
Top Rated Cheap Apartments for Rent in Troy, MI from $300 (41 Rentals)
Top Rated Apartments in Troy.
Cheap Apartments in Troy.


Amber Studios and Lofts

Amber Town Center Townhomes & Lofts

Charter Square

Cornerstone at Troy Apartments

Sunnymede Apartments - Troy, MI

Residences of Troy Apartments - Troy, MI

Zen City Center Apartments
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.

Uptown Square Apartments

Auburn Square Apartments

Altitude Apartments East ( Ferndale 28 LLC)

Kimberly Club Apartments

Campbell Row Apartments

Edgewood Court North

Woodside Apartments
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.

Amber Landing Townhouses and Lofts

The Tremont

Whispering Lakes Apartments

Essex at Hampton

Bloomfield Villas
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Oak Hill Apartments

The Heights

Georgian Manor

Pebble Creek

Laurel Valley Apartments

Briarwood Park Apartments

Eton Square Apartments & Townhomes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Whispering Winds Apartments

Lake Village of Rochester Hills

Village Green of Rochester Hills

The Preserves

Elliott Park Apartments

The Jordan

Pine Ridge Apartments

Shoal Creek Apartments

Stone Ridge Of Shelby
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

Fountain Circle of Auburn Hills
Troy, MI Local Guide

How much does it cost to rent an apartment in Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Troy Studio Apartments | $1,427 | $875 | $2,189 |
Troy 1 Bedroom Apartments | $1,887 | $895 | $5,300 |
Troy 2 Bedroom Apartments | $2,275 | $931 | $10,000+ |
Troy 3 Bedroom Apartments | $2,517 | $1,280 | $10,000+ |
Troy 4 Bedroom Apartments | $2,830 | $2,250 | $4,150 |
Explore Troy
Troy, MI Local Guide
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Troy, MI
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Troy Apartments
What is the Cheapest Studio apartment in Troy?
Currently the most affordable Cheap Studio Apartment in Troy is at Amber's Timber Lodges listed at $875.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $900 at Devon Park Apartments.
What is the lowest price for a Cheap Two Bedroom Troy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Troy is starting from $1,020 at Charles Hamlet.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Spring Hill and starts from $1,358.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.