
Cheap Apartments for Rent in Troy, MI from $300 (127 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


The Alcove Troy

Canterbury Square

Amber Studios and Lofts

Amber Town Center Townhomes & Lofts

Three Oaks Apartments

Buckingham Square Apts and TH

Somerset Park Apartments
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.

Cornerstone at Troy Apartments

Sunnymede Apartments - Troy, MI

Residences of Troy Apartments - Troy, MI

Ranch Apartment Homes in Great Troy Location

Regents Club of Troy

The Phoenix at Troy Crossing Apartments

Forum Flats Apartments

Uptown Square Apartments
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

Amber Apartments

Amber's Timber Lodges

Auburn Square Apartments

Charles Hamlet

Edgewood Court North

amber's Broadacre Apartments

Rochester House Apartments

President Madison Apartments

Sterling Troy Apartments

Warren Club

Campbell Row Apartments

Bristol Village

Bloomfield Orchard

Altitude Apartments East ( Ferndale 28 LLC)

Oakland Mall Apartments

Lexington Village

Oakwood Villa Apartments

333 N Rochester Rd

Kimberly Club Apartments

The Village of Royal Oak Senior Living 55+

Village Club of Rochester Hills

Spring Hill

Madison Park Apartments
Troy, MI Local Guide

How much does it cost to rent an apartment in Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Troy Studio Apartments | $1,450 | $790 | $3,382 |
Cheap Troy 1 Bedroom Apartments | $1,920 | $850 | $5,300 |
Cheap Troy 2 Bedroom Apartments | $2,299 | $980 | $10,000+ |
Cheap Troy 3 Bedroom Apartments | $2,627 | $1,280 | $10,000+ |
Cheap Troy 4 Bedroom Apartments | $3,347 | $2,545 | $4,150 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, MI Local Guide
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Troy Apartments for Rent
 The cheapest available apartment rental in Troy, MI is a 1 Bed unit found at Devon Park Apartments in the Nordwood Estates neighborhood priced from $850. Amber's Timber Lodges in the Nordwood Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here is today’s list of the most affordable Troy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Devon Park Apartments | 1 Bedroom 750 Sq Ft | 1BR,1BA | $850 |
Amber's Timber Lodges | Studio | Studio,1BA | $875 |
Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
Amber Apartments | Swiss 1- Standard | 1BR,1BA | $920 |
Edgewood Court North | Studio | Studio,1BA | $925 |
amber's Broadacre Apartments | Studio | Studio,1BA | $945 |
Rochester House Apartments | One Bedroom | 1BR,1BA | $950 |
Sterling Troy Apartments | 1 Bedroom | 1BR,1BA | $960 |
Warren Club | 1 bed 1 bath | 1BR,1BA | $970 |
Philamer | 1 Bed, 1 bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Troy, MI
As of April 29, 2025 the best value apartment in the Troy area is the $1.23 price per square foot 2 bedroom + den + 2 1/2 bath townhome Model at Amber Oak Townhomes in the in the Birmingham Villas neighborhood starting from $1,895. The second greatest value Troy apartment is the Arlington II - 1st Floor Unit with Private Entr... Model at Ashford Apartments starting at $1,920 with a $1.32 price per square foot in the McGregor neighborhood. Here is today’s list of the best values for Troy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Amber Oak Townhomes | 2 bedroom + den + 2 1/2 bath townhome | 2BR,2.5BA | $1.23 |
Ashford Apartments | Arlington II - 1st Floor Unit with Private Entr... | 2BR,2BA | $1.32 |
Spring Hill | 3 Beds | 2 Baths | 3BR,2BA | $1.13 |
Rochester Villas | 3 Bed | 3BR,1.5BA | $1.34 |
Bloomfield Villas | Dumont | 2BR,2BA | $1.34 |
Charles Hamlet | Two Bedroom | 2BR,2BA | $1.02 |
Oakwood Villa Apartments | 2 Bedroom | 2BR,1BA | $1.30 |
Chatsford Village Apartments | 1 bedroom | 1BR,1BA | $1.34 |
Devon Park Apartments | 1 Bedroom 750 Sq Ft | 1BR,1BA | $1.13 |
Philamer | 1 Bed, 1 bath | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleTroy, MI
Ranked #5
Among cities in Michigan for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, MI Rentals by Map
See the most popular apartments and homes in Troy, MI
Getting Around Troy, MI
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Troy Apartments
What is the Cheapest Studio apartment in Troy?
Currently the most affordable Cheap Studio Apartment in Troy is at Amber's Timber Lodges listed at $875.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $850 at Devon Park Apartments.
What is the lowest price for a Cheap Two Bedroom Troy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Troy is starting from $1,020 at Charles Hamlet.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Spring Hill and starts from $1,358.
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.

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.