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Average Rent in Troy 48083 & Rent Trends

What is the average rent in Troy 48083?

The average listed apartment rent in Troy 48083 is $2,052 per month, as of November 9, 2026. This sample includes 21 priced apartments in 1 building. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 1 apartment community in Troy 48083, Troy, MI. Prices update after successful source checks.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing any bedrooms in Troy 48083.

Market Average

$2,052/mo

Lowest Available

$1,682/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

21

available now

Troy 48083 vs Troy, MI Average

Troy 48083 is the same price as the Troy, MI average . The citywide average is $2,052/mo across all neighborhoods.

Is Rent Going Up or Down in Troy 48083?

As of November 2026, the average rent in Troy 48083 is $2,052 per month across 1 apartment community and 21 available units.

The most affordable option is Uptown Square Apartments starting at $1,682/mo. By unit type, a studio averages $1,721/mo, a 1-bedroom averages $1,909/mo, a 2-bedroom averages $2,480/mo, a 3-bedroom averages $2,620/mo.

Prices range from $1,682 to $2,620 per month. The most common price point is the $1,800 range, where 10 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Troy 48083

Studio
$1,721
from $1,682 · 3 units
1 Bed
$1,909
from $1,754 · 12 units
2 Bed
$2,480
from $2,249 · 5 units
3 Bed
$2,620
from $2,620 · 1 units

Rent Prices by Apartment in Troy 48083

Property Starting at Average Units Rating
Uptown Square Apartments $1,682/mo $2,052/mo 21 4.8

Frequently Asked Questions About Rent in Troy 48083

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What is the average rent in Troy 48083?
The average listed apartment rent in Troy 48083 is $2,052 per month, as of November 9, 2026. This sample includes 21 priced apartments in 1 building. These are tracked asking prices, not signed leases.

What rent range can I find in Troy 48083?
The apartment listings we track in Troy 48083 range from $1,682 to $2,620 per month, as of November 9, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Troy 48083?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Troy 48083. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a studio apartment in Troy 48083?
Studio apartments average $1,721 per month across 3 priced listings in Troy 48083. Listed rents range from $1,682 to $1,750 per month, as of November 9, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Troy 48083?
1-bedroom apartments average $1,909 per month across 12 priced listings in Troy 48083. Listed rents range from $1,754 to $1,994 per month, as of November 9, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Troy 48083?
2-bedroom apartments average $2,480 per month across 5 priced listings in Troy 48083. Listed rents range from $2,249 to $2,617 per month, as of November 9, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Troy 48083?
3-bedroom apartments average $2,620 per month across 1 priced listing in Troy 48083. Listed rents range from $2,620 to $2,620 per month, as of November 9, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Troy 48083?
The 1-bedroom average is $1,909 per month across 12 listings. The 2-bedroom average is $2,480 across 5 listings, $571 (29.9%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Troy 48083?
Uptown Square Apartments has the lowest starting rent among the buildings in the comparison table, at $1,682 per month. We track 21 priced listings matching your bedroom choice in that building, as of November 9, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Troy 48083?
The $1,800 to $2,000 monthly range has the most matching listings: 10 units, or 47.6% of the priced apartments we track in Troy 48083. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Troy 48083?
We track 21 priced units at 1 apartment building, as of November 9, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Troy 48083?
We do not yet have enough accepted price records to draw a history chart for apartment listings in Troy 48083. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Troy 48083?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Troy 48083 rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 9, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in Troy 48083?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$82,000/year

Based on the 30 percent rule, using our tracked average rent of $2,052/mo.

Comfortable income

$98,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,682/mo), you need to earn at least $67,000/year.

Median household income in Troy 48083 is $119,299 , about 21% above the comfortable-living threshold.

Explore Troy 48083 Apartments

Browse all 1 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Troy 48083

Overall prices in Troy 48083 runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Troy 48083's regional price parities.

Category Monthly estimate
Rent (market average) $2,052
Utilities $400
Groceries $529
Transportation $954
Healthcare $466
Other goods and services $745
Estimated total $5,146/mo

Population

87,307

Median household income

$119,299

Census median rent

$1,557/mo

Census rent burden

25.9%

Median age

42.2

Mean commute

25 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
Michigan Rent Trends
Compare rent across all Michigan cities
Explore Troy, MI on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Troy, MI rents stack up against the national median

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