
Cheap Apartments for Rent in Troy, MI from $300 (129 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


The Alcove Troy

The Gables of Troy

Amber Town Center Townhomes & Lofts

Amber Studios and Lofts

Canterbury Square

Somerset Park Apartments

Sunnymede Apartments - Troy, MI

Buckingham Square Apts and TH
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Detroit, MI Local Expert Tim Brown

Three Oaks Apartments

Cornerstone at Troy Apartments

Zen City Center Apartments

Residences of Troy Apartments - Troy, MI

Uptown Square Apartments

Ranch Apartment Homes in Great Troy Location

Forum Flats Apartments

Rochester Villas

Amber Apartments

Devon Park Apartments

2415 W 14 Mile Rd

Amber's Timber Lodges

Auburn Square Apartments

Charles Hamlet

Edgewood Court North

amber's Broadacre Apartments

Rochester House Apartments

Lexington Village

Sterling Troy Apartments

Campbell Row Apartments

Bristol Village

President Madison Apartments

Oakland Mall Apartments

Madison Park Apartments

Kimberly Club Apartments

Village Club of Rochester Hills

Woodside Apartments

Oakwood Villa Apartments

Amber Landing Townhouses and Lofts

Amber Court Apartments

Maple Road Townes

Spring Hill
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 | $1,496 | $790 | $3,359 |
Cheap Troy 1 Bedroom Apartments | $1,930 | $850 | $5,300 |
Cheap Troy 2 Bedroom Apartments | $2,313 | $931 | $10,000+ |
Cheap Troy 3 Bedroom Apartments | $2,587 | $1,280 | $10,000+ |
Cheap Troy 4 Bedroom Apartments | $4,150 | $4,150 | $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 Studio unit found at Amber Apartments in the Nordwood Estates neighborhood priced from $790. 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 |
---|---|---|---|
Amber Apartments | Athens- Amber Park | Studio,1BA | $790 |
Amber's Timber Lodges | Studio | Studio,1BA | $875 |
Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
Charles Hamlet | One Bedroom | 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 |
Lexington Village | Revere | 1BR,1BA | $955 |
Sterling Troy Apartments | 1 Bedroom | 1BR,1BA | $960 |
Philamer | 1 Bed, 1 bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Troy, MI
As of March 25, 2025 the best value apartment in the Troy area is the $1.16 price per square foot 5326 Falmouth Dr Model at 5326 Falmouth Dr in the in the South Rochester Hills neighborhood starting from $2,795. The second greatest value Troy apartment is the 3969 Trailway Commons Cir Model at 3969 Trailway Commons Cir starting at $2,000 with a $1.12 price per square foot in the Route 59 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. |
---|---|---|---|
5326 Falmouth Dr | 5326 Falmouth Dr | 4BR,2.5BA | $1.16 |
3969 Trailway Commons Cir | 3969 Trailway Commons Cir | 3BR,2.5BA | $1.12 |
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 |
Rochester Villas | 3 Bed | 3BR,1.5BA | $1.31 |
Charles Hamlet | One Bedroom | 1BR,1BA | $1.15 |
Arlington Townhomes & Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.37 |
Sterling Troy Apartments | 2 BEDROOM HALL | 1BR,1BA | $1.33 |
Philamer | 1 Bed, 1 bath | 1BR,1BA | $1.32 |
Rochester House Apartments | One Bedroom | 1BR,1BA | $1.36 |
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.
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 Apartments listed at $790.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $920 at Amber 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 $1,398.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.