
Cheap Apartments for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $900 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Royal Oak area of Royal Oak.


The Aldor

Center Street Place

319 W Parent Ave

Metropolitan Lafayette Flats

Royal Oakland Apartments (Better Livin LLC)

329 E 5th St

The Roy
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Downtown Royal Oak

ICON on Main - Royal Oak, MI

Eight55 Apartments

210 W 6th St

Elevate Luxury Living

430 N Washington, Unit B, Unit B

430 N Washington, Unit B

Main Living Apartments
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The Hazelton

The Griffin Royal Oak

Billings Place Luxury Community

La Cara Noma Apartments

Legacy on Oakland

330 Oakland Avenue

Station 3 Lofts

100 W Fifth St
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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 | $1,584 | $1,275 | $2,262 |
| Downtown Royal Oak 1 Bedroom Apartments | $2,422 | $1,250 | $4,995 |
| Downtown Royal Oak 2 Bedroom Apartments | $3,290 | $1,500 | $5,699 |
| Downtown Royal Oak 3 Bedroom Apartments | $5,000 | $3,565 | $6,350 |
Browse Apartments in this Neighborhood
There are currently 24 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
- Nearby Royal Oak neighborhoods
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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 Studio unit found at The Aldor priced from $1,275. Center Street Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Downtown Royal Oak apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aldor | The Aldor - Studio | Studio,1BA | $1,275 |
| Center Street Place | Center Street Place - Studio | Studio,1BA | $1,295 |
| 330 Oakland Avenue | 2 Beds, 1 Baths | 2BR,1BA | $1,400 |
| Royal Oakland Apartments (Better Livin LLC) | Royal Oakland - One Bedroom **Third Months Rent... | 1BR,1BA | $1,750 |
| The Roy | The Cornerstone: One Bedrooom (C/J/L - Top Floor) | 1BR,1BA | $2,045 |
Best Value Apartments for Rent in Downtown Royal Oak, MI
As of April 15, 2026 the best value apartment in the Downtown Royal Oak area is the $3.02 price per square foot 3 Bedroom, 2 Bathroom Model at Main Living Apartments in the in the Downtown Royal Oak neighborhood starting from $6,222. The second greatest value Downtown Royal Oak apartment is the Yorkville Model at The Hazelton starting at $4,900 with a $3.62 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, 2 Bathroom | 3BR,2BA | $3.02 |
| The Hazelton | Yorkville | 2BR,2BA | $3.62 |
| The Griffin Royal Oak | Mack | 1BR,1.5BA | $2.95 |
| ICON on Main - Royal Oak, MI | 2 Bed | 2 Bath - Furnished | 2BR,2BA | $4.02 |
| Eight55 Apartments | The Holiday | 1BR,1BA | $2.50 |
| Royal Oakland Apartments (Better Livin LLC) | Royal Oakland - One Bedroom **Third Months Rent... | 1BR,1BA | $2.50 |
| 330 Oakland Avenue | 2 Beds, 1 Baths | 2BR,1BA | $2.00 |
| The Roy | The Cornerstone: One Bedrooom (C/J/L - Top Floor) | 1BR,1BA | $2.92 |
| Center Street Place | Center Street-One Bedroom Flex Updated | 1BR,1BA | $2.59 |
| The Aldor | The Aldor - Studio w/ Juliet Balcony | Studio ,1BA | $2.94 |
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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 #3
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $2,695.
What is the price of a cheap apartment in Downtown Royal Oak?
The cheapest apartment in Downtown Royal Oak is Center Street Place which is listed at $1,425, while the average apartment in Downtown Royal Oak costs $5,043.
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 9 regular apartments in Downtown Royal Oak that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.