Cheap Apartments for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $900 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Royal Oak area of Royal Oak.

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Legacy on Oakland
1 to 2 Bedroom Apartments

Legacy on Oakland

406 Oakland AveRoyal Oak, MI 48067

Downtown Royal Oak, Royal Oak, MI Local Guide

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 ListingModel NameBed/BathPriced From
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1,100
Avenue Eleven ApartmentsOne Bedroom / One Bathroom1BR,1BA$1,250
Center Street PlaceCenter Street Place - StudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Main Living Apartments3 Bedroom, 3 Bathroom3BR,3BA$3.27
Eight55 ApartmentsThe Lincoln2BR,2BA$2.38
The Griffin Royal OakMack1BR,1.5BA$2.93
Downtown Royal Oak118-1202BR,1BA$2.39
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1.57
Royal Oakland ApartmentsOne Bedroom1BR,1BA$2.50
Metropolitan Lafayette Flats1 Bedroom 1 Bath1BR,1BA$2.22
Center Street PlaceCenter Street Place - StudioStudio ,1BA$2.59
Avenue Eleven ApartmentsLoft One Bedroom (Apts A-D)1BR,1BA$2.80
The AldorThe Aldor - Studio w/ Juliet BalconyStudio ,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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Pet Friendly Lifestyle
Downtown Royal Oak, Royal Oak, MI

Ranked #5

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!