Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (29 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
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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

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Showing Results 1-29, Page 1 of 1

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 (1BR / 1BA)1BR,1BA$935
amber's Broadacre ApartmentsStudioStudio,1BA$945
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$955
Amber Town Center Townhomes & LoftsStudioStudio,1BA$1,145
Amber Studios and LoftsStudioStudio,1BA$1,145
Charter Square1 BEDROOM 1 BATH1BR,1BA$1,150
Briarwood Park Apartments1 Bedroom 1 Bath1BR,1BA$1,200
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1,245

Best Value Apartments for Rent in Downtown Troy, MI

As of December 16, 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 1-Bedroom Model at Courtview Garden Apartments starting at $1,250 with a $1.14 price per square foot in the Birmingham Villas 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
Courtview Garden Apartments1-Bedroom1BR,1.5BA$1.14
Charter Square3 BED 2 BATH TOWNHOM3BR,2BA$1.54
Buckingham Square2 bedroom 2 bath 2nd floor w/ W/D2BR,2BA$1.60
ONE11 BIRMINGHAM WEST2BR/1.0BA2BR,1BA$1.25
Sunnymede Apartments - Troy, MISolstice1BR,1BA$1.53
The Gables of TroyThe Brooks (1BR / 1BA)1BR,1BA$1.29
Somerset ParkDorchester1BR,1BA$1.66
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1.61
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1.48

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

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 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 $935 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 $1,060 at The Gables of Troy.

What is the most affordable Downtown Troy Three Bedroom Apartment?

The best deal on a cheap Downtown Troy Three Bedroom Apartment rental is at Amber Creek Apartments and starts from $1,575.

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.

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