Troy Homes for Rent
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At first we thought we'd have to cram all of our friends into one place. Now, all of my college friends and I live in a nice, big property and it is so much cheaper and more functional. - Troy,MI
Troy Homes for Rent
Troy is full of a lot of great houses and we can help you identify the most suitable one - just use MyNewPlace's home rental search. Single family house, condo, or townhome - you can find the perfect rental home in the most alluring areas of Troy that will suit your housing needs.
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Troy Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 3.2% 8.3% -5.1% $10,000 to $14,999 2.3% 5.8% -3.5% $15,000 to $19,999 2.3% 6.0% -3.7% $20,000 to $24,999 3.0% 6.4% -3.4% $25,000 to $29,999 3.0% 6.2% -3.2% $30,000 to $34,999 2.9% 6.2% -3.3% $35,000 to $39,999 3.6% 5.8% -2.2% $40,000 to $44,999 3.7% 5.7% -2.0% $45,000 to $49,999 3.7% 5.0% -1.3% $50,000 to $59,999 7.5% 9.3% -1.8% $60,000 to $74,999 12.6% 11.2% +1.4% $75,000 to $99,999 16.0% 11.4% +4.6% $100,000 to $124,999 12.6% 5.9% +6.7% $125,000 to $149,999 8.9% 2.7% +6.2% $150,000 to $199,999 7.6% 2.1% +5.5% $200,000 or more 7.0% 2.0% +5.0% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 8.3% 7.5% +0.8% 10.0% to 14.9% 16.1% 13.4% +2.7% 15.0% to 19.9% 18.9% 14.9% +4.0% 20.0% to 24.9% 17.5% 12.4% +5.1% 25.0% to 29.9% 8.5% 10.0% -1.5% 30.0% to 34.9% 7.0% 6.8% +0.2% 35.0% to 39.9% 3.2% 4.7% -1.5% 40.0% to 49.9% 5.7% 6.3% -0.6% 50.0% or more 11.1% 17.4% -6.3% Not computed 3.7% 6.7% -3.0% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 7.7% 14.7% -7.0% 25 to 34 years 31.3% 28.1% +3.2% 35 to 44 years 20.3% 21.0% -0.7% 45 to 54 years 11.9% 14.0% -2.1% 55 to 64 years 7.0% 7.3% -0.3% 65 to 74 years 7.5% 5.9% +1.6% 75 to 84 years 9.8% 6.0% +3.8% 85 years and over 4.5% 2.9% +1.6% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 39.5% 39.2% +0.3% 30 to 44 minutes 30.3% 25.2% +5.1% 45 to 59 minutes 15.7% 13.3% +2.4% 60 or more minutes 14.5% 22.3% -7.8%
Source: 2000 Census
Average Price to Lease a Home Property in Troy, Michigan
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | N/A | N/A | N/A | 0% |
| 3 Bed | $1,539 | N/A | N/A | 0% |
| 4 Bed | $1,750 | N/A | N/A | 0% |
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Houses for Rent in Cities Near Troy, MI
MyNewPlace can help you find the Troy, MI home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Troy, MI.