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Troy, MI Houses For Rent

Beds

198 Houses

Average Rent in Troy, MI

Avg. RentAnnual Change
Troy Studio - $1,850+14%
Troy 1 Bed - $1,775+15%
Troy 2 Beds - $2,253+20%

Local Guide

See what Troy, MI has to offer.

Local Reviews

My neighborhood is in a really good school district. My neighborhood is only a couple minutes away from the highway. My neighborhood has a decent amount of shopping places whether it's a mall, grocery, etc.

I like that the neighborhood is well maintained. There is easy access to major freeways and there are a lot of stores including a mall and strip malls nearby.

Very safe community with great schools and parks. Lots of choices for dining and very upscale shopping. Close to expressways.

I often play with friends at a golf course near my community. It's a big field and I get to know a lot of like-minded people.

There is not much road traffic. The lot sizes are very generous so the housing density is low. Our favorite local restaurant is Red Robin. I like to go out to eat with family and friends.

We have beautiful man made lakes in our community. This makes summer and winter actives wonderful to participate in.

Demographics

Education

High School

19%

Associate's

23%

Bachelor's

33%

Master's

22%

Doctorate

4%

Family Size

2 people

41%

3 people

24%

4 people

24%

5 people

8%

6+ people

3%

Household Income

0-50k

22%

50-100k

27%

100-150k

22%

150-200k

13%

200k+

16%

Age

0-10

11%

10-20

13%

20-45

30%

45-65

29%

65+

17%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Troy, MI

In Troy, MI, as of 2024, the average rent for apartments ranges from $1,775 to $2,253. Specifically, the average rent for a studio apartment in Troy, MI is $1,850. For those seeking a 1-bedroom apartments, the average rent is $1,775. And for a 2-bedroom apartment, renters can expect to pay an average of $2,253.

Annual Rent Change Over the Past 12 Months

Studio

+14%

Changed from $1,623 to $1,850
1 Bed

+15%

Changed from $1,543 to $1,775
2 Beds

+20%

Changed from $1,878 to $2,253

Rent Ranges

Apartment PricesProportion
0%
0%
14%
17%
69%

Compare Other Cities

CityStudio Avg RentAnnual Change
Livonia$2,565+2%
Roseville$2,099-8%
Farmington Hills$2,099+40%
Canton$1,869-16%
Royal Oak$1,850+37%
Ann Arbor$1,703+2%
Detroit$1,344+35%
Dearborn$1,250-36%
Westland$1,250+59%
Oak Park$1,185--
Sterling Heights$900+1%
Southfield$860-5%
Grand Blanc$799+15%
Flint$790+17%
Pontiac$575+3%
Monroe$5750%
City1 Bed Avg RentAnnual Change
Detroit$1,630+17%
Dearborn$1,450+4%
Royal Oak$1,400+8%
Farmington Hills$1,250-2%
Canton$1,206-21%
Southfield$1,199+11%
Livonia$1,170+11%
Oak Park$1,165+50%
Sterling Heights$1,160-4%
Grand Blanc$1,071+6%
Ypsilanti$1,009+5%
Eastpointe$975+20%
Dearborn Heights$975--
Westland$966-5%
Ferndale$940+1%
Taylor$925+19%
Pontiac$915+18%
Flint$879+24%
Monroe$850+21%
Redford$755+4%
Roseville$750+3%
Burton$6200%
Port Huron$605-57%
City2 Beds Avg RentAnnual Change
Ann Arbor$2,120+6%
Farmington Hills$1,621+1%
Sterling Heights$1,6100%
Canton$1,599-8%
Southfield$1,467+17%
Ferndale$1,425-2%
Dearborn$1,4240%
Royal Oak$1,360+6%
Grand Blanc$1,337+9%
Oak Park$1,255-11%
Westland$1,2400%
Livonia$1,150-26%
Ypsilanti$1,1240%
Dearborn Heights$1,095--
Pontiac$1,017-1%
Eastpointe$1,0000%
Monroe$1,000+18%
Taylor$930+3%
Flint$877+4%
Roseville$860+1%
Redford$855+4%
Burton$850+15%
Port Huron$720-9%

Compare Neighborhoods

Transportation

Commute Time

0-15 Mins

21%

15-30 Mins

41%

30-40 Mins

18%

40-60 Mins

15%

60+ Mins

5%

Transportation Scores

Percentage: 3939

Walk Score®

Walkable

No

Say 38 of 56 renters

Has Sidewalks

Yes

Say 39 of 56 renters

Percentage: 5050

Bike Score®

Bike Friendly

Yes

Say 35 of 56 renters

Percentage: 6262

Transit Score®

They Are Located Near Public Transportation

No

Say 38 of 56 renters

Need A Car

No

Say 45 of 56 renters

Area Amenities

Top Score

Retail Shops

3.5/5 stars based on undefined reviews

You can shop till you drop in Troy.

  1. A high number of shops per resident
  2. Significantly more shops than average
  3. 27% more shops than areas of a similar size

Health and Fitness

3.5/5 stars based on undefined reviews

Looking good! Troy scores high for health and fitness.

  1. A high number of gyms per resident
  2. Significantly more gyms than average
  3. 23% more gyms than areas of a similar size

Pet Services

3.5/5 stars based on undefined reviews

Sit. Stay. Good boy. Troy is a good place for pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 46% fewer pet facilities than areas of a similar size

Coffee

3/5 stars based on undefined reviews

Things are heating up. Troy gets a solid score for coffee.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. A standard number of coffee shops compared to areas of a similar size

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. Troy gets an average rating.

  1. A high number of grocery stores per resident
  2. Significantly more grocery stores than average
  3. 20% fewer grocery stores than areas of a similar size

Restaurants

2.5/5 stars based on undefined reviews

An average foodie scene: not too cold and not too hot.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. 13% fewer restaurants than areas of a similar size

Parks

2.5/5 stars based on undefined reviews

There's fresh air to be had here.

  1. A high number of parks per resident
  2. 91% more parks than average
  3. 31% fewer parks than areas of a similar size

Fine Arts

2.5/5 stars based on undefined reviews

It's just about fine for fine art. An average score.

  1. A high number of fine art centers per resident
  2. 24% more fine art centers than average
  3. 26% fewer fine art centers than areas of a similar size

Medical Care

2.5/5 stars based on undefined reviews

Healthcare in Troy doesn't tip the scales.

  1. A high number of medical facilities per resident
  2. Significantly more medical facilities than average
  3. 43% more medical facilities than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Troy is running dry.

  1. Few bars and clubs per resident
  2. 64% more bars and clubs than average
  3. 56% fewer bars and clubs than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 33% fewer gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 55 of 56 renters

Noise Late At Night

No

Say 53 of 56 renters

Good Place To Raise A Family

Yes

Say 51 of 56 renters

Area Has Potholes

No

Say 46 of 56 renters

Safe For Families

Yes

Say 46 of 56 renters

Pet Friendly

Yes

Say 45 of 56 renters

Near Schools

Yes

Say 44 of 56 renters

Mostly Older Buildings

No

Say 43 of 56 renters

Quiet Area

Yes

Say 43 of 56 renters

Nearby Parks

Yes

Say 42 of 56 renters

Area Has Kids Play Outside

Yes

Say 41 of 56 renters

Busy Streets

No

Say 39 of 56 renters

Maintained Yards

Yes

Say 39 of 56 renters

Near Grocery Stores

Yes

Say 38 of 56 renters

Tree Lined Streets

Yes

Say 31 of 56 renters

Near Highways

Yes

Say 28 of 56 renters

Well Lit

No

Say 32 of 56 renters

Mostly Newer Buildings

No

Say 38 of 56 renters

Nice Views

No

Say 41 of 56 renters

Near Downtown

No

Say 42 of 56 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Troy

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Troy, MI

Troy Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Troy neighborhood guides. These guides walk you though what its like to live in these neighborhoods

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Southfield, MI 9.8 miles$1,199$1,467
Sterling Heights, MI 6.3 miles$1,160$1,610
Pontiac, MI 7.5 miles$915$1,017
Rochester Hills, MI 3.6 miles$1,940$2,248
Royal Oak, MI 8 miles$1,400$1,360
Ferndale, MI 10.1 miles$940$1,425
Redford Township, MI 13.2 miles------
Detroit, MI 18 miles$1,630$2,235
Birmingham, MI 5.1 miles$1,445$6,495
Dearborn, MI 19.6 miles$1,450$1,424

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