Cheap Apartments for Rent near New Troy, MI from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Troy.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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*Inactive* Legacy on Main
Studio to 2 Bedroom Apartments

*Inactive* Legacy on Main

125 W Marion StSouth Bend, IN 46601
Student Housing
  • Utilities Included
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Park Manor Apartments
1 to 3 Bedroom Apartments

Park Manor Apartments

9766 Rose Hill RdBerrien Springs, MI 49103
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-31, Page 1 of 1

New Troy, MI Local Guide

Cheapest Available New Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Troy, MI is a 1 Bed unit found at Gemini Apartments in the Keller Park neighborhood priced from $654. Rumely Senior Apartments in the Downtown La Porte neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable New Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gemini ApartmentsThe Heritage1BR,1BA$654
Rumely Senior Apartments1 BR / 1 Bath (Annex)1BR,1BA$750
Robertson's Senior Apartments2 Bedroom2BR,1BA$750
Midway ApartmentsOne Bedroom1BR,1BA$800
Lakecrest ApartmentsPontoon1BR,1BA$899
Castle PointBalmoral1BR,1BA$905
Briarwood ApartmentsOne Bedroom1BR,1BA$905
Spansail Court ApartmentsThe Pine - 1 bedroom, 1 bath1BR,1BA$907
The Courts and Royal Oaks Apartments LLCCourts one bedroom1BR,1BA$965
Coolspring Estates ApartmentsStudio/1 BathStudio,1BA$995

Best Value Apartments for Rent in New Troy, MI and Nearby

As of July 23, 2026 the best value apartment in the New Troy area is the $1.32 price per square foot The Manor Model at The Residences at Belleville Park I and II in the in the Rum Village neighborhood starting from $1,800. The second greatest value New Troy apartment is the Courts two bedroom upgraded Model at The Courts and Royal Oaks Apartments LLC starting at $1,125 with a $1.04 price per square foot in the Trail Creek neighborhood. Here is today’s list of the best values for New Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Belleville Park I and IIThe Manor4BR,2BA$1.32
The Courts and Royal Oaks Apartments LLCCourts two bedroom upgraded2BR,2BA$1.04
Hidden Harbor VillasThe Bay2BR,1BA$1.26
Rumely Senior Apartments2 BR / 1 Bath (Annex)2BR,1BA$1.11
Robertson's Senior Apartments2 Bedroom2BR,1BA$0.85
Georgetown ApartmentsCarlisle1BR,1BA$1.33
Irish Row2X22BR,2BA$1.09
Castle PointAndorra1BR,1BA$1.33
Midway ApartmentsOne Bedroom1BR,1BA$1.33
Gemini ApartmentsThe Heritage1BR,1BA$1.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap New Troy Apartments

What is the Cheapest Studio apartment in New Troy?

Currently the most affordable Cheap Studio Apartment in New Troy is at Coolspring Estates Apartments listed at $995.

How much is rent for a Cheap One Bedroom New Troy Apartment?

The lowest price for a Cheap One Bedroom New Troy Apartment is $654 at Gemini Apartments.

What is the lowest price for a Cheap Two Bedroom New Troy Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Troy is starting from $750 at Robertson's Senior Apartments.

What is the most affordable New Troy Three Bedroom Apartment?

The best deal on a cheap New Troy Three Bedroom Apartment rental is at Castle Point and starts from $1,630.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.