
Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, MI from $300 (23 Rentals)
Cheap Apartments in the Downtown Troy area of Troy.


The Alcove Troy

Amber Town Center Townhomes & Lofts

Amber Studios and Lofts

Three Oaks Apartments

1924 Axtell Dr, Unit #5

2546 Livernois Rd
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1820 Axtell Dr

Amber's Timber Lodges

amber's Broadacre Apartments

Maple Road Townes

Woodland Gardens
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Downtown Troy, Troy, MI Local Guide

How much does it cost to rent an apartment in Downtown Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Troy Studio Apartments | $1,307 | $875 | $2,044 |
Downtown Troy 1 Bedroom Apartments | $1,690 | $1,025 | $3,175 |
Downtown Troy 2 Bedroom Apartments | $2,007 | $1,145 | $4,615 |
Downtown Troy 3 Bedroom Apartments | $2,688 | $1,575 | $4,863 |
Downtown Troy 4 Bedroom Apartments | $4,150 | $4,150 | $4,150 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, MI.
See all Apartments in TroyExplore Troy
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Amber's Timber Lodges | Studio | Studio,1BA | $875 |
Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
amber's Broadacre Apartments | Studio | Studio,1BA | $945 |
The Alcove Troy | S1 | Studio,1BA | $995 |
Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1,005 |
Best Value Apartments for Rent in Downtown Troy, MI
As of May 02, 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 Radnor Model at 516 North Main Apartments starting at $2,299 with a $1.80 price per square foot in the Osborne neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Briggs Park of Troy | Abbott II | 4BR,3BA | $1.54 |
516 North Main Apartments | Radnor | 2BR,2BA | $1.80 |
Charter Square | 3 BED 1.5 BATH TOWNH | 3BR,1.5BA | $1.68 |
ONE11 COLLECTION - BIRMINGHAM WEST | 2BR/1.0BA | 2BR,1BA | $1.79 |
Sunnymede Apartments - Troy, MI | Solstice | 1BR,1BA | $1.70 |
Maple Road Townes | 2BR/1BA | 2BR,1BA | $1.74 |
Buckingham Square Apts and TH | 1x1 800 | 1BR,1BA | $1.63 |
The Gables of Troy | The Brooks 1 bed 1 bath | 1BR,1BA | $1.65 |
Three Oaks Apartments | 1 Bdrm 1 Bath | 1BR,1BA | $1.66 |
Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1.56 |
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 $1,005 at Woodland Gardens.
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 $1,145 at amber's Broadacre 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
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.

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.