Cheap Apartments for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $900 (13 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Lexington Village priced from $990. Avenue Eleven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Downtown Royal Oak apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Lexington VillageRevere1BR,1BA$990
Avenue Eleven ApartmentsFarm House One Bedroom (102 and 206)1BR,1BA$1,125
The Park on 13 Apartments - Royal Oak, MIOne Bedroom, One Bathroom1BR,1BA$1,400
FerndaleHaus Loftsfdh-S2Studio,1BA$1,649
Royal Oakland ApartmentsOne Bedroom1BR,1BA$1,800

Best Value Apartments for Rent in Downtown Royal Oak, MI

As of June 17, 2025 the best value apartment in the Downtown Royal Oak area is the $3.22 price per square foot 3 Bedroom, 2 Bathroom Model at Main Living Apartments in the in the Downtown Royal Oak neighborhood starting from $6,625. The second greatest value Downtown Royal Oak apartment is the D1 Three Bedroom Model at Flats at Iron Ridge starting at $2,755 with a $1.91 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, 2 Bathroom3BR,2BA$3.22
Flats at Iron RidgeD1 Three Bedroom3BR,2BA$1.91
The Griffin Royal OakCambourne2BR,2BA$2.80
Elevate Luxury LivingThe Pierce (Furnished)1BR,1BA$3.09
The HarrisonA11BR,1BA$2.68
Royal Oakland ApartmentsOne Bedroom1BR,1BA$2.57
324 E 3rd St, Unit 2324 E 3rd St1BR,1BA$2.42
Lexington VillageRevere1BR,1BA$1.58
The Park on 13 Apartments - Royal Oak, MIOne Bedroom, One Bathroom1BR,1BA$2.48
Avenue Eleven ApartmentsFarm House One Bedroom (102 and 206)1BR,1BA$2.50

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Pet Friendly Lifestyle
Downtown Royal Oak, Royal Oak, MI

Ranked #7

Among neighborhoods in Royal Oak, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Royal Oak Neighborhood in Royal Oak, MI

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Downtown Royal Oak Apartments

What is the Cheapest Studio apartment in Downtown Royal Oak?

Currently the most affordable Cheap Studio Apartment in Downtown Royal Oak is at FerndaleHaus Lofts listed at $1,649.

How much is rent for a Cheap One Bedroom Downtown Royal Oak Apartment?

The lowest price for a Cheap One Bedroom Downtown Royal Oak Apartment is $990 at Lexington Village.

What is the lowest price for a Cheap Two Bedroom Downtown Royal Oak Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Royal Oak is starting from $1,220 at Lexington Village.

What is the most affordable Downtown Royal Oak Three Bedroom Apartment?

The best deal on a cheap Downtown Royal Oak Three Bedroom Apartment rental is at Flats at Iron Ridge and starts from $2,755.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.