Median rent
for residential houses
in Royal Oak, MI
as of May, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the house.
Rent Price |
May | vs Last Month |
---|---|---|
2-bed houses | $4,711 | +12.4% |
3-bed houses | $2,540 | -54.7% |
4+ bed houses | $5,706 | -50.6% |
Over the May 2023, the average rent for a single-family house in/near Royal Oak, MI decreased by 45% to $3,502.
The average price for a 1-bed house didn’t face significant changes this month, so you can now get one for $4,596. A 2-bed house rent price went up by an average 12.4%, it now goes for $4,711. The average price for 3-bed house decreased by 54.7% facing the price of $2,540. 4- and more bed house rent rolled back by 50.6% making it available for $5,706.