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Apartments for Rent in Troy, MI under $1600
31 Rentals Available

  • (30)
    500 Coachman Dr., Troy, MI 48083
    $1,189 - $1,429
    • 1-2 Beds
    • 1 Bath
    Kaftan Enterprises
    4 Units available Today
    (248) 689-3090
  • 1911 Golfview Drive, Troy, MI 48084
    $1,245 - $2,180
    • 1-2 Beds
    • 1 Bath
    Solomon Management LLC
    Contact for availability Today
    (248) 643-6663
  • (6)
    4154 Three Oaks Boulevard, Troy, MI 48098
    See current rent specials
    $1,125 - $1,375
    • 1-2 Beds
    • 1 Bath
    Paragon Properties Company
    Contact for availability Today
    (877) 298-4265
  • 1300 Livernois Road, Troy, MI 48083
    $1,347 - $1,794
    • Studio-1 Bed
    • 1 Bath
    Edward Rose & Sons
    1 Unit available Today
    (844) 891-5151
  • (3)
    1050 N Adams, Birmingham, MI 48009
    $1,200 - $1,300
    • 1 Bed
    • 1 Bath
    Essential Property Management LLC
    Contact for availability 1 day ago
    (248) 838-1507
  • (6)
    3807 Crooks Road, Royal Oak, MI 48073
    $919 - $929
    • Studio-2 Beds
    • 1-2 Baths
    Friedman Communities
    Contact for availability Today
    (248) 549-1000
  • (1)
    3280 Adams Rd., Auburn Hills, MI 48326
    $1,050 - $1,618
    • 1-2 Beds
    • 1 Bath
    Singh Management
    Contact for availability 1 day ago
    (248) 853-5599
  • 2400 Parmenter Rd., Royal Oak, MI 48073
    $1,265
    • 1-2 Beds
    • 1-1.5 Baths
    Kaftan Enterprises
    1 Unit available 1 day ago
    (248) 588-1486
  • 1920 Orchard Crest, Shelby Township, MI 48317
    $1,205 - $1,304
    • 1-2 Beds
    • 1-1.5 Baths
    Kaftan Enterprises
    4 Units available Today
    (586) 731-9600
  • (1)
    32600 Concord Dr., Madison Heights, MI 48071
    $985 - $1,025
    • 1-2 Beds
    • 1 Bath
    Beztak Properties
    2 Units available 1 day ago
    (833) 293-3416
  • 1997 Villa, Birmingham, MI 48009
    $1,550 - $1,810
    • 1-2 Beds
    • 1-1.5 Baths
    Core Partners Associates LLC
    Contact for availability 1 day ago
    (248) 644-1300
  • (5)
    32000 Concord Drive, Madison Heights, MI 48071
    $860 - $1,040
    • 1-2 Beds
    • 1 Bath
    Beztak Properties
    4 Units available Today
    (866) 994-5895
  • 31470 Harlo Dr., Madison Heights, MI 48071
    $930 - $1,235
    • 1-2 Beds
    • 1 Bath
    Beztak Properties
    3 Units available 1 day ago
    (888) 259-1094
  • (2)
    2608 Galpin, Royal Oak, MI 48073
    $1,015
    • 1-2 Beds
    • 1 Bath
    Essential Property Management LLC
    Contact for availability 1 day ago
    (248) 965-3653
  • (5)
    2939 Alabaster, Shelby Charter Township, MI 48317
    $1,460 - $1,535
    • 1-2 Beds
    • 2 Baths
    SRG Management L.L.C.
    2 Units available 1 day ago
    (586) 843-3640

Troy, MI Demographics

  • Total Population83,989
  • Female 42,155
    Male 41,834
  • Median Age42.2

Average Rent in Troy, MI

  • Troy, MI Average Rental Price, October 2021 $1,372 /mo

Troy, MI Apartment Rent Ranges

Troy, MI Rent Trends

Average Rent Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Oct / 2021
Troy, MI $1,192 $1,248 $1,251 $1,267 $1,276 $1,268 $1,263 $1,297 $1,308 $1,372
National $1,347 $1,356 $1,361 $1,393 $1,400 $1,402 $1,393 $1,397 $1,485 $1,510

Troy, MI Households

  • Total Number of Households31,760
  • Family 23,060
    Non-family 8,700
  • Children 10,558
    No Children 21,202
  • Average People Per Household2.63
  • Median Household Income$101,882
  • Median Housing Costs Per Month$1,322

Troy, MI Education Statistics

Search for apartments in Troy, MI under $1,600

There’s more than one way to spend $1,600 on rent in Troy, MI, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,600 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,600 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Troy, MI. Customize your search by using more RENTCafé filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 15 apartments for rent below $1,600 in Troy, MI for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

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