
Cheap Apartments for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Royal Oak area of Royal Oak.


Center Street Place

The Aldor
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Metropolitan Lafayette Flats

La Cara Noma Apartments

330 Oakland Avenue
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Legacy on Oakland
Downtown Royal Oak, Royal Oak, MI Local Guide

How much does it cost to rent an apartment in Downtown Royal Oak?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Royal Oak Studio Apartments | $1,470 | $1,295 | $1,937 |
| Downtown Royal Oak 1 Bedroom Apartments | $2,440 | $1,250 | $4,995 |
| Downtown Royal Oak 2 Bedroom Apartments | $3,532 | $1,795 | $5,995 |
| Downtown Royal Oak 3 Bedroom Apartments | $5,183 | $3,573 | $6,999 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Royal Oak Neighborhood of Royal Oak, MI.
See all Apartments in Royal OakExplore Royal Oak
Downtown Royal Oak, Royal Oak, MI Local Guide
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Cheapest Available Downtown Royal Oak Apartments for Rent
 The cheapest available apartment rental in the Downtown Royal Oak area of Detroit, MI is a 1 Bed unit found at 330 Oakland Avenue priced from $1,100. Avenue Eleven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Downtown Royal Oak apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 330 Oakland Avenue | 1 Beds, 1 Baths | 1BR,1BA | $1,100 |
| Avenue Eleven Apartments | One Bedroom / One Bathroom | 1BR,1BA | $1,250 |
| Center Street Place | Center Street Place - Studio | Studio,1BA | $1,295 |
Best Value Apartments for Rent in Downtown Royal Oak, MI
As of January 11, 2026 the best value apartment in the Downtown Royal Oak area is the $3.27 price per square foot 3 Bedroom, 3 Bathroom Model at Main Living Apartments in the in the Downtown Royal Oak neighborhood starting from $6,200. The second greatest value Downtown Royal Oak apartment is the The Lincoln Model at Eight55 Apartments starting at $2,741 with a $2.38 price per square foot in the Downtown Royal Oak neighborhood. Here is today’s list of the best values for Downtown Royal Oak apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Main Living Apartments | 3 Bedroom, 3 Bathroom | 3BR,3BA | $3.27 |
| Eight55 Apartments | The Lincoln | 2BR,2BA | $2.38 |
| The Griffin Royal Oak | Mack | 1BR,1.5BA | $2.93 |
| Downtown Royal Oak | 118-120 | 2BR,1BA | $2.39 |
| 330 Oakland Avenue | 1 Beds, 1 Baths | 1BR,1BA | $1.57 |
| Royal Oakland Apartments | One Bedroom | 1BR,1BA | $2.50 |
| Metropolitan Lafayette Flats | 1 Bedroom 1 Bath | 1BR,1BA | $2.22 |
| Center Street Place | Center Street Place - Studio | Studio ,1BA | $2.59 |
| Avenue Eleven Apartments | Loft One Bedroom (Apts A-D) | 1BR,1BA | $2.80 |
| The Aldor | The Aldor - Studio w/ Juliet Balcony | Studio ,1BA | $2.94 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Royal Oak, Royal Oak, MI
Ranked #5
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Royal Oak Apartments
What is a cheap apartment in Downtown Royal Oak?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Royal Oak is under $2,536.
What is the price of a cheap apartment in Downtown Royal Oak?
The cheapest apartment in Downtown Royal Oak is 330 Oakland Avenue which is listed at $1,100, while the average apartment in Downtown Royal Oak costs $4,976.
What types of apartments are the cheapest in Downtown Royal Oak?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Downtown Royal Oak that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Royal Oak?
Cheap apartments in Downtown Royal Oak have an average cost of $375 which is $4,601 cheaper than the average rent for all rentals in Downtown Royal Oak.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Everything is a negotiation in real estate!