510 Montrose Ave, Unit 6
510 Montrose Ave
Royal OakMI48073
Cheap Homes for Rent in Troy, MI from $900 (48 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.
1820 Axtell Dr
TroyMI48084
250 E Thirteen Mile Rd
Madison HeightsMI48071
910 Chestnut Hill Dr
Auburn HillsMI48326
954 Bloomfield Village Blvd
Auburn HillsMI48326
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$1,1501 Bedroom Apartments Available Now
1851 W 13 Mile Rd
1851 W 13 Mile RdMadison Heights, MI 48071
3206 Shenandoah Dr
Royal OakMI48073
3244 Melvin Ave
Rochester HillsMI48307
203 Gladwin Ave
ClawsonMI48017
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.
2817 W 13 Mile Rd
Royal OakMI48073
3220 Shenandoah Dr
Royal OakMI48073
1860 Axtell Dr
TroyMI48084
2392 W Auburn Rd
Rochester HillsMI48309
1707 E 14 Mile Rd, Unit B
1707 E 14 Mile Rd
BirminghamMI48009
1709 E 14 Mile Rd, Unit A
1709 E 14 Mile Rd
BirminghamMI48009
475 S Adams Rd, Unit 22
475 S Adams Rd
BirminghamMI48009
2020 Marmoor Dr
Shelby TownshipMI48317
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$1,3851 Bedroom Apartments Available Apr 18
515 N Washington Ave
515 N Washington AveClawson, MI 48017
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.
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$1,3951 Bedroom Apartments Available Now
34 Cross St
34 Cross StAuburn Hills, MI 48326
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$1,3951 Bedroom Apartments Available Now
34 Cross St
34 Cross StAuburn Hills, MI 48326
29270 Tessmer Ct
Madison HeightsMI48071
2012 Orchard Crest St
Shelby TownshipMI48317
2400 Parmenter Blvd, Unit A 202
2400 Parmenter Blvd
Royal OakMI48073
2420 Parmenter Blvd
Royal OakMI48073
156 N Worth St
BirminghamMI48009
151 Whippoorwill Ln
Rochester HillsMI48309
2445 Torquay Ave
Royal OakMI48073
The Detroit Insiders Renting Guide: A Local's Look Under the Hood
Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.
1245 Derby Rd
BirminghamMI48009
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$1,559Studio Apartments Contact Us For Availability
Furnished Studio-Detroit - Madison Heights
32690 Stephenson HwyMadison Heights, MI 48071
487 N Eton St, Unit B 6
487 N Eton St
BirminghamMI48009
4473 Buchanan Ave
WarrenMI48092
2714 Glenview Ave
Royal OakMI48073
1641 Fairview Ave
Royal OakMI48073
1129 Kirts Blvd
TroyMI48084
220 S Manitou Ave
ClawsonMI48017
655 N Eton St
BirminghamMI48009
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.
1465 E 14 Mile Rd
BirminghamMI48009
36311 Park Pl Dr
Sterling HeightsMI48310
1014 Kelley St
TroyMI48083
2725 E Maple Rd
BirminghamMI48009
233 Essex St
ClawsonMI48017
5089 Buckingham Pl Dr
TroyMI48098
1780 E Thirteen Mile Rd
Madison HeightsMI48071
1152 Faulkner
TroyMI48083
40 Regents Blvd
TroyMI48084
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.
2923 Arden Dr
WarrenMI48092
2445 Torquay Ave
Royal OakMI48073
1152 Faulkner
TroyMI48083
Showing Results 1-48, Page 1 of 1
Troy, MI Local Guide
How much does it cost to rent a home in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy 2 Bedroom Homes for Rent | $2,292 | $1,245 | $6,500 |
| Troy 3 Bedroom Homes for Rent | $2,755 | $1,369 | $9,200 |
| Troy 4 Bedroom Homes for Rent | $4,086 | $2,450 | $10,000+ |
| Troy 5 Bedroom Homes for Rent | $12,066 | $4,300 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Troy
Explore Troy
Troy, MI Local Guide
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Troy Apartments for Rent
The cheapest available apartment rental in Troy, MI is a Studio unit found at Amber Apartments in the Nordwood Estates neighborhood priced from $815. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Apartments | Athens- Amber Park | Studio,1BA | $815 |
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
| Devon Park Apartments | 1 Bedroom 750 Sq Ft | 1BR,1BA | $900 |
| Bloomfield Orchard | One Bedroom | 1BR,1BA | $900 |
| Lexington Village | Revere | 1BR,1BA | $925 |
| Amber's Timber Lodges | Studio | Studio,1BA | $925 |
| President Madison Apartments | Princeton | 1BR,1BA | $933 |
| Charles Hamlet | One Bedroom | 1BR,1BA | $950 |
| Altitude Apartments East | Altitude Apartments - One Bedroom (Renovated) *... | 1BR,1BA | $950 |
| amber's Broadacre Apartments | Studio | Studio,1BA | $955 |
Best Value Apartments for Rent in Troy, MI
As of March 10, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Amber Oak Townhomes | 2 bedroom + den + 2 1/2 bath townhome | 2BR,2.5BA | $1.23 |
| Ashford Apartments | Arlington II | 2BR,2BA | $1.34 |
| Westbury Village Townhomes | The Dover (3BR / 2.5BA) | 3BR,2.5BA | $1.28 |
| Courtview Garden Apartments | 1 Bedroom/1.5 Bath | 1BR,1.5BA | $1.14 |
| Bloomfield Square Apartments - Auburn Hills, MI | 2 Bedroom, 1.5 Bathroom - Classic | 2BR,1.5BA | $1.27 |
| Charles Hamlet | Two Bedroom | 2BR,2BA | $1.20 |
| Parkview Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Oakwood Villa Apartments | 2 Bedroom | 2BR,1BA | $1.35 |
| The Gables of Troy | The Quinn (1BR / 1BA) | 1BR,1BA | $1.31 |
| Devon Park Apartments | 1 Bedroom 750 Sq Ft | 1BR,1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleThe Best Detroit Area Neighborhoods for Off-Campus Housing Renters
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Troy, MIPopulation: 84,272
Ranked #406
in US Census Population by City
Pet Friendly LifestyleTroy, MI
Ranked #5
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, MI Rentals by Map
See the most popular apartments and homes in Troy, MI
Frequently Asked Questions about Troy
What type of rentals are currently available in Troy?
There are currently 350 Apartments for Rent in Troy, MI with pricing that ranges from $829 to $13,000. There are also 155 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $980 to $25,000.
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 $980 to $25,000 with an average monthly rent of $4,536.
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 $1,360 to $13,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,369 to $9,200. Four Bedroom Single-Family rentals are also available starting from $2,450 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.
Helpful Local Expert Guides
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 Best Detroit Area Neighborhoods for Off-Campus Housing Renters
Written by: Tim Brown
Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.
The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
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 and have witnessed the city and its surrounding metro area undergo a renaissance.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.