Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (42 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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The Gables of Troy
Rent Specials
$1,040 - $1,579
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,579

Total Monthly Price
$1,040 - $1,579
1 to 2 Bedroom Apartments Available Now

The Gables of Troy

500 Coachman DrTroy, MI 48083
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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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 Jun 1

1840 Axtell Dr, Unit 1

1840 Axtell Dr
TroyMI48084

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property at 2425 Torquay Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

2425 Torquay Ave, Unit 108

2425 Torquay Ave
Royal OakMI48073

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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
  • Utilities Included
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Elmwood Apartments
1 Bedroom Apartments

Elmwood Apartments

328-348 Elmwood DrClawson, MI 48017
  • Utilities Included
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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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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 Creek Apartments priced from $895. Amber's Timber Lodges has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Downtown Troy apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Amber Creek ApartmentsStudio (Tahoe/Ventura)Studio,1BA$895
Amber's Timber LodgesMini FlatsStudio,1BA$925
amber's Broadacre ApartmentsStudioStudio,1BA$955
The Gables of TroyThe Quinn (1BR / 1BA)1BR,1BA$1,040
Elliott Park ApartmentsThe Roslyn1BR,1BA$1,115
Ranch Apartment Homes in Great Troy Location2B/1B2BR,1BA$1,125
Amber Studios and LoftsStudioStudio,1BA$1,145
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1,150
Charter Square1 BEDROOM 1 BATH1BR,1BA$1,195
Amber Town Center Townhomes & LoftsStudioStudio,1BA$1,205

Best Value Apartments for Rent in Downtown Troy, MI

As of May 31, 2026 the best value apartment in the Downtown Troy area is the $1.42 price per square foot 2 Bed Model at The Cloisters Townhouses in the in the Nordwood Estates neighborhood starting from $1,850. The second greatest value Downtown Troy apartment is the Lancaster II Model at Somerset Park starting at $1,718 with a $1.62 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.
The Cloisters Townhouses2 Bed2BR,1.5BA$1.42
Somerset ParkLancaster II2BR,2BA$1.62
Buckingham Square2 bedroom 2 bath 2nd floor w/ W/D2BR,2BA$1.60
Sunnymede Apartments - Troy, MISolstice With Washer/Dryer1BR,1BA$1.65
The Alcove TroyLoft Plus1BR,2BA$1.78
The Gables of TroyThe Quinn (1BR / 1BA)1BR,1BA$1.30
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1.61
Maplecrest Apartments - Birmingham Apartments1BR/1.0BA1BR,1BA$1.76
Elmwood Manor ApartmentsOne Bedroom1BR,1BA$1.75
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1.78

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 Creek Apartments listed at $895.

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

The lowest price for a Cheap One Bedroom Downtown Troy Apartment is $1,025 at Amber's Timber Lodges.

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 $1,125 at Ranch Apartment Homes in Great Troy Location.

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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