
Apartments for Rent in Troy, MI Under $1,000 (34 Rentals)


Churchill Square Apartments

920 On the Park

Sterling Troy Apartments

Sterling Heights Apartments

Philamer

Bloomfield Orchard

Total Monthly Price
5093 Mansfield Ave, Unit 5093 Mansfield
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.

Rochester House Apartments

The Village of Royal Oak Senior Living 55+

amber's Broadacre Apartments

Altitude Apartments East

Charles Hamlet

Auburn Square Apartments

President Madison Apartments

Lexington Village
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.

Amber's Timber Lodges

Emerald Apartments

Amber Apartments

Legacy Manor

Eton Square Apartments & Townhomes

Hickory Grove

Canterbury Apartments

Lexington Place Apartments
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.

Madison Woods West

540 W 14 Mile Rd

Devon Park Apartments

Rudgate Manor

Regency Apartments

Royal Madison

Northwood Manor

Elmwood Apartments
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

Elmwood Oaks

Clawson Manor Co-op
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 Under $1000 | $1,397 | $829 | $2,379 |
| Troy 1 Bedroom Apartments Under $1000 | $1,584 | $925 | $5,300 |
| Troy 2 Bedroom Apartments Under $1000 | $1,975 | $977 | $6,900 |
| Troy 3 Bedroom Apartments Under $1000 | $2,453 | $1,340 | $6,412 |
| Troy 4 Bedroom Apartments Under $1000 | $4,275 | $4,275 | $4,275 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, MI Local Guide
- Troy Neighborhoods
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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
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.
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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.
Troy, MIPopulation: 84,272
Ranked #406
in US Census Population by City
Pet Friendly LifestyleTroy, MI
Ranked #5
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, MI Rentals by Map
See the most popular apartments and homes in Troy, MI
Frequently Asked Questions about Troy
How much are Studio apartments in Troy?
There are currently 6 Studio Apartments in Troy with rent ranges from $829 to $2,379 with an average price of $1,397.
What is the current price range for One Bedroom Troy Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Troy ranges from $925 to $5,300 with an average monthly rent of $1,584.
What does renting a Two Bedroom Apartment in Troy cost?
The monthly rent prices of Two Bedroom Apartments currently available in Troy range from $977 to $6,900. Today's average rental price for Two Bedrooms here is $1,975.
How expensive are Troy Three Bedroom Apartments?
There are currently 8 Three Bedroom Apartments listings available in Troy on ApartmentHomeLiving.com. The pricing ranges from $1,340 to $6,412 - averaging $2,453 for the location.
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

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.

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

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

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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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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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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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.

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.