Troy, MI rental market
What is the average rent in Troy, MI?
Last updated April 8, 2026
Rental market summary
The average rent for all bedrooms and all property types in Troy, MI is $2,200.
Average rent
$2,200
Month-over-month change
$0
Year-over-year change
-$200
Available rentals
113
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $690 to $7,250.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $800 | 1 |
| $900 | 1 |
| $1,000 | 5 |
| $1,100 | 5 |
| $1,200 | 1 |
| $1,300 | 7 |
| $1,400 | 5 |
| $1,500 | 5 |
| $1,600 | 5 |
| $1,700 | 6 |
| $1,800 | 5 |
| $1,900 | 6 |
| $2,000 | 8 |
| $2,100 | 12 |
| $2,200 | 12 |
| $2,300 | 12 |
| $2,400 | 9 |
| $2,500 | 5 |
| $2,600 | 3 |
| $2,700 | 6 |
| $2,800 | 9 |
| $2,900 | 6 |
| $3,000 | 3 |
| $3,100 | 2 |
| $3,200 | 3 |
| $3,300 | 2 |
| $3,400 | 7 |
| $3,500 | 6 |
| $3,600 | 1 |
| $3,700 | 1 |
| $3,900 | 1 |
| $4,300 | 1 |
| $4,400 | 2 |
| $4,500 | 1 |
| $5,000+ | 4 |
Average rent price over time
In the last year, rent has decreased by $200 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,300 | $2,395 |
| Feb | $2,313 | $2,300 |
| Mar | $2,400 | $2,275 |
| Apr | $2,400 | $2,300 |
| May | $2,350 | No data |
| Jun | $2,500 | No data |
| Jul | $2,540 | No data |
| Aug | $2,557 | No data |
| Sep | $2,500 | No data |
| Oct | $2,450 | No data |
| Nov | $2,400 | No data |
| Dec | $2,370 | No data |
Market temperature
The Troy, MI rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Troy, MI is 10% higher than the national average.
$2,200
$2,000
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Frequently asked questions
1. What is the average rent in Troy, MI?
2. What is the average rent for a studio apartment in Troy, MI?
3. What is the average rent for a one-bedroom apartment in Troy, MI?
4. What is the average rent for a two-bedroom apartment in Troy, MI?
5. What is the average rent for a three-bedroom apartment in Troy, MI?
6. What is the average rent for a four-bedroom apartment in Troy, MI?
7. How much does it cost to rent a house in Troy, MI?
8. How has the rent in Troy, MI changed in the last year?
9. How much has the rent in Troy, MI increased/decreased in the last month?
10. How many available rentals are there in Troy, MI?
11. How do rent prices in Troy, MI compare with the national average?
Nearby areas
