Troy MI Apartments
48 rentals
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,782 - $2,697/mo
Studio-3 Beds
1-2 BathsUptown Square Apartments | 1300 Livernois Rd,
Troy, MI 48083
SPECIAL OFFERTotal price$1,315 - $1,665/mo1-2 Beds1 BathThree Oaks Apartments | 4154 Three Oaks Dr,
Troy, MI 48098
NEW - 1 DAY AGOPET FRIENDLY
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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 for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,644 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,670 |
| Jan 2026 | $1,685 |
| Feb 2026 | $1,582 |
| Mar 2026 | $1,611 |
| Apr 2026 | $1,755 |
| May 2026 | $1,708 |
| Jun 2026 | $1,667 |
| Jul 2026 | $1,667 |
| Aug 2026 | $1,713 |
| Sep 2026 | $1,658 |
Average Rent By Bedroom and Home Type
In September 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 | $1,350 | $2,000 | $2,600 | $3,200 | $2,500 |
| Townhomes | — | $2,000 | $2,600 | — | $2,500 |
| Apartments and Condos | $1,135 | $2,022 | $2,500 | $3,300 | $2,200 |
| Houses | $850 | $1,895 | $2,600 | $3,200 | $2,800 |
Frequently Asked Questions about Apartments and Condos for rent in Troy, MI
- What is the average rent of an apartment in Troy, MI?The average rent of an apartment in Troy, MI is $1,694 per month. This is about 13% lower than the national average.
- When is the average rent for an apartment cheapest in Troy, MI?In the last year, the average rent in Troy, MI was lowest in Jan 2025 when it was $1,248 per month.
- When is the average rent for an apartment most expensive in Troy, MI?In the last year, the average rent in Troy, MI was highest in Jun 2025 when it was $2,163 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Troy, MI?The average rent of a 1 bedroom apartment in Troy, MI is $1,184 per month. That is about $115 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Troy, MI?There are 51 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.
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