Troy, MI Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,861
1-year change
+0.1%
$1/mo
5-year change
+22.7%
$344/mo
10-year change
+47.0%
$595/mo

Monthly rent trend

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Year-by-year rent in Troy

YearMedian rentYoY changevs 2015
2015$1,227/mo0.0%
2016$1,264/mo+3.0%+3.0%
2017$1,301/mo+2.9%+6.0%
2018$1,328/mo+2.1%+8.2%
2019$1,368/mo+3.0%+11.5%
2020$1,369/mo+0.1%+11.6%
2021$1,469/mo+7.3%+19.7%
2022$1,652/mo+12.5%+34.6%
2023$1,637/mo-0.9%+33.4%
2024$1,717/mo+4.9%+39.9%
2025$1,869/mo+8.9%+52.3%
2026$1,777/mo-4.9%+44.8%

Frequently asked questions

How much has rent in Troy changed since 2015?

Median rent in Troy, MI was $1,200 in 2015-01 and is $1,861 as of 2026-06 — a change of $661 per month over 11 years.

How much has Troy rent increased in the last 5 years?

Over the past 5 years, median rent in Troy, MI has changed +22.7% ($344 per month). The current median is $1,861.

What has rent in Troy done over the past decade?

Over the past 10 years, median rent in Troy, MI has changed +47.0% ($595 per month). It is now $1,861.

Is rent in Troy going up or down year over year?

Year over year, median rent in Troy, MI has increased +0.1% ($1/mo). Current median: $1,861.

See full rent data for Troy, MI
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.