Cheap Apartments for Rent in Troy, MI from $300 with Washer/Dryer (63 Rentals)

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

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The Gables of Troy
Rent Specials
$1,235 - $1,594
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $1,594
Total Monthly Price
$1,235 - $1,594
1 to 2 Bedroom Apartments Available Now

The Gables of Troy

500 Coachman DrTroy, MI 48083
Furnished
  • Verified
  • Customer Reviewed
  • 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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property at 1840 Axtell Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

1840 Axtell Dr, Unit 1

1840 Axtell Dr
TroyMI48084
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Troy Villa
2 to 3 Bedroom Apartments

Troy Villa

2100 Stephenson HwyTroy, MI 48083
  • Utilities Included
property at 3804 Samuel Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Jul 1

3804 Samuel Ave, Unit Furnished Studio

3804 Samuel Ave
Rochester HillsMI48309

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.

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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.

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The Graham
$1,369 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,369 - $2,509
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Graham

1901 Village Green BlvdRochester Hills, MI 48307
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Oak Hill Apartments
$1,400 - $2,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,855
Total Monthly Price
$1,400 - $2,855
1 to 2 Bedroom Apartments Available Now

Oak Hill Apartments

45600 Oak Hill BlvdShelby Township, MI 48317
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Shoal Creek
Rent Specials
$1,415 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $2,650
Total Monthly Price
$1,415 - $2,650
1 to 2 Bedroom Apartments Available Now

Shoal Creek

34350 Ryan RdSterling Heights, MI 48310
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Pine Ridge Apartments
$1,424 - $3,267
Total Monthly Price

Total Monthly Price

Base Rent
$1,424 - $3,267
Total Monthly Price
$1,424 - $3,267
1 to 2 Bedroom Apartments Available Now

Pine Ridge Apartments

2800 Overlook DrRochester Hills, MI 48307
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Bloomfield Villas
$1,435 - $1,605
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $1,605
Total Monthly Price
$1,435 - $1,605
1 to 2 Bedroom Apartments Available Now

Bloomfield Villas

580 Bloomfield Village BlvdAuburn Hills, MI 48326
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  • Customer Reviewed
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Maple Road Townes
$1,435 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $1,585
Total Monthly Price
$1,435 - $1,585
1 to 2 Bedroom Apartments Available Now

Maple Road Townes

1802-1898 E Maple RdBirmingham, MI 48009
Affordability
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  • Customer Reviewed
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Colonial Court Terraces
Rent Specials
$1,450 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,200
Total Monthly Price
$1,450 - $2,200
2 to 3 Bedroom Apartments Available Now

Colonial Court Terraces

36695 Woodward AveBirmingham, MI 48009
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

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Showing Results 1-50, Page 1 of 2

Troy, MI Local Guide

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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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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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.

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Troy, MI
Population: 84,272

Ranked #406

in US Census Population by City

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Pet Friendly Lifestyle
Troy, MI

Ranked #5

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Troy, MI Rentals by Map

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See the most popular apartments and homes in Troy, MI

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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 Creek Apartments listed at $895.

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 $1,010 at Devon Park Apartments.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Rochester Villas and starts from $1,520.

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.

Helpful Local Expert Guides

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

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 and have witnessed the city and its surrounding metro area undergo a renaissance.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

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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.

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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.

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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.