312 Virginia Ave
Royal OakMI48067
Cheap Homes for Rent in Downtown Royal Oak Neighborhood of Royal Oak, MI from $1,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Royal Oak area of Royal Oak.
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.
350 N Main St
Royal OakMI48067
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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 | $2,349 | $1,495 | $2,700 |
| Downtown Royal Oak 3 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 June 01, 2025 the best value apartment in the Downtown Royal Oak area is the $2.25 price per square foot C1 Two Bedroom Model at Flats at Iron Ridge in the in the Downtown Royal Oak neighborhood starting from $2,950. The second greatest value Downtown Royal Oak apartment is the A1 Model at The Harrison starting at $2,355 with a $2.68 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. |
|---|---|---|---|
| Flats at Iron Ridge | C1 Two Bedroom | 2BR,2BA | $2.25 |
| The Harrison | A1 | 1BR,1BA | $2.68 |
| FerndaleHaus Lofts | fdh-B5-Penthouse | 1BR,2BA | $3.11 |
| The Roy | A | 1BR,1BA | $3.21 |
| Avenue Eleven Apartments | One Bedroom / One Bathroom | 1BR,1BA | $1.92 |
| Metropolitan Lafayette Flats | 1 Bedroom, 1 Bath Contemporary | 1BR,1BA | $2.05 |
| Lexington Village | Revere | 1BR,1BA | $1.58 |
| Elevate Luxury Living | The Dexter | Studio ,1BA | $3.05 |
| The Park on 13 Apartments - Royal Oak, MI | One Bedroom, One Bathroom | 1BR,1BA | $2.48 |
| Center Street Place | Center Street Place - Studio | Studio ,1BA | $2.39 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Royal Oak
What type of rentals are currently available in Downtown Royal Oak?
There are currently 55 Apartments for Rent in Downtown Royal Oak, MI with pricing that ranges from $1,040 to $8,589. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Royal Oak ranging from $1,495 to $2,800.
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 $1,495 to $2,800 with an average monthly rent of $2,574.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.