The average rent for an apartment in Troy, MI is $1,407 per month.
1 Bedroom Apartments for Rent in Troy, MI
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More Rentals Near Troy, MI
Rental prices in Troy, MI have increased by 0.5% over the past year. The average rent moved from $1,400 to $1,407.
The average rent for an apartment in Troy, MI is $1,407, whereas the average monthly rent in the U.S. is $1,741.
The average rent for an apartment in Troy, MI is $1,407 per month.
A share of 82% of apartments in Troy, MI are in the $1,001-$1,500 price range. Around 14% of Troy’s apartments have monthly rents between $1,501-$2,000. There are 4% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Troy, MI (82%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 4 1 bedroom rentals available on RentCafe. Prices and availability in Troy, MI were last updated on 25 Feb 2026.
The average Troy, MI 1 bedroom apartment size is 787 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.