100 Best Apartments in Troy, MI (with reviews)

Q: What are the best apartments in Troy, MI?

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

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Average rent in Troy, MI

$1,509/mo Troy, MI average rental price, September 2022

The average monthly rent of apartments in Troy, MI is $1,509.

Troy, MI apartment rent ranges

About 39% of apartment rents in Troy, MI range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 5% of apartments. Around 53% of Troy’s apartments are in the $1,001-$1,500 price range. 3% of apartments are priced between $701-$1,000.

Troy, MI rent trends

Check out the average rent prices in Troy by neighborhood.

Compared to the national average rent of $1,706, the average rent in Troy, MI is $1,509.

Frequently asked questions

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

Prices and availability in Troy, MI were last updated on 2 Oct 2022.

What are the best apartments in Troy, MI?

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

What is the average rent in Troy, MI?

The average rent in Troy, MI is $1,509. Start your search for apartments in Troy, MI now.

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

The price range for a studio apartment in Troy, MI is between $1,450 and $1,812. View all studio apartments in Troy, MI.

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 $881 and $2,446. Browse all available 1-bedroom apartments in Troy, MI now.

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 $314 and $3,678. Browse and find a 2-bedroom apartment in Troy, MI.

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 $1,649 and $3,760. Browse all available 3-bedroom apartments in Troy, MI.

What type of rental buildings are in Troy, MI?

In Troy, 26% of the residents are renting compared to 74% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of Troy’s rentals, 69% are small-scale complexes with under 50 units, and 16% are single-family rentals.

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

The average age of rental buildings in Troy is 49 years old, with 5% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 87% are garden-style apartment communities, 13% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Troy, MI?

Rental apartments in Troy come in a range of sizes and floorplans. Studio apartments represent 0.4% 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 43% of the total apartments in the city, while 2-bedroom floorplans represent around 49% 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.

Troy, MI demographics

84,051Total Population
41,218 Female

42,833 Male
42.1Median Age

Troy, MI has a population of 84,051 according to the most recent data from the U.S. Census Bureau. 41,218 of Troy’s residents are women and 42,833 are men. The median age of those who live in Troy, MI is 42.1.

Troy, MI households

22,636 Family

9,024 Non-family
10,119 Children

21,541 No Children

31,660Total Number of Households
2.64Average People Per Household
$104,132Median Household Income

According to U.S. Census data, there are 31,660 households in Troy, MI. 22,636 are family households and 9,024 are non-family households. There are 10,119 households with children in Troy and 21,541 households without children. On average, about 2.64 people live in a household in Troy, MI.

Troy, MI education statistics

The level of education of the population of Troy, MI is as follows: 2% have no high school education, 16% completed some high school, 18% partially completed college, 6% have an Associate Degree, 32% have a Bachelor Degree, and 26% have a Graduate Degree.

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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 $850 and submit your rental application today!

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Apartments for Rent in Troy, MI 153 Rentals Available

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