Cheap Apartments for Rent in the The Smart Zone Neighborhood of Troy, MI from $300 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Smart Zone area of Troy.

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920 On the Park
1 to 2 Bedroom Apartments

920 On the Park

920 John R RdTroy, MI 48083
Senior Living
  • Utilities Included

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.

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Clawson Manor Co-op
Studio to 1 Bedroom Apartments

Clawson Manor Co-op

255 W 14 Mile RdClawson, MI 48017
Senior Living
  • Utilities Included

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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Sterling Heights
Studio to 2 Bedroom Apartments

Sterling Heights

2195 E 14 Mile RdSterling Heights, MI 48310
  • Utilities Included
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Elmwood Oaks
1 Bedroom Apartments

Elmwood Oaks

590-610 E Elmwood AveClawson, MI 48017
  • Utilities Included
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Elmwood Apartments
1 Bedroom Apartments

Elmwood Apartments

328-348 Elmwood DrClawson, MI 48017
  • Utilities Included
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Regency Apartments
1 to 2 Bedroom Apartments

Regency Apartments

4190 Rochester RdRoyal Oak, MI 48073
  • Utilities Included
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540 W 14 Mile Rd
1 Bedroom Apartments

540 W 14 Mile Rd

540 W 14 Mile RdClawson, MI 48017
  • Utilities Included

Cash 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.

The Smart Zone, Troy, MI Local Guide

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 $827. The Gables of Troy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable The Smart Zone apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
President Madison ApartmentsPrinceton1BR,1BA$827
The Gables of TroyThe Quinn 1 bed 1 bath1BR,1BA$915
Lexington VillageRevere1BR,1BA$930
Canterbury Square1 BEDROOM 1 BATH1BR,1BA$965
Oakland Mall ApartmentsLaurel1BR,1BA$975

Best Value Apartments for Rent in The Smart Zone, MI

As of October 27, 2025 the best value apartment in the The Smart Zone area is the $1.61 price per square foot The Beale Model at The Tremont in the in the Mystic Forest at the Park neighborhood starting from $1,500. The second greatest value The Smart Zone apartment is the Elbridge Model at President Madison Apartments starting at $1,175 with a $1.37 price per square foot in the Mystic Forest at the Park neighborhood. Here is today’s list of the best values for The Smart Zone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The TremontThe Beale2BR,2BA$1.61
President Madison ApartmentsElbridge2BR,1BA$1.37
Charter Square1 BEDROOM 1 BATH1BR,1BA$1.40
Cornerstone at Troy ApartmentsA1BR,1BA$1.71
The Gables of TroyThe Quinn 1 bed 1 bath1BR,1BA$1.14
Oakland Mall ApartmentsLaurel1BR,1BA$1.35
Canterbury Square1 BEDROOM 1 BATH1BR,1BA$1.38
Laurel Valley ApartmentsEssex1BR,1BA$1.77
Lexington VillageRevere1BR,1BA$1.49
The Alcove TroyStudio1BR,1BA$1.84

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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.

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Quick 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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Pet Friendly Lifestyle
The Smart Zone, Troy, MI

Ranked #5

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

Getting Around the The Smart Zone Neighborhood in Troy, MI

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $827 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 $1,100 at Canterbury Square.

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 Charter Square and starts from $1,495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.