
Cheap Homes for Rent in Downtown Royal Oak Neighborhood of Royal Oak, MI from $1,700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Royal Oak area of Royal Oak.


405 N Washington Ave

153 N Georgetown Sq

166 Tiffany Ln Pvt

350 N Main St
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 | $2,360 | $1,750 | $3,000 |
Downtown Royal Oak 3 Bedroom Homes for Rent | $2,550 | $2,300 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Royal Oak Neighborhood of Royal Oak, MI.
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Downtown Royal Oak, Royal Oak, MI Local Guide
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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 Avenue Eleven Apartments priced from $1,250. Center Street Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Downtown Royal Oak apartments for rent in Detroit, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Avenue Eleven Apartments | One Bedroom / One Bathroom | 1BR,1BA | $1,250 |
Center Street Place | Center Street Place - Studio (Newly Renovated) | Studio,1BA | $1,295 |
Metropolitan Lafayette Flats | 1 bedroom 1 bath Deluxe | 1BR,1BA | $1,315 |
Best Value Apartments for Rent in Downtown Royal Oak, MI
As of April 06, 2025 the best value apartment in the Downtown Royal Oak area is the $2.69 price per square foot Fisher Model at The Griffin Royal Oak in the in the Downtown Royal Oak neighborhood starting from $3,819. The second greatest value Downtown Royal Oak apartment is the D2 Three Bedroom Model at Flats at Iron Ridge starting at $3,559 with a $2.55 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. |
---|---|---|---|
The Griffin Royal Oak | Fisher | 1BR,1.5BA | $2.69 |
Flats at Iron Ridge | D2 Three Bedroom | 3BR,2BA | $2.55 |
Sixth Street Lofts | Sixth Street Lofts - 2 Bedroom 1.5 Bathrooms | 2BR,1.5BA | $1.57 |
ICON on Main - Royal Oak, MI | 1 Bed | 1 Bath | 1BR,1BA | $2.31 |
The Harrison | A1 | 1BR,1BA | $2.68 |
Legacy on Oakland | 2 Bed 1 Bath | 2BR,1BA | $1.76 |
Avenue Eleven Apartments | One Bedroom / One Bathroom | 1BR,1BA | $1.92 |
Metropolitan Lafayette Flats | 1 Bedroom, 1 Bath Contemporary | 1BR,1BA | $2.28 |
The Park on 13 Apartments - Royal Oak, MI | One Bedroom, One Bathroom | 1BR,1BA | $2.48 |
Center Street Place | Center Street Place - Studio (Newly Renovated) | Studio ,1BA | $2.59 |
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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 49 Apartments for Rent in Downtown Royal Oak, MI with pricing that ranges from $1,225 to $8,589. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Royal Oak ranging from $1,750 to $3,000.
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 $1,750 to $3,000 with an average monthly rent of $2,455.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.