
Cheap Homes for Rent in New Troy, MI from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in New Troy.


121 S 3rd St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1739 Broadway St, Unit C

1739 Broadway St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

122 S 3rd St

19904 Claffey St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1410 Joyce Dr

50860 State Hwy 933
New Troy, MI Local Guide

How much does it cost to rent a home in New Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Troy 2 Bedroom Homes for Rent | $1,369 | $1,050 | $1,800 |
New Troy 3 Bedroom Homes for Rent | $1,621 | $1,300 | $2,000 |
New Troy 4 Bedroom Homes for Rent | $3,050 | $3,000 | $3,100 |
Browse Top Homes for Rent in New Troy
Explore New Troy
New Troy, MI Local Guide
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Cheapest Available New Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in New Troy, MI is a Studio unit found at Lakecrest Apartments priced from $765. Briarwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $789. Here is today’s list of the most affordable New Troy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lakecrest Apartments | Dinghy | Studio,1BA | $765 |
Briarwood Apartments | One Bedroom | 1BR,1BA | $789 |
Park Manor Apartments | One Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in New Troy, MI and Nearby
As of May 17, 2025 the best value apartment in the New Troy area is the $0.58 price per square foot 3x3 Model at University Edge in the in the Council Oak neighborhood starting from $725. The second greatest value New Troy apartment is the Courts two bedroom upgraded Model at The Courts and Royal Oaks Apartments LLC starting at $1,125 with a $1.04 price per square foot in the Brinkmans neighborhood. Here is today’s list of the best values for New Troy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
University Edge | 3x3 | 3BR,3BA | $0.58 |
The Courts and Royal Oaks Apartments LLC | Courts two bedroom upgraded | 2BR,2BA | $1.04 |
Legacy on Main | Two Bedroom | 2BR,1BA | $1.33 |
Emerald Pointe Apartments | Two Bedroom | 2BR,1.5BA | $1.24 |
Coolspring Estates Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.10 |
Irish Row | 2X2 | 2BR,2BA | $1.01 |
Castle Point | Andorra | 1BR,1BA | $1.43 |
Long Beach Cove Villa Apartments | WAITLIST APPLICATION - 1 BEDROOM | 1BR,1BA | $1.36 |
Indian Springs Apartments | THE OSCEOLA | 1BR,1BA | $1.33 |
Briarwood Apartments | One Bedroom | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about New Troy
What type of rentals are currently available in New Troy?
There are currently 41 Apartments for Rent in New Troy, MI with pricing that ranges from $725 to $4,230. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Troy ranging from $675 to $3,100.
What is the current price range for Rental Homes in New Troy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Troy ranges from $675 to $3,100 with an average monthly rent of $1,718.
How much are larger Three and Four Bedroom Rentals in New Troy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Troy range from $725 to $4,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $949.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.