Troy, MI Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,877
1-year change
+0.8%
$14/mo
5-year change
+23.4%
$356/mo
10-year change
+46.8%
$598/mo
Monthly rent trend
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Year-by-year rent in Troy
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,227/mo | — | 0.0% |
| 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 $1,877 as of 2026-07 — a change of $677 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 +23.4% ($356 per month). The current median is $1,877.
What has rent in Troy done over the past decade?
Over the past 10 years, median rent in Troy, MI has changed +46.8% ($598 per month). It is now $1,877.
Is rent in Troy going up or down year over year?
Year over year, median rent in Troy, MI has increased +0.8% ($14/mo). Current median: $1,877.