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233 Apartments for rent in Troy, MI

Last updated March 22 at 7:39pm UTC
318 Olympia
Troy, MI
Updated March 22 at 5:35pm UTC
2 Bedrooms
1602 HAMMAN Drive
Troy, MI
Updated March 22 at 5:35pm UTC
4 Bedrooms
2820 W MAPLE Road
The Transit Center
Troy, MI
Updated March 22 at 5:33pm UTC
1328 E Long Lake
Troy, MI
Updated March 22 at 1:43pm UTC
3 Bedrooms
6424 Tutbury Ln
Troy, MI
Updated March 20 at 10:55am UTC
4 Bedrooms
3182 Camden Dr
The Transit Center
Troy, MI
Updated March 17 at 10:52am UTC
2 Bedrooms
1638 GREENWICH Drive
Troy, MI
Updated March 16 at 6:52pm UTC
4 Bedrooms
3433 Pasadena Drive
Troy, MI
Updated March 13 at 4:23am UTC
3 Bedrooms
1504 DEVON Lane
The Transit Center
Troy, MI
Updated March 10 at 10:48am UTC
2 Bedrooms
Troy, MI
Updated March 6 at 5:10pm UTC
4 Bedrooms
The Transit Center
Troy, MI
Updated February 16 at 1:32am UTC
2 Bedrooms
4472 Clarke
Troy, MI
Updated February 1 at 10:36am UTC
4 Bedrooms
Troy, MI
Updated January 3 at 11:40am UTC
1192 Alameda Blvd
Rochester Road
Troy, MI
Updated March 22 at 1:42pm UTC
2 Bedrooms
2389 Somerset Blvd Apt 205
Troy, MI
Updated March 22 at 1:41pm UTC
1 Bedroom
1080 BROOKLAWN Court
Troy, MI
Updated March 17 at 2:51am UTC
3 Bedrooms
Results within 1 miles of Troy, MI
590 Shenandoah Dr
Clawson, MI
Updated March 22 at 1:49pm UTC
4 Bedrooms
2072 Derby
Birmingham, MI
Updated March 22 at 1:48pm UTC
3 Bedrooms
Roundtree Dr
Troy, MI
Updated February 22 at 8:27am UTC
2 Bedrooms
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City Guide
Finding an Apartment in Troy

Rental rates are low in Troy so there won't be such frantic competition to score a flat. Yet, folks want to know they have good neighbors, so it helps to highlight that you're friendly and responsible while apartment hunting. Smile, shake hands, remember people's names, return phone calls promptly, make complete sentences with your mouth only, and bring your pay stubs to make sure property managers know you have stable employment. You’ll be fine.

When to rent: It’s vest to start your search as soon as the nice weather starts (you know, when everything isn’t frozen or boiling) in mid-spring in order to score a place by the early summer.

Troy Neighborhoods

Troy's only around 33 square miles, so there aren't such pronounced divisions among neighborhoods. Basically, Troy is one large community, with a business district and large shopping area. However, the area contains three zip codes, which we'll describe here.

Zip Code 48098 – Northern Troy This area's largest attraction is the golf course. Everything's spread out here, with plenty of parks and low population density – so relax, take a walk and get to know your neighbors!

Zip Code 48084– Southwestern Troy The airport's located in this area.

Zip Code 48083 – Southeastern Troy Plenty of apartments in this area as well.

Life in Troy

Nice matters! Troy's residents pride themselves on creating a livable city. Remember your manners, say hello and get to know your neighbors!

The city's fairly close to Detroit, located near two major freeways bringing drivers south into the metropolis. You'll most likely want a car for excursions down there, but slow down and look around! Troy's residents care about traffic safety and appreciate cautious and courteous drivers.

Known for its library and historical museum, Troy offers housing in a suburban area with clean air. So, come to make your home in Troy!

Rent Report

March 2018 Troy Rent Report

Welcome to the March 2018 Troy Rent Report. Troy rents remained steady over the past month. In this report, we'll evaluate trends in the Troy rental market, including comparisons to cities throughout the metro, state, and nation.

Troy rent trends were flat over the past month

Troy rents have remained flat over the past month, however, they have increased moderately by 2.8% year-over-year. Currently, median rents in Troy stand at $1,000 for a one-bedroom apartment and $1,300 for a two-bedroom. Troy's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 2.3%.

Rents rising across the Detroit Metro

Throughout the past year, rent increases have been occurring not just in the city of Troy, but across the entire metro. Of the largest 10 cities that we have data for in the Detroit metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 8.1%. The median two-bedroom there costs $980, while one-bedrooms go for $760.
  • Troy has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,300; rents were up 2.8% over the past year but remained flat month-over-month.
  • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $880; rents were down 0.5% over the past month but remained flat year-over-year.

Troy rents more affordable than many large cities nationwide

As rents have increased moderately in Troy, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Troy is still more affordable than most large cities across the country.

  • Rents increased moderately in other cities across the state, with Michigan as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.5% in Lansing and 2.4% in Grand Rapids.
  • Troy's median two-bedroom rent of $1,300 is above the national average of $1,160. Nationwide, rents have grown by 2.3% over the past year compared to the 2.8% increase in Troy.
  • While Troy's rents rose moderately over the past year, the city of Baltimore saw a decrease of 0.3%.
  • Renters will find more reasonable prices in Troy than most large cities. For example, Chicago has a median 2BR rent of $1,260, which is undefined the price in Troy.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Detroit $680 $890 -0.1% 1.0%
Warren $760 $980 -0.8% 8.1%
Sterling Heights $810 $1,060 -0.4% 2.0%
Dearborn $990 $1,290 -0.6% 5.5%
Livonia $910 $1,190 0.3% 1.3%
Westland $730 $950 -0.1% 2.3%
Troy $1,000 $1,300 0.1% 2.8%
Southfield $890 $1,160 0.2% 1.5%
Taylor $680 $880 -0.5% 0.2%
Pontiac $720 $940 0.8% 2.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.


Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.