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133 2 Bedroom Apartments for rent in Oak Park, MI

Last updated November 16 at 4:22pm UTC
10631 Corning St
Oak Park
Oak Park, MI
Updated November 16 at 8:40am UTC
2 Bedrooms
$1,050
26425 Coolidge Hwy
Oak Park
Oak Park, MI
Updated November 15 at 11:56am UTC
2 Bedrooms
$995
22900 ROSEWOOD Street
Oak Park
Oak Park, MI
Updated November 5 at 2:31pm UTC
2 Bedrooms
$1,100
Results within 1 miles of Oak Park, MI
Highland Towers
25225 Greenfield Road
Southfield, MI
Updated November 16 at 1:23pm UTC
2 Bedrooms
$800
170 Allenhurst Ave
Royal Oak
Royal Oak, MI
Updated November 16 at 8:40am UTC
2 Bedrooms
$2,000
327 West Lincoln Avenue
Royal Oak
Royal Oak, MI
Updated November 16 at 3:53pm UTC
2 Bedrooms
$2,900
604 W HUDSON Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 15 at 9:28am UTC
2 Bedrooms
$1,495
Village Club Apartments
1132 N Campbell Rd
Royal Oak, MI
Updated November 16 at 2:19pm UTC
2 Bedrooms
$1,285
Results within 5 miles of Oak Park, MI
1113 North Old Woodward Avenue
Birmingham
Birmingham, MI
Updated November 16 at 3:53pm UTC
2 Bedrooms
$2,300
2445 Torquay
Royal Oak
Royal Oak, MI
Updated November 16 at 1:34pm UTC
2 Bedrooms
$1,150
1344 S Main St
Downtown Royal Oak
Royal Oak, MI
Updated November 15 at 5:45pm UTC
2 Bedrooms
$2,195
1321 S WASHINGTON Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:34pm UTC
2 Bedrooms
$2,200
170 Allenhurst Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 6 at 10:25pm UTC
2 Bedrooms
$2,000
2757 GARDNER-A Avenue
Berkley
Berkley, MI
Updated October 31 at 10:03pm UTC
2 Bedrooms
$1,000
333 Parent Avenue
Downtown Royal Oak
Royal Oak, MI
Updated October 3 at 2:38am UTC
2 Bedrooms
$2,900
600 W BROWN Street
Downtown Birmingham
Birmingham, MI
Updated November 16 at 1:34pm UTC
2 Bedrooms
$2,200
411 S OLD WOODWARD Avenue
Downtown Birmingham
Birmingham, MI
Updated November 16 at 1:34pm UTC
2 Bedrooms
$3,895
555 S OLD WOODWARD
Birmingham
Birmingham, MI
Updated November 16 at 1:34pm UTC
2 Bedrooms
$2,950
333 E PARENT Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 16 at 1:34pm UTC
2 Bedrooms
$1,900

November 2018 Oak Park Rent Report

Welcome to the November 2018 Oak Park Rent Report. Oak Park rents increased 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

November 2018 Oak Park Rent Report

Welcome to the November 2018 Oak Park Rent Report. Oak Park rents increased 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 increased slightly over the past month

Oak Park rents have increased 0.2% over the past month, but have remained steady 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 $1,260 for a two-bedroom. Oak Park's year-over-year rent growth lags the state average of 0.9%, as well as the national average of 1.1%.

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 seen rents fall by 0.5% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Detroit metro, with a two-bedroom median of $880.
  • Livonia has seen the fastest rent growth in the metro, with a year-over-year increase of 3.0%. The median two-bedroom there costs $1,220, while one-bedrooms go for $940.
  • Troy has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,330; rents grew 0.3% over the past month and 1.7% 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 marginally increase, with Michigan as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 1.4% in Lansing and 0.8% in Grand Rapids.
  • Oak Park's median two-bedroom rent of $1,260 is above the national average of $1,180. Nationwide, rents have grown by 1.1% 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 (+3.6%), Fresno (+1.6%), and Charlotte (+1.4%); note that median 2BR rents in these cities go for $1,150, $1,030, and $1,120 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% 0.8%
Warren $770 $1,010 1.2% 2.7%
Sterling Heights $820 $1,070 0.6% 2.1%
Dearborn $1,020 $1,330 0.7% 2.5%
Livonia $940 $1,220 3.0%
Westland $740 $970 0.3% 1.3%
Troy $1,020 $1,330 0.3% 1.7%
Southfield $900 $1,170 0.3% 1.5%
Taylor $680 $880 0.9% -0.5%
Pontiac $730 $950 -0.1% 0.7%
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.