Royal Oak, MI Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,962
1-year change
+5.3%
$99/mo
5-year change
+22.2%
$356/mo
10-year change
+55.1%
$697/mo

Monthly rent trend

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Year-by-year rent in Royal Oak

YearMedian rentYoY changevs 2015
2015$1,204/mo—0.0%
2016$1,244/mo+3.3%+3.3%
2017$1,312/mo+5.5%+9.0%
2018$1,392/mo+6.1%+15.6%
2019$1,427/mo+2.5%+18.5%
2020$1,468/mo+2.9%+21.9%
2021$1,531/mo+4.3%+27.2%
2022$1,677/mo+9.5%+39.3%
2023$1,734/mo+3.4%+44.0%
2024$1,792/mo+3.3%+48.8%
2025$1,851/mo+3.3%+53.7%
2026$1,906/mo+3.0%+58.3%

Frequently asked questions

How much has rent in Royal Oak changed since 2015?

Median rent in Royal Oak, MI was $1,170 in 2015-01 and is $1,962 as of 2026-09 — a change of $792 per month over 11 years.

How much has Royal Oak rent increased in the last 5 years?

Over the past 5 years, median rent in Royal Oak, MI has changed +22.2% ($356 per month). The current median is $1,962.

What has rent in Royal Oak done over the past decade?

Over the past 10 years, median rent in Royal Oak, MI has changed +55.1% ($697 per month). It is now $1,962.

Is rent in Royal Oak going up or down year over year?

Year over year, median rent in Royal Oak, MI has increased +5.3% ($99/mo). Current median: $1,962.

See full rent data for Royal Oak, MI →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.