2525 E Maple Rd
BirminghamMI48009
Cheap Homes for Rent in the Downtown Troy Neighborhood of Troy, MI from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.
721 W Maple Rd
ClawsonMI48017
753 W Maple Rd
ClawsonMI48017
2859 E Maple Rd, Unit 20
2859 E Maple Rd
BirminghamMI48009
2425 Torquay Ave
Royal OakMI48073
1942 Axtell Dr
TroyMI48084
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1968 Axtell Dr
TroyMI48084
437 N Eton St, Unit 403
437 N Eton St
BirminghamMI48009
55 Vermont Dr
TroyMI48083
1682 Graefield Rd
BirminghamMI48009
1014 Kelley St
TroyMI48083
323 N Eton St, Unit G
323 N Eton St
BirminghamMI48009
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.
1031 Arthur Ave
TroyMI48083
Showing Results 1-13, 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 | $1,968 | $1,250 | $3,400 |
| Downtown Troy 3 Bedroom Homes for Rent | $2,743 | $1,800 | $4,400 |
| Downtown Troy 4 Bedroom Homes for Rent | $3,249 | $2,100 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, MI.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
| Amber's Timber Lodges | Mini Flats | Studio,1BA | $925 |
| amber's Broadacre Apartments | Studio | Studio,1BA | $955 |
| Woodland Gardens | STUDIO | Studio,1BA | $1,110 |
| Amber Studios and Lofts | Studio | Studio,1BA | $1,145 |
Best Value Apartments for Rent in Downtown Troy, MI
As of September 07, 2026 the best value apartment in the Downtown Troy area is the $1.75 price per square foot Stanton Model at 516 North Main Apartments in the in the Clawson neighborhood starting from $2,226. The second greatest value Downtown Troy apartment is the Lumen Elite with Washer/Dryer Model at Sunnymede Apartments - Troy, MI starting at $1,899 with a $1.73 price per square foot in the 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. |
|---|---|---|---|
| 516 North Main Apartments | Stanton | 2BR,2BA | $1.75 |
| Sunnymede Apartments - Troy, MI | Lumen Elite with Washer/Dryer | 2BR,1.5BA | $1.73 |
| Somerset Park | Allenby | 1BR,1BA | $1.64 |
| Main St | 1 Bedroom | 1BR,1BA | $1.52 |
| Charter Square | 1 BED 1 BATH DELUXE | 1BR,1BA | $1.64 |
| The Gables of Troy | The Quinn (1BR / 1BA) | 1BR,1BA | $1.57 |
| Medford Place Apartments | 1BR/1.0BA | 1BR,1BA | $1.80 |
| 4905 Briarwood LLC | 1BR/1.0BA | 1BR,1BA | $1.71 |
| Elmwood Manor Apartments | One Bedroom | 1BR,1BA | $1.75 |
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio ,1BA | $1.81 |
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 $895 to $4,275. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $1,000 to $5,000.
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 $1,000 to $5,000 with an average monthly rent of $2,612.
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 $3,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,400. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $4,275.
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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