
Homes for Rent in Troy, MI Under $5,000 (123 Rentals) Page 2 of 3


1115 N Old Woodward Ave

1888 Webster St

1154 Bluebird Dr

677 E Lincoln St

2626 Windemere Rd

2268 Serra Dr

39024 Faith Dr

37147 Evergreen Dr

444 Chester St
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

411 S Old Woodward Ave

39725 Crystal Dr

3134 Harvard Rd

1043 N Old Woodward Ave

3426 Primary St

4217 Crooks Rd

3221 Shenandoah Dr

424 W La Salle Ave

3342 Prairie Ave

1311 Ottawa Ave

1440 W Elmwood Ave

885 N Old Woodward Ave

3203 Woodland Ave

908 Bauman Ave

1259 Humphrey Ave

1724 Graefield Rd

1972 Ridge Ct

Furnished Studio-Detroit - Rochester Hills

2519 Westmont Cir

3602 Ravena Ave

2405 Pembroke Rd

34639 Richard O Dr

2251 Crystal Dr

877 Henrietta St

3800 Elmhurst Ave

1749 E Maple Rd

1621 Whitcomb Ave

4289 Berkshire Dr

3240 Melvin Ave

3848 Cherry Creek Ln

1859 Wickham St

3738 Edgar Ave

911 North Adams Rd.

2445 Torquay Ave

1780 E Thirteen Mile Rd

721 N Eton St

2346 London Bridge Dr

1465 E 14 Mile Rd

36311 Park Pl Dr

2714 Glenview Ave
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 | $2,296 | $1,250 | $6,500 |
| Troy 3 Bedroom Homes for Rent | $2,737 | $1,650 | $6,500 |
| Troy 4 Bedroom Homes for Rent | $3,920 | $2,100 | $10,000+ |
| Troy 5 Bedroom Homes for Rent | $12,066 | $4,300 | $10,000+ |
Browse Top Homes for Rent in Troy
Explore Troy
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 $817 to $13,000. There are also 128 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 $4,486.
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 $1,650 to $6,500. 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.
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.

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.
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.