Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (27 Rentals)

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

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Clawson Manor Co-op
Studio to 1 Bedroom Apartments

Clawson Manor Co-op

255 W 14 Mile RdClawson, MI 48017
Senior Living
  • Utilities Included
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Elmwood Oaks
1 Bedroom Apartments

Elmwood Oaks

590-610 E Elmwood AveClawson, MI 48017
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Elmwood Apartments
1 Bedroom Apartments

Elmwood Apartments

328-348 Elmwood DrClawson, MI 48017
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540 W 14 Mile Rd
1 Bedroom Apartments

540 W 14 Mile Rd

540 W 14 Mile RdClawson, MI 48017
  • Utilities Included

Cheapest Available Downtown Troy Apartments for Rent

 

The cheapest available apartment rental in the Downtown Troy area of Detroit, MI is a Studio unit found at Amber's Timber Lodges priced from $875. Amber Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Downtown Troy apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Amber's Timber LodgesStudioStudio,1BA$875
Amber Creek ApartmentsStudio (Tahoe/Ventura)Studio,1BA$895
The Gables of TroyThe Quinn 1 bed 1 bath1BR,1BA$915
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$925
amber's Broadacre ApartmentsStudioStudio,1BA$945
The Alcove TroyStudio1BR,1BA$995
Charter Square1 BEDROOM 1 BATH1BR,1BA$1,115
Amber Town Center Townhomes & LoftsStudioStudio,1BA$1,145
Amber Studios and LoftsStudioStudio,1BA$1,145
Three Oaks Apartments1B1BR,1BA$1,150

Best Value Apartments for Rent in Downtown Troy, MI

As of November 01, 2025 the best value apartment in the Downtown Troy area is the $1.54 price per square foot Abbott II Model at Briggs Park of Troy in the in the Mystic Forest at the Park neighborhood starting from $4,150. The second greatest value Downtown Troy apartment is the A1 Model at Regents Club of Troy starting at $1,620 with a $1.60 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Briggs Park of TroyAbbott II4BR,3BA$1.54
Regents Club of TroyA11BR,1BA$1.60
ONE11 BIRMINGHAM WEST2BR/1.0BA2BR,1BA$1.30
Sunnymede Apartments - Troy, MISolstice1BR,1BA$1.53
Buckingham Square1 bedroom Patio & Balcony1BR,1BA$1.64
The Gables of TroyThe Quinn 1 bed 1 bath1BR,1BA$1.14
Somerset ParkDorchester1BR,1BA$1.61
Three Oaks Apartments1B1BR,1BA$1.51
Charter Square1 BEDROOM 1 BATH1BR,1BA$1.49
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1.43

Getting Around the Downtown Troy Neighborhood in Troy, MI

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Downtown Troy Apartments

What is the Cheapest Studio apartment in Downtown Troy?

Currently the most affordable Cheap Studio Apartment in Downtown Troy is at Amber's Timber Lodges listed at $875.

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

The lowest price for a Cheap One Bedroom Downtown Troy Apartment is $915 at The Gables of Troy.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Troy is starting from $1,040 at Woodland Gardens.

What is the most affordable Downtown Troy Three Bedroom Apartment?

The best deal on a cheap Downtown Troy Three Bedroom Apartment rental is at Charter Square and starts from $1,450.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

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