The rental market in Troy, MI is thriving, with plenty of options for both short and long-term tenants. The city offers great schools, beautiful neighborhoods, and a variety of housing options to fit any budget. Additionally, Troy is a safe city, with low crime rates, making it an attractive choice for potential renters.
Troy is home to several excellent school districts, such as Troy School District, Avondale School District, and Birmingham Public Schools. These districts are known for their excellent academics, and all offer a variety of extracurricular activities. Additionally, Troy is home to three universities, Oakland University, Lawrence Technological University, and Walsh College, making it a great option for students.
Troy's neighborhoods are varied and attractive, with something to suit every taste. Whether you're looking for a suburban oasis, a cozy condo, or a more urban lifestyle, Troy has you covered. Some of the most popular neighborhoods in Troy include the Village of Bloomfield, the City of Troy, and the City of Birmingham.
The average rent prices in Troy vary depending on the neighborhood, but they are generally quite affordable. The average rent for a one-bedroom apartment is around $1,100, and two-bed
The average rental price of an apartment in Troy, MI is $1,139, the average rental price of a townhouse is $1,785, the average rental price of a condo is $1,454, the average rental price of a loft is $1,158, and the average rental price of a single family home is $2,068.
Rental prices in Troy, MI have increased significantly in the last 5 years. According to Zillow, the median rent for a 1-bedroom apartment in Troy was $1,099 in March 2016, and has risen to $1,400 in March 2021, a 27.3% increase. For a 2-bedroom apartment, the median rent was $1,349 in March 2016 and has risen to $1,700 in March 2021, a 26.2% increase.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Troy, MI are as follows:
1-bedroom: $1,150
2-bedroom: $1,450
3-bedroom: $1,750
Troy School District is one of the most successful districts in Michigan and is ranked among the highest in the United States. It has consistently scored in the top 5% of all public school districts in the nation and is ranked as one of the top school districts in the country. Troy students consistently score higher on state and national assessments than the national average. Additionally, Troy has a strong commitment to providing a quality education and is highly rated for its safety and its robust extracurricular activities.
1. Oakland/Big Beaver
2. Northfield/Long Lake
3. Eastside
4. Downtown
5. South Troy/Westvil/Mentor
1. Troy Country Club Estates
2. The Hills of Troy
3. Troy Woods
4. Silverleaf Estates
5. Oak Valley Estates