Troy MI Apartments
42 rentals
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- $1,690 - $2,634/moStudio-3 Beds1-2 BathsUptown Square Apartments | 1300 Livernois Rd,
Troy, MI 48083 - Total price$1,315 - $1,665/mo1-2 Beds1 BathThree Oaks Apartments | 4154 Three Oaks Dr,
Troy, MI 48098 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 for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| 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 |
| Oct 2026 | $1,694 |
| Nov 2026 | $1,527 |
Average Rent By Bedroom and Home Type
In November 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 | $1,389 | $2,000 | $2,600 | $3,200 | $2,500 |
| Townhomes | — | $2,300 | $2,300 | $3,500 | $2,300 |
| Apartments and Condos | $1,225 | $1,989 | $2,495 | $3,300 | $1,989 |
| Houses | — | $1,500 | $2,650 | $3,200 | $2,850 |
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 $1,689 per month.
- When is the average rent for an apartment cheapest in Troy, MI?In 2025, the average rent for an apartment in Troy, MI was lowest in January when it was $1,248 per month.
- When is the average rent for an apartment most expensive in Troy, MI?In 2025, the average rent for an apartment in Troy, MI was highest in June 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 $1,346 per month. That is about $102 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Troy, MI?There are 48 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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