Cheap Homes for Rent in Troy, MI from $900 (25 Rentals)

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Troy, MI Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, MI is a Studio unit found at Amber's Timber Lodges in the Nordwood Estates neighborhood priced from $875. Amber Creek Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amber's Timber LodgesStudioStudio,1BA$875
Amber Creek ApartmentsStudio (Tahoe/Ventura)Studio,1BA$895
Woodland Gardens1 BEDROOM 1 BATH1BR,1BA$895
Devon Park Apartments1 Bedroom 750 Sq Ft1BR,1BA$900
Emerald ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Troy, MI and Nearby

As of September 06, 2025 the best value apartment in the Troy area is the $1.23 price per square foot 2 bedroom + den + 2 1/2 bath townhome Model at Amber Oak Townhomes in the in the Downtown Birmingham neighborhood starting from $1,895. The second greatest value Troy apartment is the Arlington II Model at Ashford Apartments starting at $1,950 with a $1.34 price per square foot in the McGregor neighborhood. Here is today’s list of the best values for Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber Oak Townhomes2 bedroom + den + 2 1/2 bath townhome2BR,2.5BA$1.23
Ashford ApartmentsArlington II2BR,2BA$1.34
Westbury Village TownhomesAtlantic 3 bed 2.5 bath3BR,2.5BA$1.30
Rochester Villas3 Bed3BR,1.5BA$1.20
Bloomfield VillasHackenbush2BR,2BA$1.26
Rochester House ApartmentsTwo Bedroom2BR,1BA$1.17
Oakwood Villa Apartments2 Bedroom2BR,1BA$1.35
Charles HamletOne Bedroom1BR,1BA$1.15
The Gables of TroyThe Quinn 1 bed 1 bath1BR,1BA$1.33
Devon Park Apartments1 Bedroom 750 Sq Ft1BR,1BA$1.20

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Pet Friendly Lifestyle
Troy, MI

Ranked #4

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 351 Apartments for Rent in Troy, MI with pricing that ranges from $875 to $13,000. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $995 to $8,500.

What is the current price range for Rental Homes in Troy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Troy ranges from $995 to $8,500 with an average monthly rent of $3,695.

How much are larger Three and Four Bedroom Rentals in Troy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Troy range from $1,320 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $8,500. Four Bedroom Single-Family rentals are also available starting from $1,900 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.

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