1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Troy, MI

$1,415/mo

Median asking rent for a 1-bedroom apartment in Troy, Michigan as of July 2026. That's +24% lower than the citywide median of $1,861 and +1% above the national 1-bedroom median of $1,395.

1-Bedroom median
$1,415
July 2026
vs city overall
-24%
$1,861 city median
vs national
+1%
$1,395 US median
Michigan rank
#85
of 91 cities

Income needed for a 1-bedroom in Troy

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$56,600
Monthly gross
$4,717
Hourly (full-time)
$27.21

Rent by apartment size in Troy

Compare Troy's median rent across every apartment size.

Studio
$1,290
1-Bedroom (current)
$1,415
2-Bedroom
$1,795
3-Bedroom
$2,200
4+ Bedroom
$2,380

Cheapest cities for a 1-bedroom in Michigan

#City1-Bedroom rent
1Muskegon Heights$724
2Bay City$730
3Trenton$764
4Flint$785
5Mount Pleasant$820
6Muskegon$820
7Saginaw$820
8Niles$870
9Lansing$887
10Monroe$900
11Midland$905
12Dewitt$910
13Grand Blanc$920
14Mount Clemens$920
15Port Huron$920

Most expensive cities for a 1-bedroom in Michigan

#City1-Bedroom rent
1Birmingham$1,640
2Ann Arbor$1,513
3West Bloomfield$1,490
4Bloomfield Hills$1,490
5Commerce Township$1,460
6Northville$1,440
7Troy (this page)$1,415
8Novi$1,415
9Canton$1,380
10Rochester Hills$1,370
11Grosse Pointe Park$1,370
12New Hudson$1,360
13Farmington Hills$1,340
14Oak Park$1,310
15Royal Oak$1,295

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Troy.

CityDistance1-Bedroom rentvs Troy
Royal Oak, MI3.7 mi$1,295$-120 (-8%)
Madison Heights, MI4.6 mi$1,080$-335 (-24%)
Berkley, MI5 mi$1,290$-125 (-9%)
Birmingham, MI5 mi$1,640+$225 (+16%)
Bloomfield Hills, MI6.3 mi$1,490+$75 (+5%)
Oak Park, MI6.9 mi$1,310$-105 (-7%)
Ferndale, MI7 mi$1,170$-245 (-17%)
Rochester Hills, MI7.1 mi$1,370$-45 (-3%)
Hazel Park, MI7.5 mi$1,140$-275 (-19%)
Sterling Heights, MI8.3 mi$1,133$-282 (-20%)
Rochester, MI8.4 mi$1,134$-281 (-20%)
Warren, MI9.2 mi$1,100$-315 (-22%)

1-Bedroom rent in Troy — common questions

How much is a 1-bedroom apartment in Troy?

As of July 2026, the median 1-bedroom apartment rent in Troy, Michigan is $1,415 per month. This is +24% below the citywide median of $1,861.

What income do you need to afford a 1-bedroom in Troy?

Using the standard 30% rent-to-income rule, you would need an annual income of about $56,600 ($4,717/month gross), which works out to roughly $27.21/hour at a full-time job.

Is Troy expensive for a 1-bedroom compared to the rest of the US?

Troy's 1-bedroom median of $1,415 is +1% above the national 1-bedroom median of $1,395. It ranks in the 51th percentile of US cities tracked.

How does Troy rank for 1-bedroom rent in Michigan?

Among the 91 cities in Michigan with 1-bedroom data, Troy ranks #85 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Troy?

Yes — nearby cities with cheaper 1-bedroom rents include Royal Oak ($1,295), Madison Heights ($1,080), Berkley ($1,290).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Troy, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.