Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (26 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
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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 LodgesStudioStudio,1BA$925
amber's Broadacre ApartmentsStudioStudio,1BA$955
The Gables of TroyThe Quinn (1BR / 1BA)1BR,1BA$1,015
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1,060
Amber Studios and LoftsStudioStudio,1BA$1,145
Ranch Apartment Homes in Great Troy Location2B/1B2BR,1BA$1,150
Charter Square1 BEDROOM 1 BATH1BR,1BA$1,175
Amber Town Center Townhomes & LoftsStudioStudio,1BA$1,205
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1,245

Best Value Apartments for Rent in Downtown Troy, MI

As of January 31, 2026 the best value apartment in the Downtown Troy area is the $1.69 price per square foot HW-Marlowe Model at The Westington in the in the Downtown Troy neighborhood starting from $2,150. 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.
The WestingtonHW-Marlowe2BR,2BA$1.69
Courtview Garden Apartments1-Bedroom1BR,1.5BA$1.14
Regents Club of TroyA11BR,1BA$1.70
ONE11 BIRMINGHAM WEST2BR/1.0BA2BR,1BA$1.65
Sunnymede Apartments - Troy, MISolstice1BR,1BA$1.53
Buckingham Square1 Bedroom Patio/Balcony or W/D1BR,1BA$1.70
The Gables of TroyThe Quinn (1BR / 1BA)1BR,1BA$1.27
Medford Place Apartments1 Bed, 1 bath1BR,1BA$1.61
Charter Square1 BEDROOM 1 BATH1BR,1BA$1.63
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$1.64

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 $1,015 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 $1,085 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 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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