Cheap Homes for Rent in Downtown Royal Oak Neighborhood of Royal Oak, MI from $2,200 (3 Rentals)

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Search the lowest-cost Homes 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

Best Value Apartments for Rent in Downtown Royal Oak, MI

As of July 26, 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 Lincoln Model at The Hazelton starting at $5,250 with a $4.49 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
The HazeltonLincoln2BR,2BA$4.49
ICON on Main - Royal Oak, MI2 Bed | 2 Bath2BR,2BA$2.94
Elevate Luxury LivingThe Pierce (Furnished)1BR,1BA$4.68
430 N Washington Ave, Unit D430 N Washington Ave2BR,1BA$1.80
Metropolitan Lafayette FlatsSuperior 2 bedroom apartment2BR,1BA$2.06
Downtown Royal Oak118-1202BR,1BA$2.39
Royal Oakland ApartmentsOne Bedroom1BR,1BA$2.57

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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 48 Apartments for Rent in Downtown Royal Oak, MI with pricing that ranges from $1,125 to $8,589. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Royal Oak ranging from $2,200 to $3,300.

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 $2,200 to $3,300 with an average monthly rent of $2,660.

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

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.

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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

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.

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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.