price per Square Foot
Royal Oak, MI Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Midtown Pointe 1712 Midtown Cir, Royal Oak, MI 48073, USA | $2,500 | $2,500 | $1.92 | 4.5 (112) | 1 |
Explore Each Property
Royal Oak, MI Average Rent Prices 2026
The average rent in Royal Oak, MI is $2,500 per month, based on 1 units across 1 apartment communities. Prices range from $2,500 at Midtown Pointe to $2,500 at Midtown Pointe.
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Royal Oak, MI, and what they pay
Tracked tracked rent in Royal Oak, MI averages $2,500/mo. At the local median household income of $95,182, that works out to 32% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Royal Oak, MI at $1,335/mo. The current tracked market average runs 87% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Royal Oak, MI while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Royal Oak, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$100,000/year
30 percent rule -- using our average rent of $2,500/mo.
Comfortable income
$120,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Royal Oak, MI is $95,182 , about 21% below the comfortable-living threshold.
Cost of living in Royal Oak, MI
Overall prices in Royal Oak, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Royal Oak, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,500 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $5,594/mo |
Population
57,880
Median household income
$95,182
Census median rent
$1,335/mo
Rent as % of income
23.7%
Median age
36.9
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Michigan
How Royal Oak, MI rent compares to other markets in the state.
| City | Avg Rent | vs Royal Oak, MI | Properties |
|---|---|---|---|
| Sterling Heights, MI | $1,454 | -42% | 14 |
| Lansing, MI | $1,556 | -38% | 14 |
| Detroit, MI | $1,969 | -21% | 12 |
| Livonia, MI | $1,265 | -49% | 11 |
| Kalamazoo, MI | $1,913 | -23% | 11 |
| Farmington Hills, MI | $1,873 | -25% | 7 |
Frequently asked questions
What is the average rent in Royal Oak, MI?
The average rent in Royal Oak, MI is $2,500 per month, based on 1 units across 1 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Royal Oak, MI?
The lowest available rent in Royal Oak, MI starts at $2,500 per month. Availability changes daily as leasing data is refreshed each morning.
Rent Trends in Royal Oak, MI
Track how apartment prices are changing over time.
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