2546 Livernois Rd
TroyMI48083
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, MI from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.
4830 Briarwood Ave
Royal OakMI48073
1820 Axtell Dr
TroyMI48084
1924 Axtell Dr, Unit #5
1924 Axtell Dr
TroyMI48084
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1840 Axtell Dr, Unit 4
1840 Axtell Dr
TroyMI48084
25 E Elmwood Ave
ClawsonMI48017
335 N Eton St
BirminghamMI48009
2354 W 14 Mile Rd
Royal OakMI48073
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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 | $2,284 | $995 | $5,500 |
| Downtown Troy 3 Bedroom Homes for Rent | $2,833 | $2,200 | $5,000 |
| Downtown Troy 4 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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'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 |
Best Value Apartments for Rent in Downtown Troy, MI
As of May 25, 2025 the best value apartment in the Downtown Troy area is the $1.80 price per square foot Radnor Model at 516 North Main Apartments in the in the Osborne neighborhood starting from $2,299. The second greatest value Downtown Troy apartment is the 2BR/1.0BA Model at ONE11 COLLECTION - BIRMINGHAM WEST starting at $1,790 with a $1.79 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 516 North Main Apartments | Radnor | 2BR,2BA | $1.80 |
| ONE11 COLLECTION - BIRMINGHAM WEST | 2BR/1.0BA | 2BR,1BA | $1.79 |
| Sunnymede Apartments - Troy, MI | Solstice | 1BR,1BA | $1.53 |
| The Alcove Troy | A1 - 1 Bedroom Plus Loft | 1BR,2BA | $1.72 |
| Buckingham Square Apts and TH | 1x1 800 | 1BR,1BA | $1.63 |
| The Gables of Troy | The Quinn 1 bed 1 bath | 1BR,1BA | $1.54 |
| Maple Road Townes | 2BR/1BA | 2BR,1BA | $1.74 |
| Three Oaks Apartments | 1 Bdrm 1 Bath | 1BR,1BA | $1.66 |
| Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1.57 |
| 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 77 Apartments for Rent in Downtown Troy, MI with pricing that ranges from $875 to $4,844. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $995 to $5,500.
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 $995 to $5,500 with an average monthly rent of $2,433.
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 $4,844, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,300 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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.