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Rent by ZIP · Oakland County

Rent in Royal Oak, MI 48073

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,710 (+5.6% vs FY2026). Renters in this ZIP code pay a median $1,283 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,230$1,160+6%$1,107–1,353$1,115 ±$59
1 bedroom$1,370$1,290+6.2%$1,233–1,507$1,113 ±$25
2 bedrooms$1,710$1,620+5.6%$1,539–1,881$1,423 ±$47
3 bedrooms$2,080$1,980+5.1%$1,872–2,288$2,080 ±$123
4 bedrooms$2,260$2,140+5.6%$2,034–2,486$1,233 ±$755

Small Area FMRs for the Detroit-Warren-Livonia, MI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Detroit-Warren-Livonia, MI HUD Metro FMR Area, 2 bedrooms: $1,459.

What renters pay in 48073

Median gross rent$1,283±$67 · all sizes
Renter households5,17032% of occupied homes
No cash rent122households

How rents are spread

Under $1,00012%
$1,000–1,49955%
$1,500–1,99920%
$2,000–2,49910%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48072Berkley$1,760$1,674
48074Smiths Creek$1,410–
48071Madison Heights$1,430$1,309
48075Southfield$1,570$1,360
48070Huntington Woods$2,190–
48076Southfield$1,760$1,455

Fair Market Rents across Oakland County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.