{
  "schema_version": "1.0",
  "submarket": {
    "slug": "troy-rochester-hills-mi",
    "name": "Troy / Rochester Hills",
    "state": "MI",
    "city": "TROY",
    "cbsa": "Detroit-Warren-Dearborn",
    "zip_codes": [
      "48083",
      "48084",
      "48306",
      "48307"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:00.177Z",
    "last_updated_at": "2026-06-02T13:07:24.528Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1332,
        "low": 1279,
        "high": 1386,
        "mom_pct": -0.8314173228346455,
        "yoy_pct": 5.255669291338583
      },
      "2br": {
        "median": 1620,
        "low": 1539,
        "high": 1701,
        "mom_pct": 2.1197126436781613,
        "yoy_pct": 4.84316091954023
      },
      "3br": {
        "median": 2049,
        "low": 1953,
        "high": 2146,
        "mom_pct": 2.5960526315789476,
        "yoy_pct": 5.5963157894736835
      },
      "4br": {
        "median": 2117,
        "low": 2091,
        "high": 2185,
        "mom_pct": 0.44,
        "yoy_pct": 4.3775
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1270,
        "low": 1251,
        "high": 1289,
        "mom_pct": -5.3933333333333335,
        "yoy_pct": -0.036666666666666875
      },
      "2br": {
        "median": 1801,
        "low": 1756,
        "high": 1846,
        "mom_pct": 1.4338888888888888,
        "yoy_pct": 2.8347222222222226
      },
      "3br": {
        "median": 2258,
        "low": 2186,
        "high": 2330,
        "mom_pct": 2.913888888888889,
        "yoy_pct": 5.507222222222222
      },
      "4br": {
        "median": 2335,
        "low": 2294,
        "high": 2409,
        "mom_pct": 0.6449999999999999,
        "yoy_pct": 3.6
      }
    },
    "single_family": {
      "1br": {
        "median": 1264,
        "low": 1236,
        "high": 1292,
        "mom_pct": 0.7569230769230769,
        "yoy_pct": 5.0576923076923075
      },
      "2br": {
        "median": 1616,
        "low": 1565,
        "high": 1667,
        "mom_pct": 1.6764705882352942,
        "yoy_pct": 4.445294117647059
      },
      "3br": {
        "median": 2191,
        "low": 2081,
        "high": 2300,
        "mom_pct": 6.664,
        "yoy_pct": 6.404545454545454
      },
      "4br": {
        "median": 2454,
        "low": 2393,
        "high": 2515,
        "mom_pct": 0.22640000000000002,
        "yoy_pct": 2.1784
      }
    }
  },
  "vacancy": 3.7743,
  "days_on_market": {
    "apartment": 31,
    "condo_townhome": 31,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "1BR condo rents drop 5.4% MoM",
      "body": "Within Troy / Rochester Hills (48083, 48084, 48306, 48307), 1-bedroom condo/townhome units posted a significant monthly decline of -5.39% to $1,270. This softness contrasted with the almost flat annual performance, which showed a modest -0.04% YoY shift for April 2026."
    },
    {
      "headline": "3BR single-family homes up 6.7% MoM",
      "body": "Compared to apartments in Troy / Rochester Hills (48083, 48084, 48306, 48307), 3-bedroom single-family homes saw a stronger month-over-month increase of 6.66%, reaching $2,191, while 3-bedroom apartments climbed 2.60% to $2,049. The single-family segment outpaced similar apartment units by $142."
    },
    {
      "headline": "4BR condo median rent rises 3.6% YoY",
      "body": "April figures from Troy / Rochester Hills (48083, 48084, 48306, 48307) rental trends indicate that 4-bedroom condos achieved a median rent of $2,335, increasing 3.6% year over year. This YoY growth outperformed 4-bedroom single-family homes, which grew by only 2.18% to $2,454."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Troy / Rochester Hills, MI range from $1,264 to $2,454 per month depending on property type and bedroom count.",
      "The largest year-over-year increase was for 3BR single-family homes in Troy / Rochester Hills, MI, which rose 6.40%.",
      "For 2BR units, apartment rents are $1,620 while single-family homes command $1,616."
    ],
    "qa": [
      {
        "question": "What is the current rent range for homes and apartments in Troy / Rochester Hills, MI?",
        "answer": "As of April 2026, rents in Troy / Rochester Hills, MI range from $1,264 per month for 1BR single-family homes to $2,454 per month for 4BR single-family homes."
      },
      {
        "question": "How much more do single-family rentals cost compared to apartments in Troy / Rochester Hills, MI for the same size?",
        "answer": "For 3BR properties, single-family homes have a median rent of $2,191 while apartments rent for $2,049, a premium of $142 for single-family homes in Troy / Rochester Hills, MI."
      },
      {
        "question": "What is the price gap between condos/townhomes and single-family rentals in Troy / Rochester Hills, MI for the same bedroom count?",
        "answer": "For 4BR units, single-family homes rent for $2,454, while condos/townhomes rent for $2,335, resulting in a $119 premium for single-family homes in April 2026."
      },
      {
        "question": "Which segment saw the fastest annual rent growth in Troy / Rochester Hills, MI and is the growth widespread?",
        "answer": "The biggest annual rent increase was for 3BR single-family homes at 6.40% year-over-year; this property type also saw notable growth across all bedroom counts, with 1BR up 5.06%, 2BR up 4.45%, and 4BR up 2.18%."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1332,
          "2br": 1620,
          "3br": 2049,
          "4br": 2117
        },
        "condo_townhome": {
          "1br": 1270,
          "2br": 1801,
          "3br": 2258,
          "4br": 2335
        },
        "single_family": {
          "1br": 1264,
          "2br": 1616,
          "3br": 2191,
          "4br": 2454
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1344,
          "2br": 1592,
          "3br": 1998,
          "4br": 2108
        },
        "condo_townhome": {
          "1br": 1340,
          "2br": 1757,
          "3br": 2189,
          "4br": 2320
        },
        "single_family": {
          "1br": 1255,
          "2br": 1592,
          "3br": 2030,
          "4br": 2454
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1341,
          "2br": 1602,
          "3br": 2022,
          "4br": 2116
        },
        "condo_townhome": {
          "1br": 1345,
          "2br": 1754,
          "3br": 2196,
          "4br": 2326
        },
        "single_family": {
          "1br": 1253,
          "2br": 1592,
          "3br": 2063,
          "4br": 2479
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1316,
          "2br": 1604,
          "3br": 2017,
          "4br": 2132
        },
        "condo_townhome": {
          "1br": 1338,
          "2br": 1780,
          "3br": 2220,
          "4br": 2345
        },
        "single_family": {
          "1br": 1258,
          "2br": 1603,
          "3br": 2103,
          "4br": 2506
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1317,
          "2br": 1614,
          "3br": 2023,
          "4br": 2148
        },
        "condo_townhome": {
          "1br": 1341,
          "2br": 1812,
          "3br": 2227,
          "4br": 2363
        },
        "single_family": {
          "1br": 1267,
          "2br": 1616,
          "3br": 2116,
          "4br": 2490
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1324,
          "2br": 1613,
          "3br": 2038,
          "4br": 2158
        },
        "condo_townhome": {
          "1br": 1358,
          "2br": 1806,
          "3br": 2250,
          "4br": 2385
        },
        "single_family": {
          "1br": 1276,
          "2br": 1625,
          "3br": 2136,
          "4br": 2501
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1341,
          "2br": 1605,
          "3br": 2041,
          "4br": 2156
        },
        "condo_townhome": {
          "1br": 1371,
          "2br": 1816,
          "3br": 2254,
          "4br": 2398
        },
        "single_family": {
          "1br": 1278,
          "2br": 1630,
          "3br": 2146,
          "4br": 2558
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1323,
          "2br": 1612,
          "3br": 2028,
          "4br": 2145
        },
        "condo_townhome": {
          "1br": 1356,
          "2br": 1879,
          "3br": 2258,
          "4br": 2398
        },
        "single_family": {
          "1br": 1278,
          "2br": 1628,
          "3br": 2146,
          "4br": 2547
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1339,
          "2br": 1608,
          "3br": 2026,
          "4br": 2127
        },
        "condo_townhome": {
          "1br": 1355,
          "2br": 1829,
          "3br": 2250,
          "4br": 2387
        },
        "single_family": {
          "1br": 1271,
          "2br": 1622,
          "3br": 2135,
          "4br": 2548
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1320,
          "2br": 1589,
          "3br": 2021,
          "4br": 2103
        },
        "condo_townhome": {
          "1br": 1336,
          "2br": 1819,
          "3br": 2235,
          "4br": 2363
        },
        "single_family": {
          "1br": 1258,
          "2br": 1608,
          "3br": 2115,
          "4br": 2500
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1307,
          "2br": 1571,
          "3br": 2000,
          "4br": 2078
        },
        "condo_townhome": {
          "1br": 1322,
          "2br": 1816,
          "3br": 2198,
          "4br": 2328
        },
        "single_family": {
          "1br": 1241,
          "2br": 1591,
          "3br": 2083,
          "4br": 2475
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1278,
          "2br": 1561,
          "3br": 1971,
          "4br": 2050
        },
        "condo_townhome": {
          "1br": 1298,
          "2br": 1773,
          "3br": 2160,
          "4br": 2288
        },
        "single_family": {
          "1br": 1221,
          "2br": 1565,
          "3br": 2057,
          "4br": 2443
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/troy-rochester-hills-mi/",
    "self": "https://data.estaite.com/feeds/troy-rochester-hills-mi.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}