Bedroom count
Property type
Last updated on September 18, 2026
Average rent in
Detroit Business Institute Southfield, MI
Average rent in
Last updated on September 18, 2026
Bedroom count
Property type
Median rent
Median rent in Troy
$1,420/mo
35%vs previous year
The average rent in Troy is $1,420 per month as of September 2026. This is 25% below the national average rent, or $480 less per month.
average price per square foot
Total rentals
Available rentals in Troy
968
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Troy rentals at each price point
Rent trends in Detroit Business Institute Southfield, MI
Average rent prices in Troy have increased by 35% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Detroit Business Institute Southfield, MI
Rent prices in Troy vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Troy is $1,195, whereas a house costs $1,600. 1-bedroom apartments in Troy run $1,000 on average, while 2-bedroom apartments are $1,391.
Listings | ||||
|---|---|---|---|---|
Studio | $1,262 | - |  6% | |
1 bedroom | $995 | - | 15% | |
2 bedroom | $1,412 | - | 32% | |
3 bedroom | $1,800 | - | 17% | |
4 bedroom | $3,200 | - | No Change |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Detroit Business Institute Southfield, MI.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,195 | - | No Change | |
Condos | $2,197 | - | No Change | |
Houses | $1,600 | - | No Change | |
Rooms | $955 | - | No Change |
Studio
Average rent
$1,262
Last year
6%
1 bedroom
Average rent
$995
Last year
15%
2 bedroom
Average rent
$1,412
Last year
32%
3 bedroom
Average rent
$1,800
Last year
17%
4 bedroom
Average rent
$3,200
Last year
No Change
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Detroit Business Institute Southfield, MI.
Apartments
Average rent
$1,195
Condos
Average rent
$2,197
Houses
Average rent
$1,600
Rooms
Average rent
$955
The table above reflects average rent prices in Detroit Business Institute Southfield, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Discover rentals in Detroit Business Institute Southfield, MI
2d ago
Verified
19311 Votrobeck Dr, Detroit, MI 48219
2–3 beds
1–3 baths
$665
Apartment for rent
2d ago
21455 W 7 Mile Rd, Detroit, MI 48219
2 beds
1 bath
$675
Apartment for rent
4d ago
19060 Chapel St Apt 5, Detroit, MI 48219
2 beds
1 bath
$675
Apartment for rent
5d+ ago
Brightmoor apartment for rent in Detroit
23838 Schoolcraft Apt 109, Detroit, MI 48223
2 beds
1 bath
$845
Apartment for rent
5d+ ago
House for rent in Bloomfield Hills
14 Beresford Ct, Bloomfield Hills, MI 48304
5 beds
6 baths
$25,000
House for rent
5d+ ago
Downtown Birmingham condo for rent in Birmingham
34901 Woodward Ave #5thFL, Birmingham, MI 48009
3 beds
3.5 baths
$19,000
Condo for rent
5d+ ago
Downtown Birmingham condo for rent in Birmingham
370 E Brown St #401, Birmingham, MI 48009
2 beds
3 baths
$17,905
Condo for rent
5d+ ago
Downtown Birmingham condo for rent in Birmingham
370 E Brown St #402, Birmingham, MI 48009
2 beds
3 baths
$17,450
Condo for rent
8h ago
Verified
26642 Central Park Blvd, Southfield, MI 48076
Studio–2 beds
1–2 baths
$960–$1,525
Apartment for rent
23h ago
Verified
24200 Lathrup Blvd, Southfield, MI 48075
1–2 beds
1 bath
$1,040–$1,246
Apartment for rent
3d ago
Verified
25500 Greenfield Rd, Oak Park, MI 48237
Studio–2 beds
1 bath
$825–$1,450
Apartment for rent
5d+ ago
Verified
30300 Southfield Rd, Southfield, MI 48076
1–3 beds
1–2 baths
$1,445–$2,400
Apartment for rent
8h ago
Verified
26642 Central Park Blvd, Southfield, MI 48076
Studio–2 beds
1–2 baths
$960–$1,525
Apartment for rent
1d ago
Verified
3115 Evergreen Dr, Royal Oak, MI 48073
1–3 beds
1 bath
$1,155–$1,265
Apartment for rent
Available Aug 21
3d ago
Verified
25500 Greenfield Rd, Oak Park, MI 48237
Studio–2 beds
1 bath
$825–$1,450
Apartment for rent
2d ago
Verified
19311 Votrobeck Dr, Detroit, MI 48219
2–3 beds
1–3 baths
$665
Apartment for rent
2h ago
Verified
16500 North Park Drive, Southfield, MI 48075
1 bed
1 bath
$1,399
Apartment for rent
Available Oct 23
8h ago
Verified
26642 Central Park Blvd, Southfield, MI 48076
2 beds
2 baths
$1,395
Apartment for rent
1h ago
Verified
28733 Franklin River Dr, Southfield, MI 48034
1–2 beds
1–2 baths
$1,375–$1,810
Price drop
Apartment for rent
2h ago
Verified
20810 Botsford Dr, Farmington Hills, MI 48336
2 beds
1 bath
$1,320
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Detroit Business Institute Southfield, MI
Quick answers to common questions about the Troy rental market.
How much is rent in Troy?
The average rent in Troy is $1,420 per month as of September 12, 2026.
Is rent up or down in Troy?
Average rent prices in Troy have increased by 35% since last year.
How does Troy rent compare to the national average?
Rent in Troy is 25% below the national average, which means renters are paying approximately $480 less per month.
What salary do I need to afford rent in Troy?
To comfortably afford rent in Troy, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).