Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (44 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
$1,240 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $1,684
Total Monthly Price
$1,240 - $1,684
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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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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Maple Road Townes
Rent Specials
$1,585
Total Monthly Price

Total Monthly Price

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

Maple Road Townes

1802-1898 E Maple RdBirmingham, MI 48009
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 437 N Eton St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1.5 Bath Condo for Rent

Available Jul 17

437 N Eton St, Unit 403

437 N Eton St
BirminghamMI48009

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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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

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.

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ONE11 BIRMINGHAM WEST
1 to 3 Bedroom Apartments

ONE11 BIRMINGHAM WEST

2101 E Maple RdBirmingham, MI 48009
Corporate Housing
Showing Results 1-44, 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 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
Troy Village ApartmentsCozy Ranch-Style Living with Patio, Trash Inclu...2BR,1BA$1,023
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1,060
Amber Studios and LoftsStudioStudio,1BA$1,145
Charter Square1 BEDROOM 1 BATH1BR,1BA$1,180
Amber Town Center Townhomes & LoftsStudioStudio,1BA$1,205
Elmwood Manor ApartmentsOne Bedroom1BR,1BA$1,225

Best Value Apartments for Rent in Downtown Troy, MI

As of July 15, 2026 the best value apartment in the Downtown Troy area is the $1.67 price per square foot Clarendon Model at Somerset Park in the in the Troy neighborhood starting from $2,249. The second greatest value Downtown Troy apartment is the 2 BED, 1.5 BATH TOWNHOUSE Model at The Cloisters Townhouses starting at $1,750 with a $1.52 price per square foot in the Clawson 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.
Somerset ParkClarendon3BR,2BA$1.67
The Cloisters Townhouses2 BED, 1.5 BATH TOWNHOUSE2BR,1.5BA$1.52
Buckingham Square2 bedroom 2 bath 1st floor2BR,2BA$1.55
ONE11 BIRMINGHAM WEST2BR/1.0BA2BR,1BA$1.70
Three Oaks Apartments1BD1BR,1BA$1.57
Sunnymede Apartments - Troy, MISolstice With Washer/Dryer1BR,1BA$1.65
The Gables of TroyThe Brooks (1BR / 1BA)1BR,1BA$1.67
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1.61
5093 Mansfield Ave, Unit 5093 Mansfield5093 Mansfield Ave1BR,1BA$1.53
Troy Village ApartmentsCozy Ranch-Style Living with Patio, Trash Inclu...2BR,1BA$1.71

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 $1,023 at Troy Village Apartments.

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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