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cheap apartments
Last updated December 6 2019 at 3:49 PM

347 Cheap Apartments for rent in Troy, MI

Verified
Last updated December 6 at 01:37pm
31 Units Available
The Gables of Troy
500 Coachman Dr, Troy, MI
1 Bedroom
$925
890 sqft
2 Bedrooms
$1,035
1034 sqft
Enjoy resort style living at the Gables of Troy! We have gorgeous apartment homes, ample amenities and spectacular service. The Gables in Troy, MI offer spacious one and two bedroom apartments with 6 interior layouts to suit your style.
Verified
Last updated December 6 at 03:29pm
61 Units Available
Somerset Park
1911 Golfview Dr, Troy, MI
1 Bedroom
$885
877 sqft
2 Bedrooms
$1,255
1330 sqft
3 Bedrooms
$1,600
1500 sqft
Located just minutes from I-75, I-696 and area parks. Just 30 minutes from downtown Detroit. On-site amenities include a walking trail, pools, park and nearby golf course. Granite countertops, designer cabinetry and spacious layouts.
Last updated December 6 at 05:04pm
The Transit Center
1 Unit Available
2820 W MAPLE Road
2820 West Maple Road, Troy, MI
Studio
$580
16600 sqft
Available now for lease, thisSuite #131 is 310 Sq. Ft. Meticulously maintained office building perfectly located in the heart of Troy. Lease for $580 monthly.
Results within 1 mile of Troy
Verified
Last updated December 6 at 01:17pm
Madison Heights
4 Units Available
Concord Towers
32600 Concord Dr, Madison Heights, MI
1 Bedroom
$799
825 sqft
2 Bedrooms
$950
925 sqft
Make your home at Concord Towers Apartments and enjoy peaceful living in a vibrant downtown setting. Our entire community was designed for your convenience and enjoyment.
Last updated December 6 at 12:22pm
Brooklands Park
1 Unit Available
1295 E Auburn Rd
1295 East Auburn Road, Rochester Hills, MI
1 Bedroom
$900
684 sqft
Move in Ready! Cute, clean, single family home - a great apartment alternative. 684 sq. ft.
Last updated December 6 at 09:38am
Clawson
1 Unit Available
590 E. Elmwood
590 East Elmwood Avenue, Clawson, MI
1 Bedroom
$750
650 sqft
Home of the resort style living! Village Club of Farmington Hills captures the essence of luxury living with its spacious one and two bedroom apartments. Nestled in a perfect location surrounded by nature.
Results within 5 miles of Troy
Verified
Last updated December 6 at 01:18pm
Northwest Warren
3 Units Available
Silverstone Apartments
5800 Streefkerk Rd, Warren, MI
Studio
$745
560 sqft
One-bedroom, pet-friendly apartment homes nestled in Warren and moments from Walmart, Warren Community Center and Maple Lane Golf Club. Amenities include on-site laundry facilities and 24-hour maintenance.
Verified
Last updated December 6 at 01:17pm
4 Units Available
Maple Grove Apartments
8602 Beech Drive, Sterling Heights, MI
1 Bedroom
$730
800 sqft
2 Bedrooms
$950
1000 sqft
Let Maple Grove Apartments be your gateway to the best Sterling Heights has to offer in apartment living! As soon as you walk the grounds of Maple Grove Apartments, you’ll understand why our current residents enjoy calling these apartments home.
Verified
Last updated December 6 at 01:17pm
Southwest Warren
6 Units Available
Warren Woods Apartments
4385 Frazho Rd, Warren, MI
1 Bedroom
$765
700 sqft
2 Bedrooms
$905
950 sqft
Spacious one- and two-bedroom apartment homes have AC, appliances and are cable ready. Community has a lot of parking, bike racks and a swimming pool. Located close to Macomb Mall.
Verified
Last updated December 6 at 01:17pm
6 Units Available
Highland Towers - Senior Living 55+
25225 Greenfield Road, Southfield, MI
1 Bedroom
$730
560 sqft
2 Bedrooms
$850
850 sqft
Apartment homes to seniors aged 55 and up. At Highland Towers, located in Southfield, Michigan, we offer one and two bedroom apartment homes.
Verified
Last updated December 6 at 01:17pm
Northwest Warren
4 Units Available
Harlo Apartments
31499 Mound Rd, Warren, MI
1 Bedroom
$815
800 sqft
2 Bedrooms
$1,035
800 sqft
Located near the chic Royal Oak complex complete with restaurants and shopping, these units offer picture windows, storage, spacious rooms and upgraded lighting, along with a pool, deck, exercise room and carports.
Verified
Last updated December 6 at 01:17pm
Royal Oak
8 Units Available
Amber Apartments of Royal Oak
3807 Crooks Road, Royal Oak, MI
Studio
Ask
1 Bedroom
$829
670 sqft
2 Bedrooms
$939
835 sqft
Amber Apartments invites you to live life on your own terms. Our communities offer several home advantages over the competition. Amber Apartments provides one of the most desirable and affordable communities in Royal Oak and Troy.
Verified
Last updated December 6 at 01:17pm
Huntington Woods
1 Unit Available
Keswick Manor Apartments
16099 W 11 Mile Road, Southfield, MI
1 Bedroom
$873
835 sqft
Keswick Manor offers many advantages over the competition, by providing one of the most desirable and affordable communities in Southfield. Our spacious one-bedroom homes provide the comfort, quality, and apartment amenities you deserve.
Verified
Last updated December 6 at 01:17pm
4 Units Available
Maple Creek
8600 Beech Dr, Sterling Heights, MI
1 Bedroom
$795
800 sqft
2 Bedrooms
$965
1000 sqft
Welcome to your next home, Maple Creek Apartments in beautiful Sterling Heights. We work hard to ensure every convenience and feature is covered so your only job is enjoying your new apartment.
Last updated December 6 at 12:22pm
1 Unit Available
457 S Edith
457 S Edith Ave, Pontiac, MI
2 Bedrooms
$799
840 sqft
Remodeled 2 Bedroom Home - Beautifully remodeled 2 bedroom home on a private cul de sac street. Close to new jobs at United Shore Mortgage and Amazon Fulfillment Center. Section 8 accepted. (RLNE5358096)
Last updated December 6 at 12:22pm
1 Unit Available
102 Maines
102 Maines Street, Pontiac, MI
2 Bedrooms
$800
856 sqft
102 Maines 2 bedroom/1 bath with 2 car garage including work shop close to Chrysler Headquarters - For a priority showing please fill out a guest card http://bit.ly/102maines-gc Charming 2-bedroom 1 bath ranch is waiting for you and your family.
Last updated December 6 at 12:22pm
Madison Heights
1 Unit Available
71 E Brockton Ave
71 East Brockton Avenue, Madison Heights, MI
2 Bedrooms
$900
800 sqft
Move in Ready! Cute and Clean! 800 square feet Madison Heights Ranch (696 and John R), 2 bedrooms and 1 bath, must see! Completely updated ranch with newer energy efficient windows, furnace and central air! All appliances, including full size washer
Last updated December 6 at 12:22pm
1 Unit Available
61 N Tasmania St
61 North Tasmania Street, Pontiac, MI
3 Bedrooms
$825
1336 sqft
3 Bedroom 1 1/2 bath Home In Pontiac - 3 bedroom 1 1/2 bath home with basement in Pontiac. Fresh paint, hardwood floors, ready for move in.
Last updated December 6 at 12:22pm
1 Unit Available
256 Dellwood
256 Dellwood Avenue, Pontiac, MI
2 Bedrooms
$800
911 sqft
3 Bedroom 1 Bath Home in Pontiac - 3 bedroom 1 bath home located in Pontiac. Great area. Fresh paint, hardwood floors. ready for move in. Must have proof of income and no evictions.
Last updated December 6 at 12:22pm
1 Unit Available
7677 Greeley Street
7677 Greeley Street, Utica, MI
1 Bedroom
$750
675 sqft
2 Bedrooms
Ask
1 bedroom apartment, gas and water included. Pets allowed with additional fee. Located near downtown Utica, many parks, walking paths and specialty shops. Within walking distance to the library and Clinton River Trail.
Last updated December 6 at 12:22pm
Southwest Warren
1 Unit Available
24054 Wedgewood Cir
24054 Wedgewood, Warren, MI
2 Bedrooms
$950
980 sqft
2 bedroom condo,with full bath,full kitchen,with one car Garage.All Appliances included.First floor unit.Located on Wedgwood Cir,close to freeways.Very quiet area.Water included on rent.One month and half security deposit required.
Last updated December 6 at 12:22pm
Southwest Warren
1 Unit Available
24146 wedgewood cir warren
24146 Wedgewood, Warren, MI
2 Bedrooms
$950
2 bedroom condo with 1 full bath one first floor in very quiet neighborhood with one car garage and plenty parkings call for more info @ 5867097504 Accepts Section 8. (RLNE3506882)
Last updated December 6 at 12:21pm
1 Unit Available
485 Emerson Ave
485 Emerson Avenue, Pontiac, MI
3 Bedrooms
$790
1014 sqft
Nice east side ranch home, new kitchen cabinets, new ceramic tile floor in kitchen and bath. Accepts Section 8. (RLNE1779273)
Last updated December 6 at 09:38am
1 Unit Available
48596 Roma Valley
48596 Roma Valley Drive, Macomb County, MI
2 Bedrooms
$800
900 sqft
We offer 2 Bedroom apts starting at $800.00 per month. Enjoy the park like setting. Laundry facilities available. One month security deposit and $50 non-refundable application fee. Please email or call Marilyn

December 2019 Troy Rent Report

Welcome to the December 2019 Troy Rent Report. Troy rents declined 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.

View full Rent Report

December 2019 Troy Rent Report

Welcome to the December 2019 Troy Rent Report. Troy rents declined 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 rents decline sharply over the past month

Troy rents have declined 0.7% over the past month, but have increased slightly by 1.5% in comparison to the same time last year. Currently, median rents in Troy stand at $1,016 for a one-bedroom apartment and $1,322 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in September. Troy's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.4%.

    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, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Southfield has seen the fastest rent growth in the metro, with a year-over-year increase of 1.7%. The median two-bedroom there costs $1,197, while one-bedrooms go for $920.
    • Over the past year, St. Clair Shores is the only city in the metro that has seen rents fall, with a decline of 0.1%. Median two-bedrooms there cost $978, while one-bedrooms go for $751.
    • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $894; rents were up 0.8% over the past month and 0.8% over the past year.
    • Dearborn has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,359; rents were up 0.2% over the past month but remained flat year-over-year.

    Troy rents more affordable than many large cities nationwide

    As rents have increased slightly in Troy, a few large cities nationwide have also seen rents grow modestly. Troy is still more affordable than most large cities across the country.

    • Rents increased marginally in other cities across the state, with Michigan as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 1.3% in Lansing and 0.4% in Grand Rapids.
    • Troy's median two-bedroom rent of $1,322 is above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 1.5% increase in Troy.
    • While Troy's rents rose slightly over the past year, many cities nationwide also saw increases, including Las Vegas (+3.2%), Charlotte (+2.9%), and Fresno (+2.2%).
    • Renters will find more reasonable prices in Troy than most large cities. For example, Chicago has a median 2BR rent of $1,284, 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
    $690
    $900
    0.2%
    0.1%
    Warren
    $780
    $1,020
    1%
    0.5%
    Sterling Heights
    $830
    $1,080
    0.2%
    0
    Dearborn
    $1,040
    $1,360
    0.2%
    0.2%
    Livonia
    $930
    $1,210
    -0.4%
    0.1%
    Westland
    $740
    $970
    0.3%
    0.1%
    Troy
    $1,020
    $1,320
    -0.7%
    1.5%
    Southfield
    $920
    $1,200
    0.1%
    1.7%
    Taylor
    $690
    $890
    0.8%
    0.8%
    St. Clair Shores
    $750
    $980
    -0.1%
    -0.1%
    Pontiac
    $730
    $950
    -0.1%
    0.7%
    Dearborn Heights
    $890
    $1,160
    -0.5%
    -5.2%
    Royal Oak
    $830
    $1,090
    -0.1%
    0.5%
    Novi
    $1,030
    $1,350
    0.6%
    0.6%
    Roseville
    $750
    $980
    0.2%
    0.6%
    Lincoln Park
    $680
    $890
    -0.7%
    0.5%
    Eastpointe
    $780
    $1,010
    1%
    -0.7%
    Port Huron
    $650
    $840
    0.5%
    0.1%
    Southgate
    $780
    $1,010
    -0.4%
    1%
    Madison Heights
    $850
    $1,110
    -0.2%
    2.9%
    Oak Park
    $990
    $1,280
    0.3%
    0.7%
    Wyandotte
    $620
    $810
    0.4%
    -1.6%
    Inkster
    $660
    $860
    1.6%
    Auburn Hills
    $940
    $1,220
    -0.4%
    2.9%
    Ferndale
    $720
    $940
    0.2%
    0
    Mount Clemens
    $550
    $720
    0
    3.8%
    Rochester
    $980
    $1,280
    -1.7%
    -2.4%
    Highland Park
    $580
    $750
    3.1%
    0.2%
    Howell
    $930
    $1,210
    0.8%
    1.5%
    Plymouth
    $810
    $1,010
    -0.7%
    -0.2%
    Lapeer
    $680
    $890
    0.3%
    0
    Brighton
    $920
    $1,190
    0.2%
    2.7%
    Walled Lake
    $970
    $1,270
    -0.6%
    1.2%
    Belleville
    $880
    $1,120
    0.7%
    2.7%
    Clinton
    $750
    $900
    -0.2%
    3.4%
    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.

    Methodology:

    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.

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