Bedroom count
Property type
Last updated on June 29, 2026
Average rent in
Troy, MI
Average rent in
Last updated on June 29, 2026
Bedroom count
Property type
Key takeaways for renters
Where Troy rent stands today
Troy, MI rent rose 2.1% year over year, with a current median of $2,400/month. Renters are paying roughly the same month to month and $8 more per month on average than last year, a modest increase in this market.
Compared to national trends
Troy rents run 23.1% more expensive than the $1,950/month national median, placing Troy, MI in the higher price tier among metros with 82 total rentals available.
Price ranges
Studio rents in Troy sit around $1,770/month, 1-bedrooms at $1,586/month, 2-bedrooms at $2,100/month, and 3-bedrooms at $2,800/month, with 4+ bedrooms reaching $3,200/month. Houses rent for a median of $2,800/month while apartments are at $1,618/month, reflecting distinct price tiers.
Neighborhood spotlight
Downtown Troy rents climbed 44.2% year over year to $2,775/month across 20 rentals, contrasting with the citywide 2.1% rise. The Smart Zone saw a decline of -24.1% to $1,290/month, showing divergent neighborhood trends in Troy.
Median rent
Median rent in Troy
$2,400/mo
2%vs previous year
The average rent in Troy is $2,400 per month as of June 2026. This is 23% above the national average rent, or $450 more per month.
average price per square foot
Total rentals
Available rentals in Troy
82
for rent on Zumper.com as of June 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 2% 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 $1,618, whereas a house costs $2,800. 1-bedroom apartments in Troy run $1,586 on average, while 2-bedroom apartments are $1,782.
Listings | ||||
|---|---|---|---|---|
Studio | $1,770 | 4% |  32% | |
1 bedroom | $1,586 | 4% | 3% | |
2 bedroom | $2,100 | 2% | 4% | |
3 bedroom | $2,800 | 1% | 4% | |
4 bedroom | $3,200 | 3% | 1% |
Listings | ||
|---|---|---|
Automall | $1,890 | |
Downtown Troy | $2,775 | |
Maple Road | $2,000 | |
Northfield | $2,500 | |
Rochester Road | $2,480 | |
The Smart Zone | $1,290 | |
The Transit Center | $2,500 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,618 | 1% | No Change | |
Condos | $2,525 | No Change | No Change | |
Houses | $2,800 | 3% | No Change |
Studio
Average rent
$1,770
Last 30 days
4%
Last year
32%
1 bedroom
Average rent
$1,586
Last 30 days
4%
Last year
3%
2 bedroom
Average rent
$2,100
Last 30 days
2%
Last year
4%
3 bedroom
Average rent
$2,800
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$3,200
Last 30 days
3%
Last year
1%
Downtown Troy
Average rent
$2,775
Rochester Road
Average rent
$2,480
The Transit Center
Average rent
$2,500
The Smart Zone
Average rent
$1,290
Northfield
Average rent
$2,500
Automall
Average rent
$1,890
Maple Road
Average rent
$2,000
Apartments
Average rent
$1,618
Last 30 days
1%
Condos
Average rent
$2,525
Last 30 days
No Change
Houses
Average rent
$2,800
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
23%higher than the national median
14%lower than the national median
Takeaway
The median rent for all rentals in Troy, MI is 43% higher than the median rent in Auburn Hills, MI.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,675
3%$2,800
5%$2,250
19%$1,266
3%$1,500
7%$1,750
12%$1,410
20%$1,392
7%$2,650
20%$2,275
11%$1,499
13%$1,471
6%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
2 beds
1 bath
$1,023
Apartment for rent
5d+ ago
Condo for rent in Troy
1820 Axtell Dr #1, Troy, MI 48084
2 beds
1 bath
$1,300
Condo for rent
Available Jun 8
5d+ ago
House for rent in Troy
3 beds
1 bath
$1,550
House for rent
3d ago
2504 John R Rd, Troy, MI 48083
2 beds
1 bath
$1,600
Apartment for rent
5d+ ago
House for rent in Troy
5842 Niles Dr, Troy, MI 48098
3 beds
2.5 baths
$3,600
House for rent
Available Jun 21
5d+ ago
Downtown Troy condo for rent in Troy
3 beds
2.5 baths
$3,500
Condo for rent
5d+ ago
House for rent in Troy
3 beds
3.5 baths
$3,500
House for rent
5d+ ago
Condo for rent in Troy
3 beds
3 baths
$3,500
Condo for rent
2d ago
1071 Rochester Rd, Troy, MI 48083
2 beds
1 bath
$1,023
Apartment for rent
1h ago
2151 E Big Beaver Rd, Troy, MI 48083
Studio–3 beds
1–2 baths
$1,675–$2,530
Apartment for rent
2d ago
House for rent in Troy
5844 Niles Dr, Troy, MI 48098
3 beds
2.5 baths
$2,250
House for rent
5d+ ago
2600 Livernois Rd, Troy, MI 48083
1 bed
1 bath
$1,195
Apartment for rent
2d ago
Verified
4154 3 Oaks Dr, Troy, MI 48098
1–2 beds
1 bath
$1,338–$1,618
Price drop
Apartment for rent
5d+ ago
2600 Livernois Rd, Troy, MI 48083
1 bed
1 bath
$1,195
Apartment for rent
5d+ ago
House for rent in Troy
1880 Welling Dr, Troy, MI 48085
4 beds
2.5 baths
$3,000
House for rent
5d+ ago
The Transit Center condo for rent in Troy
1449 Ashford Ct #1449, Troy, MI 48084
2 beds
3 baths
$2,250
Condo for rent
Available Jul 1
2d ago
Verified
4154 3 Oaks Dr, Troy, MI 48098
1–2 beds
1 bath
$1,338–$1,618
Price drop
Apartment for rent
1h ago
2151 E Big Beaver Rd, Troy, MI 48083
Studio–3 beds
1–2 baths
$1,675–$2,530
Apartment for rent
2d ago
House for rent in Troy
5844 Niles Dr, Troy, MI 48098
3 beds
2.5 baths
$2,250
House for rent
3d ago
2504 John R Rd, Troy, MI 48083
2 beds
1 bath
$1,600
Apartment for rent
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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 $2,400 per month as of June 27, 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 2% since last year.
How does Troy rent compare to the national average?
Rent in Troy is 23% above the national average, which means renters are paying approximately $450 more per month.
Which neighborhoods are most affordable in Troy?
The most affordable neighborhoods in Troy are The Smart Zone ($1,290/mo), Automall ($1,890/mo), and Maple Road ($2,000/mo).
What salary do I need to afford rent in Troy?
To comfortably afford rent in Troy, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Troy?
Troy's 2025 rental market shows 1-bedroom apartments averaging around $1,500 per month, while 2-bedroom units rent for around $1,900 monthly. These figures represent the current market rates across the city's available inventory.
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).