Royal Oak, Oakland County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Royal Oak, Oakland County, MI

Median Home Price Price

$312,136 $312.1K

Median Monthly Rent Rent

$1,818 $1.8K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Royal Oak, MI is $1,818, with MoM change +$15 and YoY change +$104 pointing to positive momentum while volatility is low (std $25).

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Metric

Base market Royal Oak, MI

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Delta vs base

Median rent

$1,818

N/A

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Median price

$312,136

N/A

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YoY change

+$104

N/A

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Price-to-rent

14.3x

Data unavailable

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