Troy Apartments and Rentals

Troy, famous for its status as one of the safest cities in Michigan, is one of Detroit's most desirable suburbs. Clean, safe and family-friendly, Troy is a typical suburban community and is much loved by its residents and visitors. Located 22 miles north of Detroit, Troy is conveniently located 22 miles north of Detroit, providing freeway access as well as other urban amenities.

According to data from the U.S. Census Bureau, the population of Troy was 80,980 in 2010. This family-friendly city has a median age of 41.8, representative of the diverse ages of its residents. Those looking for Troy apartments for rent will be able to find the perfect location to call home. Appropriate for both young families and empty nesters, Troy gives thousands of Michigan residents exactly what they want out of a hometown: convenience and cleanliness.

Troy is more than a typical suburb community: Its business community, shopping centers and civic way of life make it a dynamic city in which to live, work and play. The city boasts 7 million sq. ft. of retail space, 18 million sq. ft. of office space and 20 million sq. ft. of manufacturing and engineering space. Rather than operating as a bedroom community, Troy has made a name for itself as a financial and employment hub. More than 64,000 non-residents commute to Troy for work, according to city-data.com.

Various organizations, community centers and recreational opportunities make Troy a desirable place to call home. The city of Troy Community Center, Lloyd A. Stage Nature Center, Troy Family Aquatic Center and the Troy Public Library all offer residents ways to get involved in their community and build lasting friendships.

Troy is home to campuses of both University of Phoenix and ITT Technical Institute. The International Academy of Design and Technology, Walsh College of Accountancy and Business Administration, Carnegie Institute and Michigan College of Beauty are also located in Troy. Oakland Community College, Oakland University, Baker College of Auburn Hills and Macomb Community College are all located within 10 miles of Detroit.

According to Troy's 2009-2010 Comprehensive Annual Financial Report, the city's top employers were Kmart, Gale & Wentworth, Frankel Forbes Cohen, Nykel Management, WRC Properties, Detroit Edison, Liberty Property LTD and Top of Troy.

Those searching for Troy apartments will be happy to note that Troy has a healthy rental to owned-home ratio. About 24 percent of homes in Troy are renter-occupied, so renters shouldn't have any trouble finding a perfect home. The median gross rent in Troy was $1,003 in 2010, according to U.S. Census data.

Incoming residents will also enjoy Troy's cost of living. In 2012, Troy's cost of living index was 91.3, 8.7 percent lower than the national average.

Troy is proud of its two main shopping centers, Somerset Collection and Oakland Mall. Somerset Collection, an upscale shopping center, boasts designer stores, beautiful architectural designs and a stunning variety of fashions. Oakland Mall also affords a variety of offerings to residents, as its home to both little-known and big name stores.

Other nearby attractions include Detroit's Charles H. Wright Museum of African American History and Detroit Historical Museum; Bloomfield Hills, Michigan's Cranbrook Art Museum; and Dearborn, Michigan's Henry Ford Estate and Henry Ford Museum.

Rent.com® can help you get settled in a Troy apartment. Look through our rental listings and find the perfect home for your needs.