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122 2 Bedroom Apartments for rent in Royal Oak, MI

Last updated November 14 at 2:50am UTC
Village Club Apartments
1132 N Campbell Rd
Royal Oak, MI
Updated November 14 at 12:06am UTC
2 Bedrooms
$1,285
100 W 5th St
Downtown Royal Oak
Royal Oak, MI
Updated November 14 at 2:15am UTC
2 Bedrooms
$3,100
2445 Torquay
Royal Oak
Royal Oak, MI
Updated November 14 at 2:14am UTC
2 Bedrooms
$1,150
333 E PARENT Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 14 at 2:13am UTC
2 Bedrooms
$1,900
327 West Lincoln Avenue
Royal Oak
Royal Oak, MI
Updated November 14 at 2:50am UTC
2 Bedrooms
$2,900
170 Allenhurst Ave
Royal Oak
Royal Oak, MI
Updated November 13 at 8:38am UTC
2 Bedrooms
$2,000
1228 Wyandotte Ave
Royal Oak
Royal Oak, MI
Updated November 13 at 8:38am UTC
2 Bedrooms
$1,300
410 E Third Street
Downtown Royal Oak
Royal Oak, MI
Updated November 13 at 1:35am UTC
2 Bedrooms
$1,350
2440 PARMENTER Boulevard
Royal Oak
Royal Oak, MI
Updated November 10 at 9:37pm UTC
2 Bedrooms
$1,325
100 N CENTER Street
Downtown Royal Oak
Royal Oak, MI
Updated November 10 at 9:37pm UTC
2 Bedrooms
$2,800
1000 E LINCOLN Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 10 at 9:50am UTC
2 Bedrooms
$1,600
101 CURRY Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 9 at 10:20am UTC
2 Bedrooms
$3,000
505 Lincoln
Downtown Royal Oak
Royal Oak, MI
Updated November 8 at 10:42am UTC
2 Bedrooms
$1,100
314 Virginia Ave
Downtown Royal Oak
Royal Oak, MI
Updated November 8 at 10:35am UTC
2 Bedrooms
$1,195
1521 Chesapeake
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:34pm UTC
2 Bedrooms
$2,000
516 James Circle
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:33pm UTC
2 Bedrooms
$2,300
604 W HUDSON Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:33pm UTC
2 Bedrooms
$1,550
1103 N MAIN Street
Royal Oak
Royal Oak, MI
Updated November 7 at 9:33pm UTC
2 Bedrooms
$2,100
1125 N Sherman Dr
Royal Oak
Royal Oak, MI
Updated November 9 at 6:05pm UTC
2 Bedrooms
$1,300
809 N DORCHESTER Avenue
Royal Oak
Royal Oak, MI
Updated November 9 at 5:50am UTC
2 Bedrooms
$1,500
4045 Parkview Dr
Royal Oak
Royal Oak, MI
Updated November 8 at 10:37am UTC
2 Bedrooms
$1,450
1321 S WASHINGTON Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:34pm UTC
2 Bedrooms
$2,200
1031 N SHERMAN Drive
Royal Oak
Royal Oak, MI
Updated November 7 at 9:33pm UTC
2 Bedrooms
$2,500
307 PARK Avenue
Downtown Royal Oak
Royal Oak, MI
Updated November 7 at 9:32pm UTC
2 Bedrooms
$1,795

November 2018 Royal Oak Rent Report

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

View full Royal Oak Rent Report
Rent Report
Royal Oak

November 2018 Royal Oak Rent Report

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

Royal Oak rents increased slightly over the past month

Royal Oak rents have increased 0.2% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Royal Oak stand at $830 for a one-bedroom apartment and $1,080 for a two-bedroom. Royal Oak'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 Royal Oak 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 were up 0.3% over the past month and 1.7% over the past year.

Royal Oak rents more affordable than many large cities nationwide

Rent growth in Royal Oak 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. Royal Oak 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.
  • Royal Oak's median two-bedroom rent of $1,080 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the stagnant growth in Royal Oak.
  • While rents in Royal Oak 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 Royal Oak 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.