Cheap Apartments for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $800 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
close
View Me
Legacy on Oakland
1 to 2 Bedroom Apartments

Legacy on Oakland

406 Oakland AveRoyal Oak, MI 48067
close
View Me
Station 3 Lofts
1 to 2 Bedroom Apartments

Station 3 Lofts

333 E Parent AveRoyal Oak, MI 48067
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-22, Page 1 of 1

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 Studio unit found at Center Street Place priced from $1,325. Sixth Street Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,725. Here are the most affordable Downtown Royal Oak apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Center Street PlaceStudio (Newly Renovated)Studio,1BA$1,325
Sixth Street LoftsSixth Street Lofts - 1 Bedroom Loft1BR,1BA$1,725
OaklandRoyal Oakland - One Bedroom **Third Months Rent...1BR,1BA$1,750
Downtown Royal Oak118-1202BR,1BA$1,895
Elevate Luxury LivingThe Hudson On Main1BR,1BA$2,095

Best Value Apartments for Rent in Downtown Royal Oak, MI

As of July 16, 2026 the best value apartment in the Downtown Royal Oak area is the $3.17 price per square foot 3 Bedroom, 3 Bathroom Model at Main Living Apartments in the in the Downtown Royal Oak neighborhood starting from $5,999. The second greatest value Downtown Royal Oak apartment is the Jefferson Model at The Griffin Royal Oak starting at $4,189 with a $2.74 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$3.17
The Griffin Royal OakJefferson2BR,2.5BA$2.74
Elevate Luxury LivingThe Pierce (Furnished)1BR,1BA$4.68
Sixth Street LoftsSixth Street Lofts - 1 Bedroom Loft1BR,1BA$1.73
ICON on Main - Royal Oak, MI1 Bed | 1 Bath - Furnished1BR,1BA$3.72
Downtown Royal Oak118-1202BR,1BA$2.53
OaklandRoyal Oakland - One Bedroom **Third Months Rent...1BR,1BA$2.50
Center Street PlaceStudio (Newly Renovated)Studio ,1BA$2.65

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Royal Oak, Royal Oak, MI

Ranked #3

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Royal Oak Apartments

What is the price of a cheap apartment in Downtown Royal Oak?

The cheapest apartment in Downtown Royal Oak is Sixth Street Lofts which is listed at $1,725, while the average apartment in Downtown Royal Oak costs $5,999.

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 7 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

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

decorative image for The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.