Cheap Homes for Rent in Oakmount Park Neighborhood of Royal Oak, MI from $1,400 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakmount Park area of Royal Oak.

property at 949 W Farnum Ave

$1,650

3 Bedroom, 2 Bath Home for Rent

Available Now

949 W Farnum Ave

Madison HeightsMI48071

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.

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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.

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Oakmount Park, Royal Oak, MI Local Guide

Cheapest Available Oakmount Park Apartments for Rent

 

The cheapest available apartment rental in the Oakmount Park area of Detroit, MI is a 1 Bed unit found at Marlen priced from $900. Elmsleigh Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here are the most affordable Oakmount Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Marlen1 Bed, 1 bath1BR,1BA$900
Elmsleigh ApartmentsOne Bedroom1BR,1BA$980
Walnut Manor ApartmentsDeluxe Studio - Newly RenovatedStudio,1BA$1,010
Stephenson House - Madison Heights, MIOne Bed, One Bath | 021BR,1BA$1,075
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1,100

Best Value Apartments for Rent in Oakmount Park, MI

As of December 28, 2025 the best value apartment in the Oakmount Park area is the $1.89 price per square foot C1 Model at The Harrison in the in the Woodland Park neighborhood starting from $3,500. The second greatest value Oakmount Park apartment is the Townhome Model at Amber Crossing starting at $2,395 with a $1.53 price per square foot in the Woodward Heights neighborhood. Here is today’s list of the best values for Oakmount Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The HarrisonC13BR,2.5BA$1.89
Amber CrossingTownhome3BR,2.5BA$1.53
1414 Crooks Rd, Unit 21414 Crooks Rd3BR,2BA$1.39
Elmsleigh ApartmentsTwo Bedroom Townhouse2BR,1BA$1.30
Campbell Manor1 Bedroom1BR,1BA$1.41
Village of Royal Oak ApartmentsA11BR,1BA$1.78
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1.57
Royal Oak Town Apartments1 bedroom1BR,1BA$1.64
Stephenson House - Madison Heights, MIOne Bed, One Bath | 011BR,1BA$1.59
Avenue Eleven ApartmentsOne Bedroom / One Bathroom1BR,1BA$1.92

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Pet Friendly Lifestyle
Oakmount Park, Royal Oak, MI

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Oakmount Park

What type of rentals are currently available in Oakmount Park?

There are currently 111 Apartments for Rent in Oakmount Park, MI with pricing that ranges from $900 to $9,009. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakmount Park ranging from $1,400 to $5,300.

What is the current price range for Rental Homes in Oakmount Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakmount Park ranges from $1,400 to $5,300 with an average monthly rent of $2,935.

How much are larger Three and Four Bedroom Rentals in Oakmount Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakmount Park range from $1,950 to $6,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $9,009.

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

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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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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.

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The Detroit Insiders 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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!