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1 Bedroom Apartments for Rent in Troy, MI - 40 Rentals available

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Troy, MI Demographics

  • Total Population83,881
  • Female 41,945
    Male 41,936
  • Median Age41.8

Average Rent in Troy, MI

  • Troy, MI Average Rental Price, May 2020 $1,268 /mo

Troy, MI Apartment Rent Ranges

  • $701-$1,00017%
  • $1,001-$1,50068%
  • $1,501-$2,00014%
  • > $2,0002%

Troy, MI Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
Troy, MI $1,208 $1,199 $1,210 $1,186 $1,192 $1,248 $1,251 $1,267 $1,276 $1,268
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Check out the average rent prices in Troy by neighborhood.

Troy, MI Households

  • Total Number of Households31,368
  • Family 22,796
    Non-family 8,572
  • Children 10,602
    No Children 20,766
  • Average People Per Household2.66
  • Median Household Income$97,048
  • Median Housing Costs Per Month$1,284

Troy, MI Education Statistics

  • No High School2%
  • Some High School18%
  • Some College19%
  • Associate Degree6%
  • Bachelor Degree29%
  • Graduate Degree26%

Renting a 1 bedroom apartment in Troy, MI

One bedroom apartments in Troy, MI are typically 908 Sqft in size and the monthly rent is $1,180, on average. With 42 apartments listed for rent, it’s best to narrow down your choices before you begin your search. If you’re only interested in cheap one bedroom apartments, you can filter your search results by setting a maximum price. If you’re looking for a one bedroom furnished apartment, you can check the box "furnished" under amenities. There are many other options and filters you can apply to your search to streamline the process and find your next apartment faster and more efficient. Is a luxury rental more your style? If you sort your search results by rent descending, you will notice that the most expensive rental in Troy, MI right now costs $1,762 per month. So many choices, so little time.

Your search for a cheap 1 bedroom apartment ends here

The city of Troy, MI is a great place to call home. Among its many great qualities, it has a variety of rental housing options. One of the most popular choices for Troy, MI's singles and couples are single bedroom apartments. They’re an upgrade from a studio in the sense that they offer more square footage, a separate bedroom, and more room to entertain. They’re also typically more expensive. But with a little diligence and some smart search tools, you can get around that problem. To find an affordable 1 bedroom, sort your search by price, ascending. The lowest priced apartment in Troy, MI right now has an asking rent of $885. One bedroom efficiency apartments are a great choice as well. Though they may be smaller than a traditional one bedroom apartment, they’re definitely cheaper and you’ll still be able to enjoy the privacy of a separate bedroom.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!