2546 Livernois Rd
TroyMI48083
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, MI from $1,000 (6 Rentals)
Cheap Homes in the Downtown Troy area of Troy.
1820 Axtell Dr
TroyMI48084
1924 Axtell Dr, Unit #5
1924 Axtell Dr
TroyMI48084
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.
335 N Eton St
BirminghamMI48009
1796 Graefield Rd
BirminghamMI48009
2723 E Maple Rd
BirminghamMI48009
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.
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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 | $2,380 | $1,095 | $5,500 |
| Downtown Troy 3 Bedroom Homes for Rent | $3,206 | $2,200 | $5,000 |
| Downtown Troy 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 May 04, 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 3 BED 1.5 BATH TOWNH Model at Charter Square starting at $2,010 with a $1.83 price per square foot in the Downtown Troy 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 |
| Charter Square | 3 BED 1.5 BATH TOWNH | 3BR,1.5BA | $1.83 |
| ONE11 COLLECTION - BIRMINGHAM WEST | 2BR/1.0BA | 2BR,1BA | $1.79 |
| Sunnymede Apartments - Troy, MI | Solstice | 1BR,1BA | $1.70 |
| Maple Road Townes | 2BR/1BA | 2BR,1BA | $1.74 |
| Woodland Gardens | 2 BEDROOM 1 BATH | 2BR,1BA | $1.59 |
| Buckingham Square Apts and TH | 1x1 800 | 1BR,1BA | $1.63 |
| The Gables of Troy | The Brooks 1 bed 1 bath | 1BR,1BA | $1.65 |
| Three Oaks Apartments | 1 Bdrm 1 Bath | 1BR,1BA | $1.66 |
| 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 77 Apartments for Rent in Downtown Troy, MI with pricing that ranges from $490 to $4,863. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $1,095 to $5,500.
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 $1,095 to $5,500 with an average monthly rent of $2,246.
How much are larger Three and Four Bedroom Rentals in Downtown Troy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Troy range from $1,575 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $4,150.
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.
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.
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.