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


Furnished Studio-Detroit - Madison Heights

487 N Eton St, Unit B 6

4473 Buchanan Ave

1205 E 14 Mile Rd

1245 Derby Rd

2445 Torquay Ave

29264 Tessmer Ct

156 N Worth St

2420 Parmenter Blvd

29270 Tessmer Ct

34 Cross St

475 S Adams Rd, Unit 22

1707 E 14 Mile Rd, Unit B

3220 Shenandoah Dr

2817 W 13 Mile Rd

3206 Shenandoah Dr

910 Chestnut Hill Dr

250 E Thirteen Mile Rd

2808 W 13 Mile Rd

3244 Melvin Ave

510 Montrose Ave, Unit 6

2628 Galpin 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
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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.