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Apartments for Rent in Troy, MI

348 Rentals Available
  • 84
    Top Rated for Location
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    Modern kitchen at Three Oaks Apartments in Troy, MI Open Floor layout kitchen and dining at Three Oaks Apartments in Troy, MI
    4.5
    1 day ago

    4154 Three Oaks Boulevard, Troy, MI 48098
    Available
    1 BED $1,150+
    2 BEDS $1,300+
    Property reviews
    5/5 anjanette h. on Mar 1, 2022

    things are great

    5/5 Madeline on Jul 9, 2020

    I have nothing but great things to say about the office staff at Three Oaks Apartments. Kudos to Josh and Paige they have been nothing short of pleasant and accommodating. Paige is very professional and quite the problem solver in helping me select my future home. I just can't believe the incredible customer service here. I went in with a lot of doubt and apprehension, but she made it such a comfortable experience. I would recommend this community to everyone! I am looking forward to becoming a part of the Three Oaks Apartment community.

  • Today

    1911 Golfview Drive, Troy, MI 48084
    1 BED $1,290+
    2 BEDS $1,358+
    3 BEDS $2,150+
  • A modern kitchen with white cabinets and stainless steel appliances.
    109
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    Today

    500 Coachman Dr., Troy, MI 48083
    1 BED $965+
    2 BEDS $1,110+
  • Today

    1300 Livernois Road, Troy, MI 48083
    STUDIO $1,660+
    1 BED $1,745+
    2 BEDS $2,088+
  • Today

    The Westington 3965 Westcreek Drive, Troy, MI 48084
    STUDIO $1,300
    1 BED $1,650
    2 BEDS $1,600
  • Today

    177 Wilshire Dr, Troy, MI 48084
    STUDIO $1,375
    1 BED $1,925+
    2 BEDS $2,500+
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  • Today

    561 Kirts Blvd, Troy, MI 48084
    1 BED $1,299+
    2 BEDS $1,499+
  • Today

    2869 Troy Center Dr, Troy, MI 48084
    1 BED $1,249+
    2 BEDS $1,249+
    3 BEDS $1,749+
  • 4 days ago

    2751 Melcombe Cir, Troy, MI 48084
    1 BED $1,481+
    2 BEDS $1,752+
    3 BEDS $2,334+
  • Today

    2330 John R Rd, Troy, MI 48083
    STUDIO $1,235+
    1 BED $1,510+
    2 BEDS $1,540+
  • Today

    2151 E. Big Beaver Rd., Troy, MI 48083
    STUDIO $1,600
    1 BED $1,825+
    2 BEDS $1,985+
  • Today

    295 Kirts Blvd., Troy, MI 48084
    STUDIO $1,700
    1 BED $1,930
    2 BEDS $2,425+
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  • Today

    1089 Foxboro, Troy, MI 48083
    2 BEDS $2,000
  • Today

    3981 Westcreek Drive, Troy, MI 48084
    STUDIO $1,450+
    1 BED $1,550
  • Today

    2690 Crooks Road, Troy, MI 48084
    1 BED $2,085+
    2 BEDS $2,525+
  • Today

    3960, 3945, 3942 Westcreek Drive, Troy, MI 48084
    STUDIO Ask for Pricing
  • Today

    920 John R Road, Troy, MI 48083
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 1 day ago

    1060 Glaser Drive, Troy, MI 48085
    4 BEDS $2,750
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  • 1 day ago

    2309 Cumberland Dr, Troy, MI 48085
    5 BEDS $3,200
  • More Rentals Near Troy, MI

  • A living room with a grey rug and a white sofa.
    33
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    2400 Parmenter Rd., Royal Oak, MI 48073
    1 BED $1,300+
    2 BEDS $1,680
    3 BEDS Ask for Pricing
  • Today

    1050 N Adams Rd, Birmingham, MI 48009
    1 BED $1,250
  • Today

    1997 Villa, Birmingham, MI 48009
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    1712 Midtown Circle, Royal Oak, MI 48073
    1 BED $1,900+
    2 BEDS $2,200+
    3 BEDS $2,492+
  • Today

    2800 Overlook Drive, Rochester Hills, MI 48307
    1 BED $1,139+
    2 BEDS $1,341+
  • Today

    32000 Concord Drive, Madison Heights, MI 48071
    1 BED $930+
    2 BEDS $1,195+
19-6-city
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Troy, MI rent trends

Rental prices in Troy, MI have increased by 2.43% over the past year. The average rent moved from $1,557 to $1,594.

Average rent in Troy, MI

$1,594/mo Troy, MI average rental price, September 2025
Image Average Rent

The average monthly rent of apartments in Troy, MI is $1,594.

    What's the typical rent budget in Troy, MI?

    About 7% of apartment rents in Troy, MI range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 3% of apartments. Around 49% of Troy’s apartments are in the $1,501-$2,000 price range. 42% of apartments are priced between $1,001-$1,500.

    The largest share of rentals in Troy, MI (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Troy, MI

    25 /100
    Car-Dependent
    33 /100
    Somewhat Bikeable
    Walk Score®: 25, Bike Score®: 33

    Frequently asked questions

    When were prices and availability in Troy, MI last updated?

    Prices and availability in Troy, MI were last updated on 18 Nov 2025.

    What are the best apartments in Troy, MI?

    The best apartments in Troy, MI are: Three Oaks Apartments, Somerset Park, The Gables of Troy, Uptown Square Apartments and The Westington.

    What is the average rent in Troy, MI?

    The average rent in Troy, MI is $1,548.

    What is the price range for a studio apartment in Troy, MI?

    The price range for a studio apartment in Troy, MI is between $1,375 and $2,450.

    What is the price range for a 1-bedroom apartment in Troy, MI?

    The price range for a 1-bedroom apartment in Troy, MI is between $985 and $2,833.

    What is the price range for a 2-bedroom apartment in Troy, MI?

    The price range for a 2-bedroom apartment in Troy, MI is between $1,110 and $3,972.

    What is the price range for a 3-bedroom apartment in Troy, MI?

    The price range for a 3-bedroom apartment in Troy, MI is between $1,600 and $4,370.

    What type of rental buildings are in Troy, MI?

    In Troy 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 16% of Troy’s apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.

    What do typical apartment communities look like in Troy, MI?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Troy are about 49 years old, on average. Of these, 10% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 88% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and 10% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Troy, MI?

    Rental apartments in Troy come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Troy. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Living in Troy, MI

    Just 24 miles from Detroit is the suburb of Troy, MI. It’s considered a business and retail destination for this part of the Midwest with the largest mall in Michigan, as well as restaurants and entertainment options for renters who live here. Many young families love this part of the state because the public school system run by the Troy School District is so highly rated. Renters also have a commute of less than half an hour into downtown Detroit, which is another perk of renting in this nice suburb. The parks in the area that renters frequent include Boulan Park; Raintree Park; and Jaycee Park, which has a walking trail and a playground for kids. Troy is a tight-knit community, and renters here enjoy a vibrant area with friendly people.

    Renting in Troy, MI

    About one-quarter of the population rents their homes in Troy. There are many nice, modern rental apartments in the area that offer great amenities, like pools, fitness centers, club houses and walking trails for pets. Most rental apartments in Troy are pet-friendly and have anywhere from one to four bedrooms. Townhomes and larger, family-style rental apartments are also popular in this area. There are also many amenities near rental apartments in town. As such, many renters can walk to some of these stores for daily errands, especially near the downtown area of Troy. Restaurants and coffee shops are also plentiful in this area, as well.

    Things for renting

    Shopping in Troy, MI

    Shopping is a big business in Troy. In fact, there are two malls within the city limits and both are conveniently located near many rental homes. One of those malls is Oakland Mall, which has more than 100 stores, including JCPenney and Dick’s Sporting Goods. Many renters can spend a full day here enjoying everything this busy mall has to offer. Another mall in the area is more upscale with luxury choices and designer goods: The Somerset Mall has more than 160 stores, with anchors like Nordstrom, Macy’s, Neiman Marcus and Saks Fifth Avenue. As far as grocery shopping around the area, the choices for renters are multiple Kroger’s and Hollywood Markets, which have organic and specialty items.

    Transportation in Troy, MI

    Interstate 75 cuts right through the middle of Troy, thereby making it easy for renters to get in and out of town quickly from their rental apartments for work or pleasure. Alternatively, because Troy is so close to Detroit, many commuters who rent take public transportation to get into downtown Detroit. The public transportation is run by a SMART bus system with a fixed route around town and connections to Detroit, including stops near rental apartments. Finally, for air travel, the Detroit Metropolitan Wayne County Airport is the one that renters use. It’s only about half an hour away.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Troy, MI. Easily search through a wide selection of apartments for rent in Troy, MI, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Troy, MI apartments with rents starting from $1,375 and submit your rental application today!

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