Cheap Apartments for Rent in Troy, MI
123 rentals
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
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Use arrow keys to navigateNEW - 2 DAYS AGOPET FRIENDLY
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NEW - 8 HRS AGOPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 2 HRS AGOPET FRIENDLY
PET FRIENDLYFURNISHED
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
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APPLY INSTANTLYPET FRIENDLY
Total price$1,315 - $1,665/mo
1-2 Beds
1 BathThree Oaks Apartments | 4154 Three Oaks Dr,
Troy, MI 48098
APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYFURNISHED
APPLY INSTANTLY
NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLYFURNISHED
APPLY INSTANTLY
APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLYFURNISHED$1,712 - $2,667/moStudio-3 Beds1-2 BathsUptown Square Apartments | 1300 Livernois Rd,
Troy, MI 48083
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,400 |
| Dec 2025 | $2,370 |
| Jan 2026 | $2,395 |
| Feb 2026 | $2,300 |
| Mar 2026 | $2,275 |
| Apr 2026 | $2,300 |
| May 2026 | $2,300 |
| Jun 2026 | $2,350 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,400 |
| Sep 2026 | $2,500 |
| Oct 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,332 | $1,931 | $2,499 | $3,200 | $2,500 |
| Townhomes | — | $2,000 | $2,500 | — | $2,267 |
| Apartments and Condos | $1,095 | $2,200 | $2,432 | $2,500 | $2,299 |
| Houses | $850 | $1,800 | $2,600 | $3,000 | $2,750 |
Frequently Asked Questions about Rentals in Troy, MI
- What is the average rent of an apartment in Troy, MI?The average rent of an apartment in Troy, MI is $1,708 per month. This is about 12% lower than the national average.
- What are the cheapest months to find an apartment to rent in Troy, MI?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,300 per month.
- How many cheap apartments are available in Troy, MI?There are 75 apartments to rent that are cheaper than the city’s average rent of $2,500.
- When is the average rent most expensive in Troy, MI?In the last year, the average rent in Troy, MI was highest in Aug 2025 when it was $2,557 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 $1,332 per month. That is about $423 less than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Troy, MI - 326 Rentas | Trulia