Budget Leases

Apartments for Rent in Troy, MI

Rents in Troy, MI start at $1,210/mo on Budget Leases, and the average across the 14 listings we track runs $1,504/mo. That runs about 9% above the MI state average of $1,376/mo, toward the pricier end of the state. By size, expect one-bedrooms around $1,325/mo and two-bedrooms around $2,295/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$1,210
lowest listed rent
Average rent
$1,5049% above MI
across all sizes
Average by sizevs MI typical
Studio$1,58030% above MI
1 bed$1,3253% above MI
2 bed$2,29544% above MI

14 rentals in Troy, MI

Every size & style, ranked by price

Renting in Troy, MI: common questions

How much is rent in Troy, MI?
The average asking rent across the 14 listings we track in Troy, MI is $1,504/mo, with the cheapest starting at $1,210/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Troy?
The Gables Of Troy Apartments is the lowest-priced rental we're tracking in Troy, MI at $1,210/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Troy?
Based on the listings we track in Troy, MI: studios around $1,580/mo, one-bedrooms around $1,325/mo, two-bedrooms around $2,295/mo. These are averages and shift with availability.
Is Troy expensive to rent in?
Troy sits toward the higher end: its average rent of $1,504/mo is about 9% above the MI state average of $1,376/mo.

Looking beyond Troy?

Search any city, neighborhood, or building, or jump to a nearby market.

Nearby cities
Birmingham, MIMadison Heights, MIRoyal Oak, MIOak Park, MIFerndale, MIRochester Hills, MISouthfield, MISterling Heights, MI
Browse all rentals across the US