Troy, MI Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,854
1-year change
+3.9%
$69/mo
5-year change
+19.1%
$297/mo
10-year change
+41.5%
$544/mo
Monthly rent trend
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Year-by-year rent in Troy
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,238/mo | — | 0.0% |
| 2016 | $1,274/mo | +2.9% | +2.9% |
| 2017 | $1,310/mo | +2.8% | +5.8% |
| 2018 | $1,341/mo | +2.4% | +8.3% |
| 2019 | $1,372/mo | +2.3% | +10.8% |
| 2020 | $1,378/mo | +0.4% | +11.3% |
| 2021 | $1,478/mo | +7.3% | +19.4% |
| 2022 | $1,663/mo | +12.5% | +34.3% |
| 2023 | $1,645/mo | -1.1% | +32.9% |
| 2024 | $1,724/mo | +4.8% | +39.3% |
| 2025 | $1,808/mo | +4.9% | +46.0% |
| 2026 | $1,792/mo | -0.9% | +44.7% |
Frequently asked questions
How much has rent in Troy changed since 2015?
Median rent in Troy, MI was $1,210 in 2015-01 and is $1,854 as of 2026-09 — a change of $644 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 +19.1% ($297 per month). The current median is $1,854.
What has rent in Troy done over the past decade?
Over the past 10 years, median rent in Troy, MI has changed +41.5% ($544 per month). It is now $1,854.
Is rent in Troy going up or down year over year?
Year over year, median rent in Troy, MI has increased +3.9% ($69/mo). Current median: $1,854.