Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Royal Oak area can be challenging. Home prices in Royal Oak are now at a median cost of $803,180, higher than the Maryland average of $450,578.
The average cost of rent is $1,916/mo in Royal Oak, primarily driven by the current value of real estate in the Royal Oak area. In Royal Oak, 9.44% of households rent, and 44.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Royal Oak is $9,483 per month. Households that rent pay about 20.21% of their income on rent here. Royal Oak’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oxford, MD: equally priced homes
- Trappe, MD: less expensive homes
- Ivytown, MD: less expensive homes
- Kirkham, MD: less expensive homes
- Lloyds, MD: less expensive homes
- Cornersville, MD: less expensive homes
- Easton, MD: less expensive homes
- Neavitt, MD: less expensive homes
- Cambridge, MD: less expensive homes
- St. Michaels, MD: less expensive homes
Cities with Similar Populations
- Hoogdal, WA: less expensive homes
- Hebron, WI: less expensive homes
- Helen, GA: less expensive homes
- Henefer, UT: less expensive homes
- Hesston, PA: less expensive homes
- Hi Hat, KY: less expensive homes
- Hildale, UT: less expensive homes
- Hillsdale, IL: less expensive homes
- Holbrook, KY: less expensive homes
- Hebron, NH: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood