Bedroom count
Property type
Last updated on August 13, 2026
Average rent in
Troy, MI
Average rent in
Last updated on August 13, 2026
Bedroom count
Property type
Key takeaways for renters
Where Troy rent stands today
Troy, MI rent is showing mixed signals year over year, with a 4.2% change but also a $15 monthly decrease. The current median rent is $2,500/month, close to the city's peak from October 2025, presenting a complex market picture.
Compared to national trends
Troy's median rent runs roughly 1.3× the $1,925/month national median, placing it in the higher price tier among metros. The market offers 85 total rentals, with a mix of houses, condos, and apartments.
Price ranges
Median rents by bedroom in Troy range from $1,586/month for 1-bed units to $3,295/month for 4+ bedrooms. Studios rent for $2,055/month, 2-bed units for $2,000/month, and 3-bed units for $2,800/month.
What you'll pay
Houses rent for a median of $2,892/month while apartments are at $1,611/month. Houses make up 59.4% of total rentals and apartments 12.0%.
Median rent
Median rent in Troy
$2,500/mo
4%vs previous year
The average rent in Troy is $2,500 per month as of August 2026. This is 30% above the national average rent, or $575 more per month.
average price per square foot
Total rentals
Available rentals in Troy
85
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Troy rentals at each price point
Rent trends in Troy, MI
Average rent prices in Troy have remained the same over the last month and have increased by 4% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Troy, MI
Rent prices in Troy vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Troy is $1,611, whereas a house costs $2,892. 1-bedroom apartments in Troy run $1,586 on average, while 2-bedroom apartments are $1,687.
Listings | ||||
|---|---|---|---|---|
Studio | $2,055 |  2% | 22% | |
1 bedroom | $1,586 | 1% | 1% | |
2 bedroom | $2,000 | 2% | 1% | |
3 bedroom | $2,800 | 2% | 4% | |
4 bedroom | $3,295 | 7% | 4% |
Listings | ||
|---|---|---|
Automall | $1,831 | |
Downtown Troy | $2,775 | |
Maple Road | $2,300 | |
Northfield | $2,400 | |
Rochester Road | $2,750 | |
The Smart Zone | $1,950 | |
The Transit Center | $2,500 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,611 | 1% | No Change | |
Condos | $2,425 | 3% | No Change | |
Houses | $2,892 | 3% | No Change |
Studio
Average rent
$2,055
Last 30 days
2%
Last year
22%
1 bedroom
Average rent
$1,586
Last 30 days
1%
Last year
1%
2 bedroom
Average rent
$2,000
Last 30 days
2%
Last year
1%
3 bedroom
Average rent
$2,800
Last 30 days
2%
Last year
4%
4 bedroom
Average rent
$3,295
Last 30 days
7%
Last year
4%
Downtown Troy
Average rent
$2,775
Rochester Road
Average rent
$2,750
The Transit Center
Average rent
$2,500
The Smart Zone
Average rent
$1,950
Maple Road
Average rent
$2,300
Northfield
Average rent
$2,400
Automall
Average rent
$1,831
Apartments
Average rent
$1,611
Last 30 days
1%
Condos
Average rent
$2,425
Last 30 days
3%
Houses
Average rent
$2,892
Last 30 days
3%
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.
How does rent in Troy, MI compare to other cities?
Compare median rent prices in Troy and Auburn Hills by all bedroom counts and property types.
Troy
30%higher than the national median
10%lower than the national median
Takeaway
The median rent for all rentals in Troy, MI is 44% higher than the median rent in Auburn Hills, MI.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,735
10%$2,850
3%$1,952
44%$1,319
7%$1,500
6%$1,995
4%$1,410
19%$1,345
1%$2,600
22%$2,320
9%$1,400
6%$1,474
11%Cost of living in Troy, MI
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 9% higher |
| Groceries | 1% higher |
| Health | 11% higher |
| Housing | 8% higher |
| Transportation | 3% higher |
| Utilities | 3% lower |
Discover rentals in Troy, MI
2d ago
1071 Rochester Rd, Troy, MI 48083
1–2 beds
1 bath
$975–$1,150
Apartment for rent
3d ago
Condo for rent in Troy
1880 Axtell Dr #2, Troy, MI 48084
2 beds
1 bath
$1,400
Condo for rent
5d+ ago
Condo for rent in Troy
1968 Axtell Dr #3, Troy, MI 48084
2 beds
1 bath
$1,480
Condo for rent
5d+ ago
House for rent in Troy
3 beds
1 bath
$1,550
House for rent
5d+ ago
House for rent in Troy
1431 Provincial Dr, Troy, MI 48084
4 beds
4 baths
$5,000
House for rent
5d+ ago
House for rent in Troy
107 Millstone Dr, Troy, MI 48084
4 beds
3.5 baths
$5,000
House for rent
5d+ ago
House for rent in Troy
Via Toscana St, Troy, MI 48007
4 beds
2.5 baths
$4,800
House for rent
5d+ ago
House for rent in Troy
4 beds
3.5 baths
$4,800
House for rent
2d ago
1071 Rochester Rd, Troy, MI 48083
1–2 beds
1 bath
$975 –$1,150
Apartment for rent
1d ago
2151 E Big Beaver Rd, Troy, MI 48083
Studio–3 beds
1–2 baths
$1,675–$2,530
Apartment for rent
2d ago
2600 Livernois Rd, Troy, MI 48083
1 bed
1 bath
$1,195–$1,345
Apartment for rent
5d+ ago
House for rent in Troy
4 beds
2.5 baths
$3,200
House for rent
7h ago
Verified
4154 3 Oaks Dr, Troy, MI 48098
1–2 beds
1 bath
$1,283–$1,603
Apartment for rent
2d ago
House for rent in Troy
5057 Prentis Dr, Troy, MI 48085
4 beds
2.5 baths
$3,000
House for rent
2d ago
2600 Livernois Rd, Troy, MI 48083
1 bed
1 bath
$1,195–$1,345
Apartment for rent
5d+ ago
House for rent in Troy
2323 E Maple Rd, Troy, MI 48083
4 beds
2.5 baths
$3,000
House for rent
7h ago
Verified
4154 3 Oaks Dr, Troy, MI 48098
1–2 beds
1 bath
$1,283–$1,603
Apartment for rent
5d+ ago
Rochester Road condo for rent in Troy
1220 Alameda Blvd, Troy, MI 48085
3 beds
2 baths
$2,400
Condo for rent
Available Jul 31
2d ago
Downtown Troy house for rent in Troy
3136 Kilmer Dr, Troy, MI 48083
3 beds
2 baths
$2,300
House for rent
2d ago
House for rent in Troy
5057 Prentis Dr, Troy, MI 48085
4 beds
2.5 baths
$3,000
House for rent
Stay up to date with rental market insights
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Frequently asked questions for Troy, MI
Quick answers to common questions about the Troy rental market.
How much is rent in Troy?
The average rent in Troy is $2,500 per month as of August 8, 2026.
Is rent up or down in Troy?
Average rent prices in Troy have remained the same over the last month and have increased by 4% since last year.
How does Troy rent compare to the national average?
Rent in Troy is 30% above the national average, which means renters are paying approximately $575 more per month.
Which neighborhoods are most affordable in Troy?
The most affordable neighborhoods in Troy are Automall ($1,831/mo), The Smart Zone ($1,950/mo), and Maple Road ($2,300/mo).
What salary do I need to afford rent in Troy?
To comfortably afford rent in Troy, you'd need to earn approximately $100,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Troy?
Based on Zumper's July 2026 data, one-bedroom apartments in Troy average approximately $1,500/month and two-bedrooms around $1,940/month.
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).