selected.
of neighborhoods selected. We’ll search anywhere in .
Start your Troy apartment search!
Select how many bedrooms you want.
S
Studio
1
Bed
2
Beds
3+
Beds
What are you looking to pay?
Where are you looking to move?
Please enter a location.
Where do you work or go to school?
We'll show you how far the commute is
to the places you go to the most.
Please enter a location or skip.
I want to live within
How do you get there?
I drive (without traffic)
I drive (in traffic)
I ride public transit
I bike
What do you prefer?
On-site laundry
In-unit laundry
Washer/dryer connections
What about parking?
Garage
Parking
What other features do you want?
Hardwood Floors
Dishwasher
Air Conditioning
Patio/Balcony
Pool
Gym
What pets do you have?
Dog
Cat
I care most about
Getting all my features
Staying in the location I want
Having the cheapest price
Don’t worry, this won’t remove any matches
About when would you like to move in?
1
I’m just looking
2
I want to move, but I’m not in a hurry
3
I need to move, but can be a little flexible
4
I’ve gotta move!
What lease length are you looking to sign?
Are you signing a lease with anyone else?
A cosigner
Roommates, partner, etc.
Me, myself, and I
What's your monthly household income, before taxes?
Be sure to include the total income from all adults.
(We use this to save you time & help you find rents you will qualify for.)
Great! Your income qualifies you for the rent you chose.
So you know, apartments typically require your monthly income to be 2-3x the rent. Exact income requirements may vary, so always double-check with the apartment.
Apartments require 2-3x the rent in monthly income
Your monthly income only qualifies for a max rent of . Do you want to change your max rent?
Yes
Yes. Set my max rent to
No
No, I'll stick with
Did you know apartments require 2-3x the rent in monthly income?
Depending on your exact income you may not qualify for all apartments up to $500.
Have you been evicted?
No
I've never been evicted
Yes
I've been evicted
How did you hear about Apartment List?
Please select all that apply.
Google
Billboard
Friend or Family
Postcard / Snail Mail
Facebook
TV / Streaming Video
Radio / Streaming Audio
Other
Let’s find that perfect home
We’ll get started finding you the best out there. But first, let’s learn a little more about you.
Renters love us!
We’re rated 4.5 out of 5 because renters have so much success finding places they love.
Oops! Please enter an email.
Welcome to Apartment List
Looks like you've been here before. Welcome back.
Please log in to use this email.
Invalid email or password.
We've sent a password reset email with instructions to
You can close this window
Make your results better
Personalize your results by telling us what you think of your first three matches.
Get pre-qualified for top apartments
Apartments typically require your monthly income to be 2-3x the rent. Based on what you’d like to pay, you should make around or more.
Yes
I make about per month
No
I want to adjust my rent

44 Furnished Apartments for rent in Troy, MI

Last updated January 22 at 2:24am UTC
The Gables of Troy
500 Coachman Dr
Troy, MI
Updated January 22 at 1:03am UTC
1 Bedroom
$799
2 Bedrooms
$899
6640 Crooks Rd
Troy
Troy, MI
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,950
2389 Somerset Rd
Troy
Troy, MI
Updated January 21 at 9:39am UTC
1 Bedroom
Ask
2 Bedrooms
$3,000
3131 KILMER Drive
Downtown Troy
Troy, MI
Updated January 21 at 9:21pm UTC
4 Bedrooms
$3,650
5043 Tyler
Troy
Troy, MI
Updated January 21 at 9:21pm UTC
3 Bedrooms
$2,250
Furnished Apartments in Sterling Heights/Troy
Sterling Heights
Sterling Heights, MI
Updated January 21 at 11:29am UTC
1 Bedroom
$2,100
2 Bedrooms
$2,500
Results within 1 miles of Troy, MI
VC of Royal Oak
1132 N Campbell Rd
Royal Oak, MI
Updated January 22 at 1:37am UTC
1 Bedroom
$1,120
2 Bedrooms
$1,285
3 Bedrooms
$1,700
Westbury Village Townhouses
201 N Squirrel Rd
Auburn Hills, MI
Updated January 22 at 2:24am UTC
2 Bedrooms
$1,410
3 Bedrooms
$1,489
Results within 5 miles of Troy, MI
841 Cedar St
Pontiac
Pontiac, MI
Updated January 21 at 11:29am UTC
2 Bedrooms
$800
4001 Crooks Rd
Royal Oak
Royal Oak, MI
Updated January 21 at 9:39am UTC
1 Bedroom
$1,470
324 E. Woodland St.
Ferndale
Ferndale, MI
Updated January 21 at 9:39am UTC
2 Bedrooms
$2,200
4464 Berkshire Dr
Sterling Heights
Sterling Heights, MI
Updated January 21 at 9:39am UTC
2 Bedrooms
$2,400
1907 CLIFTON Avenue
Royal Oak
Royal Oak, MI
Updated January 21 at 9:21pm UTC
3 Bedrooms
$1,625
937 SMITH Avenue
Birmingham
Birmingham, MI
Updated January 21 at 9:21pm UTC
4 Bedrooms
$3,999
327 W Lincoln
Royal Oak
Royal Oak, MI
Updated January 22 at 2:05am UTC
2 Bedrooms
$2,900
Furnished Apartment @ Auburn Hills Apartments
Oakland Valley
Auburn Hills, MI
Updated January 21 at 11:30am UTC
1 Bedroom
$1,360
804 N MAIN Street
Downtown Rochester
Rochester, MI
Updated January 21 at 9:21pm UTC
1 Bedroom
$1,999
3936 NORBERT Avenue
Southwest Warren
Warren, MI
Updated January 21 at 9:21pm UTC
3 Bedrooms
$1,500
2967 Chestnut Run Drive
Oakland County
Oakland County, MI
Updated January 21 at 9:21pm UTC
6 Bedrooms
$8,250
2042 BLUE SPRUCE Drive
Troy
Troy, MI
Updated January 21 at 9:21pm UTC
4 Bedrooms
$4,200
1571 HUMPHREY Avenue
Birmingham
Birmingham, MI
Updated January 21 at 9:21pm UTC
2 Bedrooms
$4,000
223 E SOUTHLAWN Boulevard
Birmingham
Birmingham, MI
Updated January 21 at 9:21pm UTC
4 Bedrooms
$5,500
2181 Siboney Ct
Rochester Hills
Rochester Hills, MI
Updated January 21 at 9:21pm UTC
2 Bedrooms
$2,200

January 2019 Troy Rent Report

Welcome to the January 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 Troy Rent Report
Rent Report
Troy

January 2019 Troy Rent Report

Welcome to the January 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 2.2% over the past month, and have decreased slightly by 0.3% in comparison to the same time last 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 lags the state average of 0.6%, as well as the national average of 0.9%.

Rents rising across the Detroit Metro

While rent prices have decreased in Troy over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in the Detroit metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Dearborn has the most expensive rents in the Detroit metro, with a two-bedroom median of $1,350; the city has also seen rent growth of 4.4% over the past year, the fastest in the metro.
  • Over the past month, Troy has seen the biggest rent drop in the metro, with a decline of 2.2%. Median two-bedrooms there cost $1,300, while one-bedrooms go for $1,000.
  • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $890; rents increased 0.4% over the past month but remained flat year-over-year.

Troy rents more affordable than many large cities nationwide

As rents have fallen slightly in Troy, many large cities nationwide have seen prices increase, in some cases substantially. Troy is also more affordable than most large cities across the country.

  • Other cities across the state have seen rents marginally increase, with Michigan as a whole logging rent growth of 0.6% over the past year. For example, rents have grown by 1.2% in Lansing and 0.2% in Grand Rapids.
  • Troy's median two-bedroom rent of $1,300 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 0.3% decline in Troy.
  • While rents in Troy fell slightly over the past year, many cities nationwide saw increases, including Las Vegas (+4.4%), Charlotte (+2.7%), and Fresno (+1.9%).
  • Renters will find more reasonable prices in Troy than most large cities. For example, Chicago has a median 2BR rent of $1,270, 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 0.1% 1.2%
Warren $790 $1,020 0.7% 3.2%
Sterling Heights $830 $1,080 0.3% 2.0%
Dearborn $1,040 $1,350 1.7% 4.4%
Livonia $930 $1,210 -1.5% 1.5%
Westland $740 $970 0.0% 1.5%
Troy $1,000 $1,300 -2.2% -0.3%
Southfield $900 $1,180 0.1% 1.7%
Taylor $680 $890 0.4% 0.3%
Pontiac $730 $940 -0.1% 1.0%
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.