Market Summary

Royal Oak Township, Oakland County, MI

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Median Home Price Price

$132,612 $132.6K

Median Monthly Rent Rent

$1,447 $1.4K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Oakland County

Region Price Rent GRM Display
Beverly Hills
$538,343 $1,432 31.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Oakland County

Region Price Rent GRM Display
Algonac, Saint Clair County, MI
$240,949 $1,135 18.0x
Comstock Park, Kent County, MI
$283,915 $1,462 16.0x
Michigan Center, Jackson County, MI
$192,806 $1,602 10.0x
Jackson, Jackson County, MI
$178,369 $1,195 12.0x
Kent City, Kent County, MI
$307,316 $1,390 18.0x
Harper Woods, Wayne County, MI
$145,835 $1,648 7.0x
Lansing, Ingham County, MI
$155,812 $1,193 11.0x
Taylor, Wayne County, MI
$168,833 $1,362 10.0x
Garden City, Wayne County, MI
$191,896 $1,432 11.0x
Rockwood, Wayne County, MI
$215,772 $1,457 12.0x
Allen Park, Wayne County, MI
$196,539 $1,552 11.0x
Flint, Genesee County, MI
$63,196 $1,104 5.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
Austin, Mower County, MN
$176,294 $1,170 13.0x
Johnson Creek, Jefferson County, WI
$388,867 $1,527 21.0x
Hoffman Estates, Cook County, IL
$371,010 $3,867 8.0x
Chickasha, Grady County, OK
$146,812 $1,076 11.0x
Elko, Houston County, GA
$319,720 $1,503 18.0x
Sleepy Eye, Brown County, MN
$157,198 $951 14.0x
Bedford Heights, Cuyahoga County, OH
$178,724 $1,364 11.0x
Leland, La Salle County, IL
$262,601 $2,123 10.0x
Isanti, Isanti County, MN
$316,836 $1,479 18.0x
Milwaukee, Milwaukee County, WI
$209,447 $1,395 13.0x
Maple Heights, Cuyahoga County, OH
$124,281 $1,639 6.0x
Pendleton, Madison County, IN
$322,488 $1,357 20.0x
Freeport, Stephenson County, IL
$115,447 $1,007 10.0x
Brooklyn, Cuyahoga County, OH
$190,073 $1,369 11.0x
Toledo, Lucas County, OH
$121,130 $1,102 9.0x
Chicago, Cook County, IL
$299,818 $1,848 14.0x
Racine, Mower County, MN
$356,589 $1,562 19.0x
Farmington, Saint Francois County, MO
$245,069 $1,037 20.0x
Rindge, Cheshire County, NH
$436,246 $1,416 26.0x
Coweta, Wagoner County, OK
$261,840 $1,095 20.0x
Schnecksville, Lehigh County, PA
$483,205 $1,531 26.0x
Vincennes, Knox County, IN
$156,847 $978 13.0x
Schiller Park, Cook County, IL
$283,291 $1,519 16.0x
Frankton, Madison County, IN
$196,681 $1,451 11.0x
Greer, Greenville County, SC
$339,127 $1,678 17.0x
Mukwonago, Waukesha County, WI
$447,754 $1,458 26.0x
Bedford, Cuyahoga County, OH
$146,372 $1,315 9.0x
Mount Zion, Macon County, IL
$183,152 $1,038 15.0x
Parma, Cuyahoga County, OH
$199,169 $1,377 12.0x
Waldron, Shelby County, IN
$234,411 $1,936 10.0x
Ashland, Cass County, IL
$129,282 $724 15.0x
Grafton, Ozaukee County, WI
$418,260 $1,486 23.0x
Cumberland, Hancock County, IN
$280,604 $1,255 19.0x
Moreland Hills, Cuyahoga County, OH
$671,538 $1,364 41.0x
Euclid, Cuyahoga County, OH
$138,477 $1,299 9.0x
Peotone, Will County, IL
$313,919 $1,271 21.0x
Garfield Heights, Cuyahoga County, OH
$128,200 $1,313 8.0x
Hershey, Dauphin County, PA
$383,706 $1,620 20.0x
Fruitland, Wicomico County, MD
$245,518 $1,919 11.0x
Minco, Grady County, OK
$172,217 $625 23.0x
Collins, Huron County, OH
$221,749 $1,534 12.0x
Fox River Grove, McHenry County, IL
$332,532 $2,716 10.0x
Pillager, Cass County, MN
$307,560 $1,369 19.0x

Home prices

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Monthly rent

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GRM

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Royal Oak Township

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Trend Insights

Median Rent in Royal Oak Township, MI is $1,447, with MoM change +$17 and YoY change +$134 pointing to positive momentum while volatility is low (std $35).

Benchmark Markets Side by Side

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Metric
Base market Royal Oak Township, MI
Compare market Select a market
Delta vs base
Median rent
$1,447
N/A
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Median price
$132,612
N/A
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YoY change
+$134
N/A
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Price-to-rent
7.6x
Data unavailable
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