1820 Axtell Dr
TroyMI48084
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, MI from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.
311 N Eton St
BirminghamMI48009
1796 Graefield Rd
BirminghamMI48009
655 S Eton St
BirminghamMI48009
655 N Eton St
BirminghamMI48009
116 Essex St
ClawsonMI48017
2230 W 14 Mile Rd
Royal OakMI48073
2723 E Maple Rd
BirminghamMI48009
1608 Graefield Rd, Unit 89
1608 Graefield Rd
BirminghamMI48009
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Downtown Troy, Troy, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Troy 2 Bedroom Homes for Rent | $1,899 | $1,300 | $2,300 |
| Downtown Troy 3 Bedroom Homes for Rent | $2,499 | $1,800 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, MI.
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Cheapest Available Downtown Troy Apartments for Rent
The cheapest available apartment rental in the Downtown Troy area of Detroit, MI is a Studio unit found at Amber's Timber Lodges priced from $875. Amber Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Downtown Troy apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber's Timber Lodges | Studio | Studio,1BA | $875 |
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio,1BA | $895 |
| amber's Broadacre Apartments | Studio | Studio,1BA | $945 |
Best Value Apartments for Rent in Downtown Troy, MI
As of March 27, 2025 the best value apartment in the Downtown Troy area is the $1.80 price per square foot Radnor Model at 516 North Main Apartments in the in the Osborne neighborhood starting from $2,299. The second greatest value Downtown Troy apartment is the 2BR/1.0BA Model at ONE11 COLLECTION - BIRMINGHAM WEST starting at $1,795 with a $1.80 price per square foot in the Birmingham Villas neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 516 North Main Apartments | Radnor | 2BR,2BA | $1.80 |
| ONE11 COLLECTION - BIRMINGHAM WEST | 2BR/1.0BA | 2BR,1BA | $1.80 |
| Charter Square | 2 BED 1.5 BATH LARGE | 2BR,1.5BA | $1.50 |
| Three Oaks Apartments | 1 Bdrm 1 Bath Den | 1BR,1BA | $1.60 |
| Sunnymede Apartments - Troy, MI | Solstice | 1BR,1BA | $1.53 |
| Maple Road Townes | 2BR/1BA | 2BR,1BA | $1.74 |
| Buckingham Square Apts and TH | 1x1 800 | 1BR,1BA | $1.63 |
| The Gables of Troy | The Brooks 1 bed 1 bath | 1BR,1BA | $1.44 |
| Woodland Gardens | 1 BEDROOM 1 BATH | 1BR,1BA | $1.61 |
| Amber Creek Apartments | Studio (Tahoe/Ventura) | Studio ,1BA | $1.81 |
Frequently Asked Questions about Downtown Troy
What type of rentals are currently available in Downtown Troy?
There are currently 78 Apartments for Rent in Downtown Troy, MI with pricing that ranges from $875 to $4,931. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $1,300 to $4,000.
What is the current price range for Rental Homes in Downtown Troy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Troy ranges from $1,300 to $4,000 with an average monthly rent of $1,966.
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.