Birmingham / Royal Oak, MI Rental Market Data

As of August 2026, rental prices in Birmingham / Royal Oak, MI range from $1,223 to $2,901 per month depending on property type and bedroom count.

The largest year-over-year increase is found in condo/townhome 2BR units, up 7.84%.

For 2-bedroom rentals, condo/townhomes have a median rent of $1,936, while apartments are $1,688.

What is the rent range in Birmingham / Royal Oak, MI for August 2026?

In August 2026, rents in Birmingham / Royal Oak, MI range from $1,223 for a 1BR apartment to $2,901 for a 4BR single-family home.

How much more do condos or townhomes cost than apartments for the same bedroom count in Birmingham / Royal Oak, MI?

As of August 2026, condo/townhome rents are higher than apartments: 1BR condos are $1,354 vs $1,223 for apartments ($131 premium), 2BR condos are $1,936 vs $1,688 ($248 premium), and 3BR condos are $2,327 vs $2,066 ($261 premium).

What is the price gap between condos/townhomes and single-family homes for the same number of bedrooms in Birmingham / Royal Oak, MI?

In August 2026, single-family homes are more expensive than condos/townhomes for 3BR and 4BR ($2,364 vs $2,327 for 3BR—$37 premium; $2,901 vs $2,461 for 4BR—$440 premium), while condos/townhomes are more expensive for 1BR and 2BR ($1,354 vs $1,324 for 1BR—$30 premium; $1,936 vs $1,757 for 2BR—$179 premium).

Which segment in Birmingham / Royal Oak, MI had the largest annual rent decrease, and is it limited to one area or broad?

The largest year-over-year decrease is in apartment 1BR units, which declined by -1.45% from August 2025 to August 2026, and this decrease is specific to the 1BR apartment segment as all other apartment types had positive annual rent changes.

Birmingham / Royal Oak, MI

August 2026

48009,48067,48073

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,187 – $1,260	0.10%	-1.42%
2-Bedroom	$1,622 – $1,793	3.98%	6.31%
3-Bedroom	$2,000 – $2,132	2.44%	4.06%
4-Bedroom	$2,145 – $2,287	1.38%	4.63%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,334 – $1,375	1.07%	2.71%
2-Bedroom	$1,839 – $2,033	11.49%	7.84%
3-Bedroom	$2,269 – $2,386	-0.15%	2.77%
4-Bedroom	$2,382 – $2,521	1.43%	4.65%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,295 – $1,353	1.25%	5.18%
2-Bedroom	$1,715 – $1,895	1.44%	7.10%
3-Bedroom	$2,273 – $2,512	1.91%	4.42%
4-Bedroom	$2,741 – $3,060	-1.48%	7.26%

Data updated: September 23, 2026

Birmingham / Royal Oak Rental Trends

In the Birmingham / Royal Oak (48009, 48067, 48073) rental market, 1-bedroom condos commanded a median rent of $1,288, surpassing 1-bedroom apartments at $1,221 by $67. Both segments saw a monthly decline, with condos down -1.96% MoM and apartments down -1.88%, yet condos gained 1.70% YoY, outperforming apartments' 0.43% annual growth.

Among all segments in Birmingham / Royal Oak (48009, 48067, 48073), 3-bedroom single-family properties recorded the largest monthly increase, rising 3.29% MoM to $2,311. This segment's momentum contrasts sharply with 3-bedroom condos, which declined -4.88% MoM to $2,122, highlighting differences in consumer preferences for family-sized rentals.

April data reveals that Birmingham / Royal Oak (48009, 48067, 48073) rental trends indicate 4-bedroom apartment units earned a 4.42% year-over-year increase, reaching a median of $2,117. This rate of growth tops all other apartment categories, underscoring rising demand for larger rental units in this submarket.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,223	$1,708	$2,066	$2,216
July 2026	$1,306	$1,683	$2,010	$2,199
June 2026	$1,217	$1,563	$1,996	$2,165
May 2026	$1,254	$1,614	$2,041	$2,139
April 2026	$1,221	$1,530	$1,967	$2,117
March 2026	$1,250	$1,554	$1,963	$2,107
February 2026	$1,236	$1,555	$1,968	$2,115
January 2026	$1,244	$1,580	$1,986	$2,131
December 2025	$1,228	$1,587	$1,997	$2,147
November 2025	$1,232	$1,587	$2,014	$2,157
October 2025	$1,244	$1,586	$2,012	$2,155
September 2025	$1,256	$1,605	$2,005	$2,144

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,354	$1,936	$2,327	$2,461
July 2026	$1,398	$1,782	$2,381	$2,439
June 2026	$1,354	$1,858	$2,270	$2,387
May 2026	$1,322	$2,009	$2,264	$2,351
April 2026	$1,288	$1,832	$2,122	$2,313
March 2026	$1,313	$1,904	$2,209	$2,299
February 2026	$1,318	$1,804	$2,217	$2,302
January 2026	$1,295	$1,791	$2,219	$2,320
December 2025	$1,284	$1,787	$2,244	$2,341
November 2025	$1,292	$1,832	$2,260	$2,362
October 2025	$1,307	$1,827	$2,273	$2,372
September 2025	$1,320	$1,833	$2,266	$2,370

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,324	$1,805	$2,393	$2,901
July 2026	$1,317	$1,815	$2,453	$2,900
June 2026	$1,294	$1,752	$2,401	$2,742
May 2026	$1,273	$1,677	$2,373	$2,695
April 2026	$1,258	$1,670	$2,311	$2,558
March 2026	$1,247	$1,659	$2,208	$2,495
February 2026	$1,249	$1,633	$2,295	$2,505
January 2026	$1,256	$1,648	$2,237	$2,554
December 2025	$1,264	$1,647	$2,192	$2,558
November 2025	$1,273	$1,656	$2,218	$2,570
October 2025	$1,273	$1,673	$2,260	$2,604
September 2025	$1,276	$1,685	$2,323	$2,595

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