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.
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Rent Specials
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Note: Based on community-supplied data and independent market research. Subject to change without notice.
