Mid-term rental data

Royal Oak, MI mid-term rental market data

We track 20–80 active furnished monthly (30+ night) rental listings in Royal Oak, MI. The rent range is $2,700–$4,400. Sign in to view the real market rent and listing count. Data updated July 2026.

Pricing by bedroom

AMR and listing counts per unit type in Royal Oak, MI.

Who lives in Royal Oak, MI

U.S. Census demographics behind monthly demand.

Population
57,929
Median income
$95,630
Median age
37
Renter-occupied
34%
Median home value
$305,614

Local economy

BLS employment for Oakland County.

Unemployment
3.8%

See the full picture with Pro

Comparables, demand drivers, rent trends, seasonality, regulations, and deal underwriting for Royal Oak, MI.

Real 30+ night comparables

Every active 30+ night marketplace listing in Royal Oak, MI, with photos and asking rents.

Demand drivers & deal underwriting

Hospitals, universities, and employers driving MTR demand in Royal Oak, MI, plus cap rate, cash-on-cash, and DSCR on any property.

Rent trends

Month-over-month AMR for Royal Oak, MI, so you can see where pricing is heading.

Seasonality

Which months book strongest in Royal Oak, MI. Plan pricing and turnovers around real demand.

Local regulations

Whether 30+ night rentals are allowed in Royal Oak, MI, short-term-rental rules, and HOA / zoning caveats to check before you buy.

Market opportunities

AI-surfaced opportunities and risks for Royal Oak, MI: underserved unit types, demand spikes, and where supply is thin.

Mid-term rentals in Royal Oak, MI: FAQ

What is the rent range for a furnished monthly rental in Royal Oak, MI?
The rent range for a furnished 30+ night rental in Royal Oak, MI is $2,700–$4,400. Sign in to view the real market rent. The listing range is 20–80 active 30+ night listings as of July 2026.
How many furnished monthly rentals are there in Royal Oak, MI?
The listing range for active 30+ night rentals in Royal Oak, MI is 20–80 as of July 2026. Sign in to view the real listing count.
Are mid-term rentals legal in Royal Oak, MI?
Rules are set locally. Most U.S. cities regulate short-term rentals (stays under 30 nights) and treat furnished stays of 30+ nights as ordinary tenancies, but some cities draw the line at a different length or limit furnished rentals in certain zones. Check Royal Oak, MI's current ordinance, plus HOA, lease, and zoning rules, before you buy or list.

Sources and methodology

The rent range and listing range come from active furnished monthly (30+ night) marketplace listings tracked by MTR Analytics as of July 2026. Sign in to view the real market rent and listing count. The real rent is the average asking monthly rent over up to the 12 most recent complete months. Demographics are U.S. Census Bureau ACS 5-year estimates. Employment is U.S. Bureau of Labor Statistics data for Oakland County. How these numbers are built.

Cite this page: MTR Analytics, “Royal Oak, MI mid-term rental market data,” July 2026, https://mtranalytics.com/mid-term-rental-data/michigan/royal-oak.

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