
Cheap Apartments for Rent in New Troy, MI from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in New Troy.


Gemini Apartments

Lakecrest Apartments

Midway Apartments

Golden Oak Village

The Square

Castle Point

Spansail Court Apartments

Emerald Pointe Apartments

Indian Springs Apartments
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.

Briarwood Apartments

The Courts and Royal Oaks Apartments LLC

Coolspring Estates Apartments

Harter Heights Place

Riverside North Apartments

The Ivy at Berlin Place

Westview Apartments

Georgetown Apartments

Prairie Ridge Apartments

The Soma Lofts
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Lasalle Apartments

Long Beach Cove Villa Apartments

Hillcrest & Ridgeview Apartments

Central High & Stephenson Mills Apartments

Hurwich Farms Apartments

Griffin Estates Apartments

2014 Lathrop St

5454 1/2 Deans Hill Rd

121 S 3rd St

Berrien Crossroads Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

*Inactive* Legacy on Main

Park Manor Apartments

Village West Apartments

618 Superior St

4414 Huron Cir

1106 Portage Ave

929 Beale St

1709 Huey St

1644 N Adams St

1083 IN-2
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

907 Sprucewood Ln

729 N Elmer St

1621 N Adams St

The Hill

1513 Wilber St

513 S Edison Ave

Hidden Harbor Villas

300 East Apartments

2203 Smith St

1033 W Beale St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
New Troy, MI Local Guide

How much does it cost to rent an apartment in New Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Troy Studio Apartments | $1,214 | $725 | $1,950 |
| New Troy 1 Bedroom Apartments | $1,241 | $725 | $2,534 |
| New Troy 2 Bedroom Apartments | $1,432 | $750 | $3,128 |
| New Troy 3 Bedroom Apartments | $1,609 | $780 | $4,377 |
| New Troy 4 Bedroom Apartments | $1,658 | $777 | $3,375 |
Browse Top Apartments in New Troy
See all Apartments in New TroyExplore New Troy
New Troy, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in New Troy, MI is a 2 Beds unit found at Robertson's Senior Apartments in the Keller Park neighborhood priced from $750. Midway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable New Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $750 |
| Midway Apartments | One Bedroom | 1BR,1BA | $800 |
| Lakecrest Apartments | Pontoon | 1BR,1BA | $899 |
| Castle Point | Balmoral | 1BR,1BA | $905 |
| Spansail Court Apartments | The Pine - 1 bedroom, 1 bath | 1BR,1BA | $907 |
| The Courts and Royal Oaks Apartments LLC | Courts one bedroom | 1BR,1BA | $965 |
| Harter Heights Place | Scotsman | Studio,1BA | $1,000 |
| Coolspring Estates Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,045 |
| The Square | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,065 |
| Riverside North Apartments | Delaware | 2BR,1BA | $1,115 |
Best Value Apartments for Rent in New Troy, MI and Nearby
As of June 07, 2026 the best value apartment in the New Troy area is the $1.18 price per square foot 3 Bedroom/2 Bath Model at Long Beach Cove Villa Apartments in the in the Trail Creek neighborhood starting from $1,735. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Long Beach Cove Villa Apartments | 3 Bedroom/2 Bath | 3BR,2BA | $1.18 |
| The Courts and Royal Oaks Apartments LLC | Courts two bedroom upgraded | 2BR,2BA | $1.04 |
| University Edge | 2x2 | 2BR,2BA | $0.90 |
| Westview Apartments | 2 Bedroom 1 Bath 943 sq ft | 2BR,1BA | $1.36 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $0.85 |
| Coolspring Estates Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.24 |
| Georgetown Apartments | Carlisle | 1BR,1BA | $1.39 |
| Irish Row | 2X2 | 2BR,2BA | $1.09 |
| The Square | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.33 |
| Midway Apartments | One Bedroom | 1BR,1BA | $1.33 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Troy, MI Rentals by Map
See the most popular apartments and homes in New Troy, MI
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 Harter Heights Place listed at $1,000.
How much is rent for a Cheap One Bedroom New Troy Apartment?
The lowest price for a Cheap One Bedroom New Troy Apartment is $800 at Midway 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 Riverside North Apartments and starts from $1,510.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.