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  2. Building Photo - 5131 Buckingham
    3 BEDS, 1.5 BATHS
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    5131 Buckingham Unit 1

    5131 Buckingham, Troy, MI 48098
    Apply
  3. Building Photo - 537 Randall Dr
    3 BEDS, 2 BATHS
    $2,550
    Total Monthly Price Total Monthly Price New
    Base Rent$2,550
    Required Monthly FeesNone
    Total Monthly Price$2,550

    537 Randall Dr

    537 Randall Dr, Troy, MI 48085
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  4. 4 BEDS, 2.5 BATHS
    $3,600
    Total Monthly Price Total Monthly Price New
    Base Rent$3,600
    Required Monthly FeesNone
    Total Monthly Price$3,600

    1027 Congress Dr

    1027 Congress Dr, Troy, MI 48085
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  5. 3 BEDS, 2 BATHS
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400

    1220 Alameda Blvd

    1220 Alameda Blvd, Troy, MI 48085
    Apply
  6. 2 BEDS, 1.5 BATHS
    $1,700
    Total Monthly Price Total Monthly Price New
    Base Rent$1,700
    Required Monthly FeesNone
    Total Monthly Price$1,700

    335 N Eton St Unit 25B

    335 N Eton St, Birmingham, MI 48009
    Apply
  7. 2 BEDS, 1.5 BATHS
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    323 N Eton St Unit G

    323 N Eton St, Birmingham, MI 48009
    Apply
  8. 3 BEDS, 1.5 BATHS
    $2,125
    Total Monthly Price Total Monthly Price New
    Base Rent$2,125
    Required Monthly FeesNone
    Total Monthly Price$2,125

    32447 Hawthorne Dr

    32447 Hawthorne Dr, Warren, MI 48092
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  9. 2 BEDS, 1.5 BATHS
    $1,650
    Total Monthly Price Total Monthly Price New
    Base Rent$1,650
    Required Monthly FeesNone
    Total Monthly Price$1,650

    437 N Eton St Unit 403

    437 N Eton St, Birmingham, MI 48009
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  10. 2 BEDS, 2 BATHS
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    102 Nakota St

    102 Nakota St, Clawson, MI 48017
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  11. 3 BEDS, 2 BATHS
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    430 S Webik Ave

    430 S Webik Ave, Clawson, MI 48017
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  12. 4 BEDS, 1.5 BATHS
    $3,250
    Total Monthly Price Total Monthly Price New
    Base Rent$3,250
    Required Monthly FeesNone
    Total Monthly Price$3,250

    1050 Brooklawn Dr

    1050 Brooklawn Dr, Troy, MI 48084
  13. 2 BEDS, 1 BATH
    $1,625
    Total Monthly Price Total Monthly Price New
    Base Rent$1,625
    Required Monthly FeesNone
    Total Monthly Price$1,625

    5923 Niles Dr Unit 11/2022

    5923 Niles Dr, Troy, MI 48098
  14. 2 BEDS, 2 BATHS
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    1059 Alameda Blvd Unit 1059 Alameda

    1059 Alameda Blvd, Troy, MI 48085
  15. 2 BEDS, 2 BATHS
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400

    1159 Beaver Run Unit #22

    1159 Beaver Run, Troy, MI 48083
  16. 2 BEDS, 2 BATHS
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    1493 E 14 Mile Rd

    1493 E 14 Mile Rd, Birmingham, MI 48009
  17. 2 BEDS, 1 BATH
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    1620 Graefield Rd

    1620 Graefield Rd, Birmingham, MI 48009
  18. 3 BEDS, 1 BATH
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400

    52 Elmsford Dr

    52 Elmsford Dr, Clawson, MI 48017
  19. 1 BED, 1 BATH
    $1,350
    Total Monthly Price Total Monthly Price New
    Base Rent$1,350
    Required Monthly FeesNone
    Total Monthly Price$1,350

    1723 E 14 Mile Rd Unit D

    1723 E 14 Mile Rd, Birmingham, MI 48009

Living & Renting in Troy

Troy at a Glance

Average Rent

$1,473
(All bedrooms and property types)
Learn more about
Average Rent in Troy
8

School Rating

out of 10 Rating
Learn more about
Schools in Troy

Troy, MI Apartments for Rent

Troy is the largest community in Oakland County and serves as a major business hub for automotive and financial companies in the Detroit metropolitan area. Renters will find a range of housing options in this northern suburb, from modern apartment communities along the Big Beaver corridor to residences near the historic Troy Corners district. With a median household income of over $114,000, the city offers a stable rental market with average rents around $1,421 for one-bedroom apartments and $1,671 for two-bedroom units.

Renting in Troy provides convenient access to both employment centers and entertainment. The Somerset Collection, an upscale shopping destination featuring over 180 retailers connected by a glass-enclosed skywalk, offers extensive retail and dining options. Major highways provide easy commutes to downtown Detroit, located about 22 miles south, as well as to other Oakland County employment hubs. The city maintains several parks and recreation facilities, including the Lloyd A. Stage Nature Center and the Troy Historic Village, which preserves 19th-century buildings. Renters also benefit from proximity to office parks, restaurants, and cultural attractions throughout this established suburban community.

Why Troy?

  • Troy has been named one of the safest cities in the nation and a top place to live.
  • The Troy Historical Museum contains 10 original, complete buildings and artifacts dating back to the first settlers.
  • Several businesses call Troy home, including Bank of America and PNC Financial.
  • The Troy School District has an impressive graduation rate and many national blue-ribbon schools.
  • Troy’s impressive park system includes tennis courts, golf courses, a nature center, and playgrounds.
  • Cranbrook is a 319-acre National Historic Landmark campus open for guided and self-guided tours.

Renting in Troy

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Troy

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
Troy High School

Public High School

Public
Grades 9-12
1,994 Students
GreatSchools Rating
Athens High School

Public High School

Public
Grades 9-12
1,451 Students
GreatSchools Rating
Larson Middle School

Public Middle School

Public
Grades 6-8
858 Students
GreatSchools Rating
Boulan Park Middle School

Public Middle School

Public
Grades 6-8
824 Students
GreatSchools Rating
Baker Middle School

Public Middle School

Public
Grades 6-8
613 Students
GreatSchools Rating
Smith Middle School

Public Middle School

Public
Grades 6-8
589 Students
GreatSchools Rating
Hamilton Elementary School

Public Elementary School

Public
Grades K-5
467 Students
GreatSchools Rating
Schroeder Elementary School

Public Elementary School

Public
Grades K-5
425 Students
GreatSchools Rating
Leonard Elementary School

Public Elementary School

Public
Grades K-5
421 Students
GreatSchools Rating
Bemis Elementary School

Public Elementary School

Public
Grades K-5
409 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Troy

Specialty Housing

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Troy Apartments for Rent in Your Budget

Frequently asked questions about renting in Troy, MI

What are the average rent costs in Troy, MI?

The average rent in Troy, MI is $1,473.

What are the average rent costs of a studio apartment in Troy, MI?

The average rent for a studio apartment in Troy, MI is $1,493.

What are the average rent costs of a one bedroom apartment in Troy, MI?

The average rent for a 1 bedroom apartment in Troy, MI is $1,473.

What are the average rent costs of a two bedroom apartment in Troy, MI?

The average rent for a 2 bedroom apartment in Troy, MI is $1,761.

What are the average rent costs of a three bedroom apartment in Troy, MI?

The average rent for a 3 bedroom apartment in Troy, MI is $2,419.

What are the average rent costs of a four bedroom apartment in Troy, MI?

The average rent for a 4 bedroom apartment in Troy, MI is $4,275.

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