2525 E Maple Rd
BirminghamMI48009
Cheap Homes for Rent in Troy, MI from $1,000 (38 Rentals)
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$1,1001 Bedroom Apartments Available Now
1887 W 13 Mile Rd, Unit 9
1887 W 13 Mile RdMadison Heights, MI 48071
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$1,1001 Bedroom Apartments Available Now
465 Robert Ct, Unit 2
465 Robert CtAuburn Hills, MI 48326
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$1,1001 Bedroom Apartments Available Now
465 Robert Ct, Unit 3
465 Robert CtAuburn Hills, MI 48326
831 Bloomfield Village Blvd
Auburn HillsMI48326
3220 Shenandoah Dr
Royal OakMI48073
721 W Maple Rd
ClawsonMI48017
753 W Maple Rd
ClawsonMI48017
2859 E Maple Rd, Unit 20
2859 E Maple Rd
BirminghamMI48009
Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide
Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.
508 Parkdale Ave
Royal OakMI48073
2425 Torquay Ave
Royal OakMI48073
4859 Mansfield Ave
Royal OakMI48073
1715 E 14 Mile Rd, Unit A
1715 E 14 Mile Rd
BirminghamMI48009
1942 Axtell Dr
TroyMI48084
1968 Axtell Dr
TroyMI48084
29270 Tessmer Ct
Madison HeightsMI48071
3800 Normandy Rd
Royal OakMI48073
48581 Pineview Dr
Shelby TownshipMI48317
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.
48596 Leafdale Ct
Shelby TownshipMI48317
30753 Marshall St
SouthfieldMI48076
47181 Pinecrest Dr
Shelby TownshipMI48317
946 N Adams Rd, Unit 3
946 N Adams Rd
BirminghamMI48009
35300 Woodward Ave
BirminghamMI48009
55 Vermont Dr
TroyMI48083
437 N Eton St, Unit 403
437 N Eton St
BirminghamMI48009
3086 Margaret St
Auburn HillsMI48326
1682 Graefield Rd
BirminghamMI48009
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.
3722 Elmhurst Ave
Royal OakMI48073
1522 W Webster Rd
Royal OakMI48073
2111 W 14 Mile Rd
Royal OakMI48073
444 Chester St
BirminghamMI48009
444 Chester St, Unit 413
444 Chester St
BirminghamMI48009
2346 London Bridge Dr
Rochester HillsMI48307
36311 Park Pl Dr
Sterling HeightsMI48310
1014 Kelley St
TroyMI48083
1493 E 14 Mile Rd
BirminghamMI48009
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.
1031 Arthur Ave
TroyMI48083
37239 Carpathia Blvd
Sterling HeightsMI48310
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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 | $2,823 | $1,250 | $10,000+ |
| Troy 3 Bedroom Homes for Rent | $3,189 | $1,449 | $10,000+ |
| Troy 4 Bedroom Homes for Rent | $4,039 | $1,800 | $10,000+ |
| Troy 5 Bedroom Homes for Rent | $7,675 | $4,300 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Troy, MI Local Guide
- Troy Neighborhoods
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Cheapest Available Troy Apartments for Rent
The cheapest available apartment rental in Troy, MI is a Studio unit found at Amber Creek Apartments in the Troy neighborhood priced from $895. Charles Hamlet in the McGregor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
| Charles Hamlet | One Bedroom | 1BR,1BA | $925 |
| Amber's Timber Lodges | Mini Flats | Studio,1BA | $925 |
| Altitude Apartments East | 1 Bed / 1 Bath | 1BR,1BA | $950 |
| amber's Broadacre Apartments | Studio | Studio,1BA | $955 |
| Lexington Village | Revere | 1BR,1BA | $965 |
| Philamer | One Bed | 1BR,1BA | $1,000 |
| President Madison Apartments | Princeton | 1BR,1BA | $1,003 |
| Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1,025 |
| Sterling Troy Apartments | 1 Bedroom HALL ENTRY | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in Troy, MI
As of September 10, 2026 the best value apartment in the Troy area is the $1.40 price per square foot Three Bedroom Model at Amberwood Townhomes in the in the Troy neighborhood starting from $2,295. The second greatest value Troy apartment is the 2 bedroom + den + 2 1/2 bath townhome Model at Amber Oak Townhomes starting at $1,895 with a $1.23 price per square foot in the Royal Oak 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. |
|---|---|---|---|
| Amberwood Townhomes | Three Bedroom | 3BR,3.5BA | $1.40 |
| Amber Oak Townhomes | 2 bedroom + den + 2 1/2 bath townhome | 2BR,2.5BA | $1.23 |
| Ashford Apartments | Arlington II | 2BR,2BA | $1.36 |
| Sterling Heights Apartments | 2x1 | 2BR,1BA | $0.92 |
| Rochester Villas | 3 Bed | 3BR,1.5BA | $1.44 |
| Camelot Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
| Charles Hamlet | Two Bedroom | 2BR,2BA | $1.20 |
| Parkview Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Sterling Troy Apartments | 1 BD Private Entry | 1BR,1BA | $1.42 |
| Philamer | One Bed | 1BR,1BA | $1.35 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 353 Apartments for Rent in Troy, MI with pricing that ranges from $895 to $6,412. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $1,000 to $17,450.
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 $1,000 to $17,450 with an average monthly rent of $3,301.
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 $1,340 to $6,412, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,449 to $14,950. Four Bedroom Single-Family rentals are also available starting from $1,800 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
Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Written by: Tim Brown
The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.
The Detroit Insider's 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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.