Bedroom count

Property type

Last updated on September 20, 2025

Average rent in
Troy, MI

Last updated on September 20, 2025

Last updated on September 20, 2025

Bedroom count

Property type

Rent price trends

Rent prices for all bedroom counts and property types in Troy, MI have remained the same in the last month and have increased by 14% in the last year.

We analyze our inventory and calculate this information on a 30-day rolling basis.

Rent price summary for
Troy, MI

As of September 2025, the median rent for all bedroom counts and property types in Troy, MI is $2,500. This is +27% higher than the national average.

$1.78

average price per square foot

Median rent

$2,500

increased by14%
over the previous yearvs previous year

Total rentals

78

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Troy, MI is $2,500. This is +27% higher than the national average.

$1.78

average price per square foot

Rent ranges

17%
58%
20%
5%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000

Households

74%
26%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Troy, MI

The monthly rent for an apartment in Troy, MI is $1,528. A 1-bedroom apartment in Troy, MI costs about $1,399 on average, while a 2-bedroom apartment is $1,649. Houses for rent in Troy, MI are more expensive, with an average monthly cost of $2,900.

Comparables

1 bedroom

$1,399

2%

2%

2 bedroom

$1,827

2%

13%

3 bedroom

$2,800

1%

1%

4 bedroom

$3,100

2%

2%

Studio

$2,280

41%

81%

Studio

Average rent

$2,280

Last 30 days

41%

Last year

81%

1 bedroom

Average rent

$1,399

Last 30 days

2%

Last year

2%

2 bedroom

Average rent

$1,827

Last 30 days

2%

Last year

13%

3 bedroom

Average rent

$2,800

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$3,100

Last 30 days

2%

Last year

2%

The table above reflects average rent prices in Troy, 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.

Compare rent prices in Troy, MI to other cities

Median rent prices in Troy, MI for all bedroom counts and property types compared to Auburn Hills, MI.

Troy

Median rent price$2,500
increased by27%

higher than the national median

Median rent price$1,477
decreased by25%

lower than the national median

Takeaway

The median rent for all rentals in Troy, MI is 69% higher than the median rent in Auburn Hills, MI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Auburn Hills

$1,477

decreased by12%

Last year

Birmingham

$2,800

decreased by4%

Last year

Bloomfield Township

$1,422

decreased by17%

Last year

Harper Woods

$1,324

increased by5%

Last year

Hazel Park

$1,500

increased by32%

Last year

Livonia

$1,925

increased by19%

Last year

Madison Heights

$1,572

increased by19%

Last year

Mount Clemens

$1,350

decreased by1%

Last year

Orchard Lake Village

$2,725

increased by11%

Last year

Rochester Hills

$2,100

decreased by17%

Last year

Roseville

$1,300

increased by50%

Last year

Sylvan Lake

$1,619

decreased by3%

Last year

Cost of living in
Troy, MI

The overall cost of living in Troy, MI is 6% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses

accrued by most renters

Average cost

compared to national average

Goods & Services

8% higher

Groceries

1% higher

Health

11% higher

Housing

10% higher

Transportation

1% lower

Utilities

4% lower

Apartments for rent in Ann Arbor

Discover rentals in Troy, MI

Ranch Apartment Homes in Great Troy Location - Photo 1 of 1

1d ago

8.6

Very good

Ranch Apartment Homes in Great Troy Location

1071 Rochester Rd, Troy, MI 48083

2 beds

1 bath

$1,055–$1,400

Apartment for rent

Residences of Troy Apartments - Photo 1 of 1
Rent special

2h ago

9

Excellent

Residences of Troy Apartments

2869 Troy Center Dr, Troy, MI 48084

1–3 beds

1 bath

$1,399–$2,100

Price drop

Apartment for rent

2924 Roundtree Dr - Photo 1 of 1

5d+ ago

Condo for rent in Troy

Condo for rent

1014 Kelley St - Photo 1 of 1

5d+ ago

Apartment for rent in Troy

1/2 Duplex with Land - Troy, MI

1014 Kelley St, Troy, MI 48083

2 beds

1 bath

$1,775

Apartment for rent

3293 Talbot Dr - Photo 1 of 1

5d+ ago

House for rent in Troy

House for rent

5960 Niles Dr - Photo 1 of 1

5d+ ago

Condo for rent in Troy

Condominium - Troy, MI

5960 Niles Dr, Troy, MI 48098

3 beds

2 baths

$2,100

Condo for rent

2571 Haverford Dr - Photo 1 of 1

5d+ ago

House for rent in Troy

3 beds

2 baths

$2,150

House for rent

4448 Forsyth Dr - Photo 1 of 1

5d+ ago

House for rent in Troy

Colonial,Ranch - Troy, MI

4448 Forsyth Dr, Troy, MI 48085

4 beds

2 baths

$2,200

House for rent