
Cheap Apartments for Rent in the The Smart Zone Neighborhood of Troy, MI from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Smart Zone area of Troy.


The Alcove Troy

Canterbury Square

Amber Studios and Lofts

Amber Town Center Townhomes & Lofts

Charter Square

Total Monthly Price
The Gables of Troy

Cornerstone at Troy Apartments
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.

The Phoenix at Troy Crossing Apartments

Uptown Square Apartments

Forum Flats

920 On the Park

Trojan Manor Apartments

Troy Villa

1014 Kelley St

1130 Birchwood Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

33 Kirk Ln

Lexington Village

President Madison Apartments

Sterling Troy Apartments

Sterling Heights Apartments

The Landings of Madison Heights

Amber Abodements

Elliott Park Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Oakland Mall Apartments

Elmwood Manor Apartments

Total Monthly Price
Laurel Valley Apartments

The Tremont

516 North Main Apartments

The Clawsonian

14 Mile Apartments

102 Nakota St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Furnished Studio-Detroit - Madison Heights

Clawson Manor Co-op

Elmwood Oaks

Elmwood Apartments

Regency Apartments

540 W 14 Mile Rd

4200 S Rochester Rd, Unit 106

510 N Rochester Rd
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.

Amber's Maple Apartments

36311 Park Pl Dr

100 S Custer Ave
The Smart Zone, Troy, MI Local Guide

How much does it cost to rent an apartment in The Smart Zone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Smart Zone Studio Apartments | $1,524 | $1,145 | $2,056 |
| The Smart Zone 1 Bedroom Apartments | $1,492 | $960 | $2,400 |
| The Smart Zone 2 Bedroom Apartments | $1,808 | $1,023 | $3,299 |
| The Smart Zone 3 Bedroom Apartments | $2,539 | $1,990 | $3,915 |
| The Smart Zone 4 Bedroom Apartments | $4,275 | $4,275 | $4,275 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the The Smart Zone Neighborhood of Troy, MI.
See all Apartments in TroyExplore Troy
The Smart Zone, Troy, MI Local Guide
- Nearby Troy neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Smart Zone Apartments for Rent
 The cheapest available apartment rental in the The Smart Zone area of Detroit, MI is a 1 Bed unit found at President Madison Apartments priced from $963. Troy Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,023. Here are the most affordable The Smart Zone apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| President Madison Apartments | Princeton | 1BR,1BA | $963 |
| Troy Village Apartments | Cozy Ranch-Style Living with Patio, Trash Inclu... | 2BR,1BA | $1,023 |
| Sterling Troy Apartments | 1 BD Private Entry | 1BR,1BA | $1,065 |
| Sterling Heights Apartments | 2x1 | 2BR,1BA | $1,100 |
| Amber Abodements | Studios | Studio,1BA | $1,145 |
| Amber Studios and Lofts | Studio | Studio,1BA | $1,145 |
| Lexington Village | Emerson | 2BR,1BA | $1,195 |
| Amber Town Center Townhomes & Lofts | Studio | Studio,1BA | $1,205 |
| Charter Square | 1 BEDROOM 1 BATH | 1BR,1BA | $1,210 |
| Elmwood Manor Apartments | One Bedroom | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in The Smart Zone, MI
As of July 30, 2026 the best value apartment in the The Smart Zone area is the $0.92 price per square foot 2x1 Model at Sterling Heights Apartments in the in the Warren Con neighborhood starting from $1,100. The second greatest value The Smart Zone apartment is the 2 BED 1.5 BATH LARGE Model at Charter Square starting at $1,535 with a $1.65 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for The Smart Zone apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sterling Heights Apartments | 2x1 | 2BR,1BA | $0.92 |
| Charter Square | 2 BED 1.5 BATH LARGE | 2BR,1.5BA | $1.65 |
| The Tremont | The Pointe | 2BR,2BA | $1.68 |
| Sterling Troy Apartments | 2 Bedroom Renovated | 2BR,1BA | $1.85 |
| President Madison Apartments | Princeton | 1BR,1BA | $1.17 |
| Lexington Village | Emerson | 2BR,1BA | $1.49 |
| Cornerstone at Troy Apartments | A | 1BR,1BA | $1.93 |
| The Gables of Troy | The Brooks (1BR / 1BA) | 1BR,1BA | $1.70 |
| Elmwood Manor Apartments | One Bedroom | 1BR,1BA | $1.75 |
| Troy Village Apartments | Cozy Ranch-Style Living with Patio, Trash Inclu... | 2BR,1BA | $1.71 |
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 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.
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.
Pet Friendly LifestyleThe Smart Zone, Troy, MI
Ranked #5
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for North Detroit, MI. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap The Smart Zone Apartments
What is the Cheapest Studio apartment in The Smart Zone?
Currently the most affordable Cheap Studio Apartment in The Smart Zone is at Amber Abodements listed at $1,145.
How much is rent for a Cheap One Bedroom The Smart Zone Apartment?
The lowest price for a Cheap One Bedroom The Smart Zone Apartment is $963 at President Madison Apartments.
What is the lowest price for a Cheap Two Bedroom The Smart Zone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Smart Zone is starting from $1,023 at Troy Village Apartments.
What is the most affordable The Smart Zone Three Bedroom Apartment?
The best deal on a cheap The Smart Zone Three Bedroom Apartment rental is at Amber Town Center Townhomes & Lofts and starts from $2,225.
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

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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.

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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.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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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.

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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.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.