What HUD offices serve Royal Oak, Michigan?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Royal Oak.
How many renters live in Royal Oak, Michigan?
The City of Royal Oak has people living in households.
There are renters living in renter households in this City. Renters make up 29.13 percent of the population living in Royal Oak.
What is the rental market like in Royal Oak, Michigan?
There are an estimated housing units in the Royal Oak area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Royal Oak, Michigan, there are 1.08 rental units.
What is the vacancy rate for rentals in Royal Oak?
The rental vacancy rate in Royal Oak is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Royal Oak for each bedroom size?
Occupied Rental Units by Size in Royal Oak
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 476 | 4,125 | 3,389 | 1,739 | 252 |
Occupied Rental Units by Size in Royal Oak
A large number of apartments in Royal Oak have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Royal Oak?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 124 | 26 percent |
| One BR | 1,646 | 40 percent |
| Two BR | 1,339 | 40 percent |
Rental Units Below FMR in Royal Oak, Michigan
How many affordable rental units are in Royal Oak?
There are a variety of federal affordable housing programs serving households in Royal Oak, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Royal Oak, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Royal Oak, Michigan
Royal Oak features 247 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Royal Oak, Michigan
There are 147 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Royal Oak.
Housing Choice Vouchers in Royal Oak, Michigan
On average, Section 8 Housing Choice vouchers pay Royal Oak landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Royal Oak.
The maximum amount a voucher would pay on behalf of a low-income tenant in Royal Oak, Michigan for a two-bedroom apartment is between $1,162 and $1,420.
Sourced from federal housing data and AffordableHousingOnline.com research.