
Cheap Homes for Rent in the Downtown Royal Oak Neighborhood of Royal Oak, MI from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Royal Oak area of Royal Oak.


430 N Washington, Unit C
Rent According to Income: A Look at Income-Restricted Rentals
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434 N Center St

202 N Washington Ave
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Downtown Royal Oak, Royal Oak, MI Local Guide

How much does it cost to rent a home in Downtown Royal Oak?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Royal Oak 2 Bedroom Homes for Rent | $3,100 | $2,500 | $3,500 |
| Downtown Royal Oak 3 Bedroom Homes for Rent | $2,850 | $2,700 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Royal Oak Neighborhood of Royal Oak, MI.
Explore Royal Oak
Downtown Royal Oak, Royal Oak, MI Local Guide
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Best Value Apartments for Rent in Downtown Royal Oak, MI
As of August 30, 2026 the best value apartment in the Downtown Royal Oak area is the $2.91 price per square foot 3 Bedroom, 2 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 The Pierce (Furnished) Model at Elevate Luxury Living starting at $4,995 with a $4.68 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 | $2.91 |
| Elevate Luxury Living | The Pierce (Furnished) | 1BR,1BA | $4.68 |
| Sixth Street Lofts | Sixth Street Lofts - 1 Bedroom Loft | 1BR,1BA | $1.73 |
| The Delaware | Collection | 2BR,2BA | $3.18 |
| The Griffin Royal Oak | Lincoln | 1BR,1BA | $3.14 |
| The Hazelton | Savoy | 1BR,1BA | $3.37 |
| Downtown Royal Oak | 118-120 | 2BR,1BA | $2.53 |
| 330 Oakland Avenue | 2 Beds, 1 Baths | 2BR,1BA | $2.00 |
| 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.
Read ArticleReal 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 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
3.5Pet Friendly
Frequently Asked Questions about Downtown Royal Oak
What type of rentals are currently available in Downtown Royal Oak?
There are currently 48 Apartments for Rent in Downtown Royal Oak, MI with pricing that ranges from $1,199 to $7,785. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Royal Oak ranging from $1,200 to $3,500.
What is the current price range for Rental Homes in Downtown Royal Oak?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Royal Oak ranges from $1,200 to $3,500 with an average monthly rent of $3,100.
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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