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Troy Apartments
Last updated March 28 2024 at 1:07 PM

Troy, MI
341 Apartments for Rent

Troy Apartment Renter's Guide

Overview


Population: 84,092
Population Density: 2,514.3 people/sq mile
Median Age: 44
Percentage of Family Households: 72%
Median Annual Income: $98,170 / year
Median Rent: $1,426 / month

What locals are saying

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 Demographics


How diverse is Troy?

The representation of ethnic minorities in Troy is higher than the national average. The eight main ethnic groups that make up the population of Troy are White (58.5%), Asian (26.8%), Two Or More (6.5%), Black Or African American (4.1%), Hispanic Or Latino (3.5%), Other (0.5%), American Indian Or Alaska Native (0.2%), and Native Hawaiian Or Other Pacific Islander (0%).

What does the age breakdown look like for Troy residents?

The median age in Troy is 44 while the most populous age group of residents is the under 20 group.

How diverse is Troy?

The representation of ethnic minorities in Troy is higher than the national average. The eight main ethnic groups that make up the population of Troy are White (58.5%), Asian (26.8%), Two Or More (6.5%), Black Or African American (4.1%), Hispanic Or Latino (3.5%), Other (0.5%), American Indian Or Alaska Native (0.2%), and Native Hawaiian Or Other Pacific Islander (0%).

What does the age breakdown look like for Troy residents?

The median age in Troy is 44 while the most populous age group of residents is the under 20 group.

Troy Crime


Overall Crime

Below Average
Overall crime in Troy is below average in comparison to the national average.

Violent Crime

Low
The level of violent crime in Troy is low compared to the national average violent crime rate.

Property Crime

Below Average
The level of property crime in Troy is below average compared to the national average property crime rate.

Top Schools in Troy


Elementary Schools

10 /10
Hamilton Elementary School
Public
K-5
Public
K-5
517 Students
8 Reviews
517
Students
8 Reviews
10 /10
Schroeder Elementary School
Public
K-5
Public
K-5
520 Students
9 Reviews
520
Students
9 Reviews
9 /10
Hill Elementary School
Public
K-5
Public
K-5
337 Students
14 Reviews
337
Students
14 Reviews

Middle Schools

9 /10
Larson Middle School
Public
6-8
Public
6-8
786 Students
15 Reviews
786
Students
15 Reviews
9 /10
Bemis Elementary School
Public
K-12
Public
K-12
551 Students
11 Reviews
551
Students
11 Reviews
8 /10
Smith Middle School
Public
6-8
Public
6-8
673 Students
9 Reviews
673
Students
9 Reviews

High Schools

9 /10
Troy High School
Public
9-12
Public
9-12
2,052 Students
4 Reviews
2,052
Students
4 Reviews
9 /10
Athens High School
Public
9-12
Public
9-12
1,560 Students
5 Reviews
1,560
Students
5 Reviews
9 /10
Bemis Elementary School
Public
K-12
Public
K-12
551 Students
11 Reviews
551
Students
11 Reviews
Start Your Apartment Search
How many bedrooms are you looking for?
Check out 341 verified apartments for rent in Troy, MI with rents starting as low as $1,000. Prices shown are base rent prices and may not include non-optional fees and utilities.
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Average rent in Troy, Michigan

City Guide
The average rent for a 1 bedroom apartment in Troy is $1,383, while the average rent for a 2 bedroom apartment is $1,546. Rent rates updated 7 days ago
* Averages are based on the rental prices of properties listed on Apartment List
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Find an apartment for rent in Troy, MI


Searching for an apartment for rent in Troy, MI? Look no further! Apartment List will help you find a perfect apartment near you. There are 341 available rental units listed on Apartment List in Troy. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Troy is $1,508 for a studio, $1,383 for a one-bedroom apartment, and $1,546 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Troy apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Troy, MI apartment rental! After all, everyone deserves a home they love.

Frequently Asked Questions

Frequently Asked Questions (FAQs)

How much is rent in Troy?

In Troy, the average rent is $1,508 for a studio, $1,383 for a 1-bedroom, $1,546 for a 2-bedroom, and $2,234 for a 3-bedroom. For more information on rental trends in Troy, check out our monthly Troy Rent Report.

How can I find a cheap apartment in Troy?

You can find the lowest-priced apartments in Troy by using the cheap apartments filter.

How can I find a pet-friendly apartment in Troy?

You can use the pet-friendly filter to find Troy apartments that allow pets.

How much should I pay for rent in Troy?

The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Troy.

How can I find off-campus housing in Troy?

You can use the off-campus housing filters to find apartments near colleges located in or around Troy. Some of the colleges and universities in the area include Wayne State University, Wayne County Community College District, College for Creative Studies, University of Michigan-Ann Arbor, and University of Michigan-Dearborn.