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79 1 Bedroom Apartments for rent in Oak Park, MI

Last updated June 18 at 1:32am UTC
Results within 1 miles of Oak Park, MI
1586 Pearson St
Ferndale
Ferndale, MI
Updated June 18 at 1:28am UTC
1 Bedroom
$1,095
25987 WOODWARD Avenue
Downtown Royal Oak
Royal Oak, MI
Updated June 12 at 4:53am UTC
1 Bedroom
$900
Results within 5 miles of Oak Park, MI
1155 W McNichols Rd
Highland Park
Highland Park, MI
Updated June 18 at 1:32am UTC
1 Bedroom
$550
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated June 18 at 1:26am UTC
1 Bedroom
$550
12890 Outer Dr W
Brightmoor
Detroit, MI
Updated June 18 at 1:24am UTC
1 Bedroom
$615
300 Whitmore Rd
Palmer Park
Detroit, MI
Updated June 18 at 1:24am UTC
1 Bedroom
$545
411 S OLD WOODWARD Avenue
Downtown Birmingham
Birmingham, MI
Updated June 14 at 12:24am UTC
1 Bedroom
$2,450
4810 BRIARWOOD Avenue
Royal Oak
Royal Oak, MI
Updated June 14 at 12:24am UTC
1 Bedroom
$850
2655 E MAPLE Road
Birmingham
Birmingham, MI
Updated June 13 at 1:43am UTC
1 Bedroom
$1,100
520 N West St
Royal Oak
Royal Oak, MI
Updated June 12 at 5:30pm UTC
1 Bedroom
$1,200
270 ARDMORE DR.
Ferndale
Ferndale, MI
Updated June 8 at 10:39pm UTC
1 Bedroom
$800
1756 GRAEFIELD Road
Birmingham
Birmingham, MI
Updated June 8 at 9:33am UTC
1 Bedroom
$1,450
12800 W Nine Mile Rd
Oak Park
Oak Park, MI
Updated May 13 at 9:39am UTC
1 Bedroom
$750
337 E Sunnybrook Dr
Royal Oak
Royal Oak, MI
Updated June 9 at 5:58pm UTC
1 Bedroom
$795
20415 W 7 Mile Rd Apt 104
Evergreen
Detroit, MI
Updated June 17 at 9:22am UTC
1 Bedroom
$650
19131 Lahser Rd
Berg - Lasher
Detroit, MI
Updated June 9 at 1:40am UTC
1 Bedroom
$550
2639 Columbia #2
Berkley
Berkley, MI
Updated June 2 at 10:01am UTC
1 Bedroom
$900

June 2018 Oak Park Rent Report

Welcome to the June 2018 Oak Park Rent Report. Oak Park rents declined over the past month. In this report, we'll evaluate trends in the Oak Park rental market, including comparisons to cities throughout the metro, state, and nation.

View full Oak Park Rent Report
Rent Report
Oak Park

June 2018 Oak Park Rent Report

Welcome to the June 2018 Oak Park Rent Report. Oak Park rents declined over the past month. In this report, we'll evaluate trends in the Oak Park rental market, including comparisons to cities throughout the metro, state, and nation.

Oak Park rents decline sharply over the past month

Oak Park rents have declined 0.8% over the past month, but have been relatively flat at 0.2% in comparison to the same time last year. Currently, median rents in Oak Park stand at $960 for a one-bedroom apartment and $1,250 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in March. Oak Park's year-over-year rent growth lags the state and national averages, which both stand at 1.5%.

Rents rising across the Detroit Metro

While rents have remained steady in the city of Oak Park throughout the past year, cities across the metro have seen a different trend. Rents have risen in 9 of of the largest 10 cities in the Detroit metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $880; the city has also seen rents fall by 0.8% over the past year, the biggest drop in the metro.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 8.5%. The median two-bedroom there costs $1,000, while one-bedrooms go for $770.
  • Troy has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,300; rents fell 0.1% over the past month but rose 1.1% over the past year.

Oak Park rents more affordable than many large cities nationwide

Rent growth in Oak Park has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Oak Park is still more affordable than most large cities across the country.

  • Other cities across the state have seen rents moderately increase, with Michigan as a whole logging rent growth of 1.5% over the past year. For example, rents have grown by 2.7% in Grand Rapids and 2.0% in Lansing.
  • Oak Park's median two-bedroom rent of $1,250 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Oak Park.
  • While rents in Oak Park remained moderately stable this year, similar cities saw increases, including Las Vegas (+4.9%), Fresno (+2.9%), and Charlotte (+1.6%); note that median 2BR rents in these cities go for $1,130, $1,020, and $1,110 respectively.
  • Renters will find more reasonable prices in Oak Park than most large cities. For example, Chicago has a median 2BR rent of $1,270.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Detroit $690 $890 0.3% 1.0%
Warren $770 $1,000 1.2% 8.5%
Sterling Heights $820 $1,070 0.7% 1.8%
Dearborn $990 $1,290 1.0% 1.5%
Livonia $940 $1,220 1.4% 2.7%
Westland $740 $960 0.4% 1.3%
Troy $1,000 $1,300 -0.1% 1.1%
Southfield $900 $1,170 0.2% 0.9%
Taylor $680 $880 0.4% -0.8%
Pontiac $730 $940 -0.2% 1.1%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.