Apartments for Rent in Troy MI
1,113 Rentals Available
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Troy Market Snapshot
Average 1-Bedroom Rent is $1,427/mo
Down -0.8% From Last Year
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1 Bed$1,303+2 Beds$1,502+Total Monthly PriceTotal Monthly Price NewPrices include base rent and required monthly fees of $34. Variable costs based on usage may apply.Base Rent:1 Bed$1,269+2 Beds$1,468+
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1 Bed$1,367+2 Beds$1,512+Total Monthly PriceTotal Monthly Price NewPrices include base rent and required monthly fees of $34. Variable costs based on usage may apply.Base Rent:1 Bed$1,333+2 Beds$1,478+
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Studio$1,414+1 Bed$1,564+2 Beds+$1,500+Total Monthly PriceTotal Monthly Price NewPrices include base rent and required monthly fees of $45. Variable costs based on usage may apply.Base Rent:Studio$1,369+1 Bed$1,519+2 Beds+$1,455+
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Showing 40 of 201 Results - Page 1 of 6
Explore Rent Prices Near Troy, MI
Troy, MI’s average rent price is $1,504 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.
| Average Rent | |
|---|---|
| Clawson | $1,636 |
| Royal Oak | $1,956 |
| Rochester Hills | $1,505 |
| Bloomfield Hills | $1,354 |
| Birmingham | $2,862 |
Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.
Troy, MI Apartments for Rent
Troy sits just north of Detroit with easy highway access and plenty to do. If you’re browsing apartments for rent in Troy, start with the Big Beaver corridor for newer communities near office parks and restaurants, plus quick runs to Somerset Collection. The areas around Coolidge and Big Beaver put you steps from high-end shopping and casual eats—look for apartments near Somerset Collection if you want walkable retail. Other great spots include the Crooks Road corridor for a shorter drive to Southfield, the Troy Civic Center area by the library and community center, Rochester Road for everyday stores and local diners, and the Long Lake and Wattles corridors close to parks like Boulan Park. For a quieter, leafy setting, check out North Troy near the Lloyd A. Stage Nature Center and Sylvan Glen Golf Course.
Commutes are simple: I-75 runs through the city, with I-696 and M-59 nearby, putting Detroit, Auburn Hills, Royal Oak, and Southfield within an easy drive (about 30 minutes to downtown Detroit outside rush hour). Rentals close to the Troy Transit Center make regional trips by train and bus straightforward. On your days off, visit the Troy Historic Village, hike the trails at the Stage Nature Center, or play a round at Sylvan Glen. Dining and entertainment cluster along Big Beaver—think upscale steakhouses, sushi spots, and coffee bars—and shopping ranges from designer names at Somerset to everyday finds at Oakland Mall.
Troy, MI Rental Insights
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The average rent in Troy, MI is $1,436 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Troy, MI is slightly less expensive than much of the country.
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Find affordable apartments for rent in Troy, MI by browsing listings in budget-friendly neighborhoods such as Royal Coachman, Canterbury Square, and 920 on the Park. Use filters by price, number of bedrooms, and amenities to narrow your search.
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The most popular ZIP codes for renters in Troy, MI are 48084, 48083, 48085, and 48098.
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The cost of living in Troy, MI is 5.8% higher than the national average. Daily expenses like housing, groceries, and transportation generally cost more than in many other U.S. cities.
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To live comfortably in Troy, MI as a single adult with no dependents, aim for a salary of at least $83,000 before taxes. Expect to spend about $8,436/year for groceries, $13,116 for goods and services, and $31,752/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Troy, MI by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 1,113 Troy apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Troy, MI has very few transit options. Residents typically rely on driving for daily needs.
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Students renting in Troy, MI have access to Walsh College of Business, Oakland C.C., Royal Oak Campus, Oakland C.C., Auburn Hills, and Oakland University.
Find the Perfect Troy, MI Apartment
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