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100 Studio Apartments for rent in Royal Oak, MI

Last updated September 21 at 6:31am UTC
3200 N Main Street
Royal Oak
Royal Oak, MI
Updated July 17 at 2:42am UTC
Studio
$1,200
2820 W MAPLE Road
The Transit Center
Troy, MI
Updated September 21 at 6:30am UTC
Studio
$650
510 WOODWARD HEIGHTS
Ferndale
Ferndale, MI
Updated September 9 at 2:42am UTC
Studio
$2,700
Results within 1 miles of Royal Oak, MI
555 S OLD WOODWARD
Birmingham
Birmingham, MI
Updated August 28 at 10:53pm UTC
Studio
$1,784
1300 Souter
Troy
Troy, MI
Updated August 19 at 2:56pm UTC
Studio
$1,800
341 E. Eleven Mile Road Road NE
Madison Heights
Madison Heights, MI
Updated April 23 at 8:55am UTC
Studio
$1,000
307 E 11 Mile Road
Madison Heights
Madison Heights, MI
Updated March 15 at 2:58am UTC
Studio
$1,000
24450 Evergreen
Southfield
Southfield, MI
Updated September 21 at 6:31am UTC
Studio
$2,000
24800 Warner #450
Southwest Warren
Warren, MI
Updated September 21 at 6:31am UTC
Studio
$450
21790 Coolidge
Oak Park
Oak Park, MI
Updated September 21 at 6:31am UTC
Studio
$1,429
Results within 5 miles of Royal Oak, MI
24209 Northwestern
Southfield
Southfield, MI
Updated September 21 at 6:31am UTC
Studio
$1,900
24333 Southfield Road
Southfield
Southfield, MI
Updated September 21 at 6:31am UTC
Studio
$500
2891 E Maple
Troy
Troy, MI
Updated September 21 at 6:31am UTC
Studio
$872
4859 E 9 MILE Road
Southwest Warren
Warren, MI
Updated September 18 at 7:34pm UTC
Studio
$2,000
18934 Kentucky St
Bagley
Detroit, MI
Updated September 18 at 6:37pm UTC
Studio
$850
1460 E TWELVE MILE Road SW
Madison Heights
Madison Heights, MI
Updated September 14 at 2:55am UTC
Studio
$1,000
15100 2ND Avenue
Highland Park
Highland Park, MI
Updated September 10 at 10:27pm UTC
Studio
$7,000
120 W Maple
Maple Road
Troy, MI
Updated September 8 at 2:45pm UTC
Studio
$2,342
395 W Marshall
Ferndale
Ferndale, MI
Updated September 8 at 10:47am UTC
Studio
$1,600
399 W Marshall
Ferndale
Ferndale, MI
Updated September 8 at 7:04am UTC
Studio
$1,800
32044 WOODWARD Avenue
Royal Oak
Royal Oak, MI
Updated July 14 at 10:19am UTC
Studio
$5,900
29245 Ryan
Northwest Warren
Warren, MI
Updated September 9 at 10:13pm UTC
Studio
$2,950
Ferris Avenue
Royal Oak
Royal Oak, MI
Updated May 25 at 3:50pm UTC
Studio
$1,450
East Baker Avenue
Downtown Clawson
Clawson, MI
Updated May 25 at 3:50pm UTC
Studio
$1,350

September 2018 Royal Oak Rent Report

Welcome to the September 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

September 2018 Royal Oak Rent Report

Welcome to the September 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 declined slightly over the past month

Royal Oak rents have declined 0.2% over the past month, and have decreased slightly by 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. This is the second straight month that the city has seen rent decreases after an increase in June. Royal Oak's year-over-year rent growth lags the state average of 1.1%, as well as the national average of 1.0%.

Rents rising across the Detroit Metro

While rent prices have decreased in Royal Oak over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 8 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 1.6% 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.
  • Troy has the most expensive rents in the Detroit metro, with a two-bedroom median of $1,320; 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

As rents have fallen slightly in Royal Oak, many large cities nationwide have seen prices increase, in some cases substantially. Royal Oak is also 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 1.1% over the past year. For example, rents have grown by 1.6% in Lansing and 1.6% 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 1.0% over the past year compared to the 0.1% decline in Royal Oak.
  • While rents in Royal Oak fell slightly over the past year, many cities nationwide saw increases, including Las Vegas (+3.1%), Fresno (+1.7%), and Charlotte (+1.3%).
  • 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 -0.1% 0.6%
Warren $770 $1,000 -0.5% 6.3%
Sterling Heights $820 $1,070 -0.3% 1.1%
Dearborn $1,010 $1,320 0.4% 1.8%
Westland $740 $960 -0.1% 1.3%
Troy $1,010 $1,320 0.5% 1.2%
Southfield $900 $1,170 -0.0% 1.1%
Taylor $670 $880 -0.6% -1.6%
Pontiac $730 $940 0.2% 1.2%
Royal Oak $830 $1,080 -0.2% -0.1%
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.