What percentage of people rent in Royal Oak, MI?

Name: Renters and owners in Royal Oak, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

32.0% (±1.9 points) of the occupied homes in Royal Oak, MI are rented (2020–2024 American Community Survey).

That is 9,319 renting households against 19,791 that own their home.

In Royal Oak, the share of households that rent went from 32.6% in 2015–2019 to 32.0% in 2020–2024 (−0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 32.0% (±1.9 points)
Renting households: 9,319 (±584)
Median renter income: $72,349 (±$6,700)

Who rents and who owns in Royal Oak

Tenure, estimate (90% margin of error)
	Royal Oak	Oakland County	Michigan	United States
Renter-occupied share	32.0% (±1.9 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	9,319 (±584)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	19,791 (±771)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.7 (±0.1)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.1 (±0.1)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$72,349 (±$6,700)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$118,512 (±$6,707)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Royal Oak, the renter share is higher than in Oakland County (27.3%).

It is also higher than in Michigan (26.8%).

It is lower than the national figure (34.8%).

In Oakland County, Royal Oak ranks 17 of 50 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 182 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Royal Oak has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	32.6% (±1.6 points)	32.0% (±1.9 points)	−0.6 percentage points	Not a measurable change
Median gross rent	$1,079 (±$34)	$1,381 (±$47)	+28.0%	No measurable change after inflation
Median household income	$81,665 (±$2,143)	$101,109 (±$3,325)	+23.8%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Royal Oak

Nearest places with a published estimate, compared with Royal Oak
Place	Distance	Households that rent	Compared with this place
Royal Oak	—	32.0% (±1.9 points)	—
Berkley	1.7 mi	12.1% (±2.4 points)	Lower
Huntington Woods	1.9 mi	3.9% (±2.9 points)	Lower
Clawson	2.0 mi	24.6% (±3.4 points)	Lower
Pleasant Ridge	2.6 mi	4.4% (±2.7 points)	Lower
Madison Heights	2.6 mi	35.2% (±3.8 points)	Not measurably different
Oak Park	3.3 mi	36.7% (±4.1 points)	Higher
Ferndale	3.5 mi	33.4% (±3.5 points)	Not measurably different
Lathrup Village	3.9 mi	7.9% (±5.2 points)	Lower

Nearby places with a measurably lower figure: Berkley, MI (12.1%), Huntington Woods, MI (3.9%), Clawson, MI (24.6%).

Nearby places with a measurably higher figure: Oak Park, MI (36.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Oakland County, place by place

Rank	Place	Households that rent
11	Farmington Hills	35.3% (±2.1 points)
12	Madison Heights	35.2% (±3.8 points)
13	Hazel Park	33.9% (±4.9 points)
14	Novi	33.7% (±2.3 points)
15	Ferndale	33.4% (±3.5 points)
16	Rochester	32.9% (±3.7 points)
17	Royal Oak	32.0% (±1.9 points)
18	Troy	26.7% (±1.5 points)
19	Clawson	24.6% (±3.4 points)
20	Waterford Charter Township	24.2% (±1.6 points)
21	Rochester Hills	23.3% (±1.7 points)
22	Birmingham	22.9% (±3.3 points)
23	Independence Charter Township	20.6% (±3.2 points)

Showing 13 of 50 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Royal Oak

How many renters are there in Royal Oak?

Royal Oak has an estimated 9,319 (±584) renting households, 32.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Royal Oak?

In Royal Oak, the share of households that rent went from 32.6% in 2015–2019 to 32.0% in 2020–2024 (−0.6 percentage points), not a measurable change.

How big are renting households in Royal Oak?

A renting household in Royal Oak has 1.7 people on average, against 2.1 in an owned home.

How much do renters earn in Royal Oak?

The median renting household in Royal Oak, MI has an income of $72,349 (±$6,700) a year, against $118,512 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Royal Oak city, Michigan (place:70040, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.