1860 Axtell Dr, Unit 8
1860 Axtell Dr
TroyMI48084
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, MI from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.
4830 Briarwood Ave
Royal OakMI48073
25 E Elmwood Ave
ClawsonMI48017
4820 Briarwood Ave, Unit 4820 Briarwood Ave Unit 4
4820 Briarwood Ave
Royal OakMI48073
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.
2655 E Maple Rd
BirminghamMI48009
1880 Axtell Dr, Unit 7
1880 Axtell Dr
TroyMI48084
2655 E Maple Rd, Unit 19
2655 E Maple Rd
BirminghamMI48009
1968 Axtell Dr, Unit 7
1968 Axtell Dr
TroyMI48084
2440 Parmenter Blvd
Royal OakMI48073
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.
2715 E Maple Rd
BirminghamMI48009
Showing Results 1-10, Page 1 of 1
Downtown Troy, Troy, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Troy 2 Bedroom Homes for Rent | $2,263 | $1,400 | $6,000 |
| Downtown Troy 3 Bedroom Homes for Rent | $2,713 | $2,000 | $8,500 |
| Downtown Troy 4 Bedroom Homes for Rent | $4,440 | $2,300 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, MI.
Explore Troy
Let everyone know!
Do you know the Downtown Troy area?
If you’re an expert on all things Downtown Troy, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 |
| Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $915 |
Best Value Apartments for Rent in Downtown Troy, MI
As of September 09, 2025 the best value apartment in the Downtown Troy area is the $1.56 price per square foot Bingham II - Phase 2 Model at Briggs Park of Troy in the in the Mystic Forest at the Park neighborhood starting from $3,500. The second greatest value Downtown Troy apartment is the 3 BED 1.5 BATH TOWNH Model at Charter Square starting at $1,635 with a $1.49 price per square foot in the Downtown Troy 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 | Bingham II - Phase 2 | 3BR,3BA | $1.56 |
| Charter Square | 3 BED 1.5 BATH TOWNH | 3BR,1.5BA | $1.49 |
| Regents Club of Troy | A1 | 1BR,1BA | $1.60 |
| 266 W 14 Mile Rd, Unit 2 | 266 W 14 Mile Rd | 2BR,1.5BA | $1.65 |
| 1890 Axtell Dr, Unit 3 | 1890 Axtell Dr | 2BR,1BA | $1.73 |
| Sunnymede Apartments - Troy, MI | Solstice | 1BR,1BA | $1.53 |
| Buckingham Square Apts and TH | 1x1 800 | 1BR,1BA | $1.66 |
| The Gables of Troy | The Quinn 1 bed 1 bath | 1BR,1BA | $1.33 |
| Three Oaks Apartments | 1B | 1BR,1BA | $1.66 |
| Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1.41 |
Frequently Asked Questions about Downtown Troy
What type of rentals are currently available in Downtown Troy?
There are currently 82 Apartments for Rent in Downtown Troy, MI with pricing that ranges from $875 to $4,150. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $1,250 to $8,500.
What is the current price range for Rental Homes in Downtown Troy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Troy ranges from $1,250 to $8,500 with an average monthly rent of $2,695.
How much are larger Three and Four Bedroom Rentals in Downtown Troy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Troy range from $1,575 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $4,150.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.