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Studio Apartments for Rent in Troy, MI
27 Rentals Available

  • Today

    3965 Westcreek Drive, Troy, MI 48084
    2 Units available
    • Studio
    • $1,450
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  • Today

    1300 Livernois Road, Troy, MI 48083
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    • Studio
    • $1,557+
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  • Top Rated for Location
    1 day ago

    177 Wilshire Drive, Troy, MI 48084
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    1 day ago

    1050 N Adams, Birmingham, MI 48009
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    • Studio
    • $1,250
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    32500 Concord Drive, Madison Heights, MI 48071
    1 Unit available
    • Studio
    • $1,170
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  • Top Rated for Location
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    3807 Crooks Road, Royal Oak, MI 48073
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    1545 East Thirteen Mile Road, Madison Heights, MI 48071
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    45600 Oak Hill, Utica, MI 48317
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  • 1 day ago

    1824 N Washington St #103, Royal Oak, MI 48073
    1 Unit available
    • Studio
    • $800
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  • 1 day ago

    1401 S. Rochester Road, Rochester Hills, MI 48307
    1 Unit available
    • Studio
    • $1,299
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  • 1 day ago

    480 N. Main St, Royal Oak, MI 48067
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    • Studio
    • $3,475
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  • 1 day ago

    855 South Main Street, Royal Oak, MI 48067
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  • 1 day ago

    1100 S Main St, Royal Oak, MI 48067
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    • Studio
    • $1,895+
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  • 1 day ago

    6 Roanoke Lane, Rochester Hills, MI 48309
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  • Top Rated for Location
    1 day ago

    25090 Woodward Avenue, Royal Oak, MI 48067
    1 Unit available
    • Studio
    • $1,730
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    25500 Greenfield Rd., Oak Park, MI 48237
    1 Unit available
    • Studio
    • $860
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  • 1 day ago

    2644 N. Squirrel, Auburn Hills, MI 48326
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    430 W Nine Mile Rd, Ferndale, MI 48220
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    20300 Civic Center Dr., Southfield, MI 48076
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    1 day ago

    21201 Woodward Ave, Ferndale, MI 48220
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    25108 Hoover Rd, Warren, MI 48089
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    28509 Franklin Road, Southfield, MI 48034
    1 Unit available
    • Studio
    • $899
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    15623 Flanagan, Roseville, MI 48066
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  • 1 day ago

    13800 Woodward Avenue, Highland Park, MI 48203
    2 Units available
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    3355 Thornwood Trail, Lake Orion, MI 48359
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3-22-city

Popular searches Average rent Renters guide Demographics

Average rent in Troy, MI

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

Apartments in Troy, MI rent for $1,509 per month, on average.

Troy, MI apartment rent ranges

3% of apartments in Troy, MI are priced between $701-$1,000. About 53% charge rents in the $1,001-$1,500 range. Approximately 39% of Troy’s apartment rentals are priced between $1,501-$2,000. Meanwhile, 5% of apartments are in the most expensive > $2,000 range.

Troy, MI rent trends

Troy, MI demographics

The total population of Troy, MI is 84,051, of which 42,833 are men and 41,218 are women, according to the most recent U.S. Census Bureau estimates. The residents of Troy have a median age of 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

A total of 31,660 households live in Troy, MI, of which 22,636 are family households and 9,024 are non-family households, per U.S. Census estimates. Of these, approximately 10,119 households have children and 21,541 households do not have children. The average size of a household in Troy, MI is 2.64. The median household income in Troy is $104,132 annually, with $1,341 per month going towards housing.

Troy, MI education statistics

According to Census data, 2% of the population in Troy, MI have no high school education, 16% went to high school, 18% have some college education, 6% earned an Associate Degree, 32% earned a Bachelor Degree, and 26% earned a Graduate Degree.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Troy, MI

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Troy, MI, we have great news: on RentCafe you have 27 small apartment units to choose from in 25 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $1,433, opting for a cheap studio for as low as $799 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Troy, MI is currently $3,950.

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