Royal Oak Homes for Rent
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Having a deck and a backyard is one of the best things ever. Just having all this space is incredible. Thanks for helping me find the best rental I've ever had! - Royal Oak,MI
Royal Oak Homes for Rent
Need to rent a house? Royal Oak has a good number of wonderful alternatives and MyNewPlace's home rental search will help you zero in on the perfect one. Home rentals can provide more space than other housing options. Whether you prefer condos, townhomes, or single family homes you can find the perfect rental house in one of the most excellent locations of Royal Oak.
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Royal Oak Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 4.4% 8.3% -3.9% $10,000 to $14,999 4.7% 5.8% -1.1% $15,000 to $19,999 4.8% 6.0% -1.2% $20,000 to $24,999 5.0% 6.4% -1.4% $25,000 to $29,999 5.9% 6.2% -0.3% $30,000 to $34,999 5.7% 6.2% -0.5% $35,000 to $39,999 5.9% 5.8% +0.1% $40,000 to $44,999 5.5% 5.7% -0.2% $45,000 to $49,999 5.1% 5.0% +0.1% $50,000 to $59,999 9.9% 9.3% +0.6% $60,000 to $74,999 11.9% 11.2% +0.7% $75,000 to $99,999 15.6% 11.4% +4.2% $100,000 to $124,999 7.9% 5.9% +2.0% $125,000 to $149,999 3.2% 2.7% +0.5% $150,000 to $199,999 2.8% 2.1% +0.7% $200,000 or more 1.9% 2.0% -0.1% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 8.3% 7.5% +0.8% 10.0% to 14.9% 15.9% 13.4% +2.5% 15.0% to 19.9% 19.2% 14.9% +4.3% 20.0% to 24.9% 15.0% 12.4% +2.6% 25.0% to 29.9% 9.2% 10.0% -0.8% 30.0% to 34.9% 7.4% 6.8% +0.6% 35.0% to 39.9% 3.6% 4.7% -1.1% 40.0% to 49.9% 6.2% 6.3% -0.1% 50.0% or more 11.1% 17.4% -6.3% Not computed 4.0% 6.7% -2.7% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 10.5% 14.7% -4.2% 25 to 34 years 37.7% 28.1% +9.6% 35 to 44 years 19.2% 21.0% -1.8% 45 to 54 years 12.2% 14.0% -1.8% 55 to 64 years 5.9% 7.3% -1.4% 65 to 74 years 5.2% 5.9% -0.7% 75 to 84 years 6.1% 6.0% +0.1% 85 years and over 3.2% 2.9% +0.3% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 47.5% 39.2% +8.3% 30 to 44 minutes 31.7% 25.2% +6.5% 45 to 59 minutes 9.0% 13.3% -4.3% 60 or more minutes 11.9% 22.3% -10.4%
Source: 2000 Census
Average Price to Lease a Home Property in Royal Oak, Michigan
| # Bedrooms | Jan | Nov | Jul | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | $873 | N/A | $1,063 | -17.9% |
| 3 Bed | $1,294 | $1,317 | N/A | 0% |
| 4 Bed | N/A | N/A | N/A | 0% |
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Houses for Rent in Cities Near Royal Oak, MI
MyNewPlace can help you find the Royal Oak, MI home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Royal Oak, MI.