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45 Apartments under 600 for rent in Royal Oak, MI

Last updated October 17 at 12:40am UTC
Results within 1 miles of Royal Oak, MI
2820 W MAPLE Road
The Transit Center
Troy, MI
Updated October 17 at 12:38am UTC
Studio
$385
Results within 5 miles of Royal Oak, MI
24333 Southfield Road
Southfield
Southfield, MI
Updated October 17 at 12:39am UTC
Studio
$500
1155 W McNichols Rd
Highland Park
Highland Park, MI
Updated October 16 at 5:41pm UTC
1 Bedroom
$550
653 Whitmore Rd
Palmer Park
Highland Park, MI
Updated September 26 at 5:59pm UTC
2 Bedrooms
$550
641 Covington Dr
Palmer Park
Highland Park, MI
Updated September 23 at 5:35pm UTC
1 Bedroom
$545
701 Covington Dr
Palmer Park
Highland Park, MI
Updated September 14 at 5:29pm UTC
1 Bedroom
$545
18417 WYOMING Street
Bagley
Detroit, MI
Updated September 4 at 2:50am UTC
Studio
$500
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
9535 Penrod St
Franklin Park
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
19131 Lahser Rd
Berg - Lasher
Detroit, MI
Updated October 16 at 5:27pm UTC
1 Bedroom
$550
19169 Lahser Rd
Berg - Lasher
Detroit, MI
Updated October 10 at 1:26am UTC
1 Bedroom
$550
12603 STOEPEL Street
Winterhalter
Detroit, MI
Updated October 2 at 5:17am UTC
3 Bedrooms
$595
Results within 10 miles of Royal Oak, MI
12050 Bryden St
Winterhalter
Detroit, MI
Updated October 1 at 1:53pm UTC
1 Bedroom
$475
2675 Ewald Cir
Winterhalter
Detroit, MI
Updated September 26 at 5:59pm UTC
1 Bedroom
$575
2670 Ewald Cir
Winterhalter
Detroit, MI
Updated September 26 at 5:59pm UTC
1 Bedroom
$575
24800 Warner #450
Southwest Warren
Warren, MI
Updated October 17 at 12:40am UTC
Studio
$450
300 Whitmore Rd
Palmer Park
Highland Park, MI
Updated October 10 at 1:26am UTC
1 Bedroom
$545
381 Covington Dr
Palmer Park
Highland Park, MI
Updated October 10 at 1:26am UTC
1 Bedroom
$525
671 Covington Dr
Palmer Park
Highland Park, MI
Updated September 14 at 5:29pm UTC
1 Bedroom
$545
Roselawn
Bagley
Detroit, MI
Updated October 3 at 7:29am UTC
2 Bedrooms
$550
15383 Manor
Harmony Village
Detroit, MI
Updated October 16 at 5:32pm UTC
1 Bedroom
$400
9531 Faust Ave
Franklin Park
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
18423 W Chicago
Franklin Park
Detroit, MI
Updated September 29 at 6:10pm UTC
1 Bedroom
$535
16620 Greenfield Rd
Cerveny
Detroit, MI
Updated September 29 at 1:25am UTC
1 Bedroom
$575

October 2018 Royal Oak Rent Report

Welcome to the October 2018 Royal Oak Rent Report. Royal Oak rents declined 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

October 2018 Royal Oak Rent Report

Welcome to the October 2018 Royal Oak Rent Report. Royal Oak rents declined 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 held steady over the past month

Royal Oak rents have declined 0.1% over the past month, but have been relatively flat at 0.2% 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 1.0%, as well as the national average of 0.9%.

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 the least expensive rents in the Detroit metro, with a two-bedroom median of $870; the city has also seen rents fall by 1.5% over the past year, the biggest drop in the metro.
  • Troy has the most expensive rents in the Detroit metro, with a two-bedroom median of $1,330; the city has also seen rent growth of 0.5% over the past month, the fastest in the metro.

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 slightly increase, with Michigan as a whole logging rent growth of 1.0% over the past year. For example, rents have grown by 1.4% in Lansing and 1.2% 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 0.9% 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 (+2.9%), Charlotte (+1.3%), Fresno (+1.3%); note that median 2BR rents in these cities go for $1,140, $1,120, and $1,030 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 $680 $890 -0.2% 0.3%
Warren $760 $990 -0.4% 3.9%
Sterling Heights $820 $1,070 -0.3% 1.0%
Dearborn $1,010 $1,320 -0.1% 1.8%
Westland $740 $960 0.1% 1.1%
Troy $1,020 $1,330 0.5% 1.5%
Southfield $900 $1,170 0.1% 1.3%
Taylor $670 $870 -0.3% -1.5%
Pontiac $730 $950 0.2% 0.8%
Royal Oak $830 $1,080 -0.1% 0.2%
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.