Troy MI Apartments
48 rentals
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- NEW - 1 DAY AGOPET FRIENDLY$1,299 - $1,799/mo1-2 Beds1-2 BathsSunnymede Apartments - Troy, MI | 561 Kirts Blvd #497-87R,
Troy, MI 48084 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
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- $1,629 - $2,596/moStudio-3 Beds1-2 BathsUptown Square Apartments | 1300 Livernois Rd #2108,
Troy, MI 48083 - Total price$1,170 - $1,563/mo1-2 Beds1 BathThree Oaks Apartments | 4154 Three Oaks Dr #4214-4B,
Troy, MI 48098 - $975 - $1,125/mo1-2 Beds1 BathRanch Apartment Homes in Great Troy Location | 1071 Rochester Rd #1B-1Ba-700Sqft,
Troy, MI 48083 Save Search in Troy, MI
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Average Rent Trends in Troy, MI
Rent in Troy, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,163 |
| Jul 2025 | $1,707 |
| Aug 2025 | $1,597 |
| Sep 2025 | $1,699 |
| Oct 2025 | $1,644 |
| Nov 2025 | $1,601 |
| Dec 2025 | $1,670 |
| Jan 2026 | $1,685 |
| Feb 2026 | $1,580 |
| Mar 2026 | $1,611 |
| Apr 2026 | $1,759 |
| May 2026 | $1,708 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,342 | $2,150 | $2,400 | $3,500 | $2,300 |
| Townhomes | $1,100 | $2,300 | $2,800 | $3,575 | $2,400 |
| Apartments and Condos | $1,165 | $2,300 | $2,200 | $3,000 | $2,000 |
| Houses | $850 | $875 | $2,300 | $3,400 | $2,400 |
Frequently Asked Questions about Apartments and Condos for rent in Troy, MI
- What is the average rent of an apartment or condo in Troy, MI?The average rent of an apartment or condo in Troy, MI is $1,697. Rent prices range from $1,075 to as much as $4,275, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in Troy, MI compare to the national average?Average rent of an apartment or condo in Troy, MI is about 11% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in Troy compared to the U.S. average.
- What is the average rent of an apartment or condo in Troy, MI, by number of bedrooms?The average rent of an apartment or condo in Troy, MI is $1,381 for a studio, $1,298 for a 1 bedroom, $1,785 for a 2 bedroom, $2,350 for a 3 bedroom, and $3,638 for a 4 bedroom.
- How have rent prices of an apartment or condo in Troy, MI changed compared to last year?In the past year, the average rent price of an apartment or condo in Troy, MI has decreased by $82. That means the average rent of an apartment or condo is 5% lower than last year.
- How many apartments or condos are available to rent in Troy, MI?There are 52 available apartments or condos to rent in Troy, MI.
- What are some zip codes in Troy, MI?
- What are some cities near Troy, MI?Some nearby cities include: Clawson, Birmingham, Royal Oak, Madison Heights, Bloomfield. These cities may have more rental options to explore.