Troy / Rochester Hills, MI Rental Market Data

As of August 2026, rental prices in Troy / Rochester Hills, MI range from $1,313 to $2,630 per month depending on property type and bedroom count.

The largest year-over-year increase is seen in single-family 3BR units, which rose 7.34%.

For 2-bedroom homes, condo/townhome rents are $1,913 compared to $1,647 for single-family properties.

What is the current range of median rents in Troy / Rochester Hills, MI?

In August 2026, the overall rent range in Troy / Rochester Hills, MI runs from $1,313 for a 1BR apartment up to $2,630 for a 4BR single-family home.

How do rents for condos/townhomes compare with single-family homes for the same bedroom count in Troy / Rochester Hills, MI?

For 3BR units, median rent is $2,308 for condos/townhomes and $2,305 for single-family homes, a $3 premium for condos/townhomes; for 4BR units, condos/townhomes rent at $2,481 compared to $2,630 for single-families, a $149 premium for single-family homes.

What is the rent difference between apartments and condos for the same number of bedrooms in Troy / Rochester Hills, MI?

For 2BR units, apartments have a median rent of $1,675 while condos/townhomes rent for $1,913, a $238 difference; for 1BR units, apartments are $1,313 and condos/townhomes are $1,374, so condos/townhomes are $61 higher.

Which segment saw the highest annual growth in rent, and was that growth broad-based in Troy / Rochester Hills, MI?

Single-family 3BR units experienced the largest annual increase, rising 7.34% year-over-year to $2,305, and single-family rents rose in all bedroom counts, indicating broad-based growth for this property type.

Troy / Rochester Hills, MI

August 2026

48083,48084,48306,48307

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,293 – $1,332	-4.38%	-1.80%
2-Bedroom	$1,621 – $1,728	2.88%	4.02%
3-Bedroom	$2,037 – $2,172	1.69%	3.93%
4-Bedroom	$2,180 – $2,293	1.48%	4.85%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,353 – $1,395	0.38%	1.28%
2-Bedroom	$1,823 – $2,003	0.27%	4.19%
3-Bedroom	$2,234 – $2,382	-0.05%	3.28%
4-Bedroom	$2,425 – $2,560	1.65%	4.20%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,311 – $1,360	1.35%	5.03%
2-Bedroom	$1,606 – $1,688	-1.31%	1.69%
3-Bedroom	$2,190 – $2,420	0.86%	7.34%
4-Bedroom	$2,493 – $2,766	-0.55%	4.57%

Data updated: September 23, 2026

Troy / Rochester Hills Rental Trends

In the Troy / Rochester Hills (48083, 48084, 48306, 48307) rental market, 2-bedroom condos and townhomes saw notable annual growth, reaching a median rent of $1,930 with a year-over-year increase of 4.85%. This segment exceeded both apartment (3.60% YoY) and single-family (3.46% YoY) 2BR rents in annual percentage gains for July 2026.

Across property types in Troy / Rochester Hills (48083, 48084, 48306, 48307), 1-bedroom condos and townhomes saw the largest month-over-month rent increase, rising 5.29% to $1,374. By comparison, 1BR apartments edged up 0.64% to $1,385, highlighting a substantial short-term advantage for condos in this segment.

Annual growth for 3-bedroom single-family homes stood out as Troy / Rochester Hills (48083, 48084, 48306, 48307) rental trends indicate an 8.54% year-over-year increase, with the median reaching $2,327. This performance surpassed 3BR apartments ($2,084, +2.6% YoY) and 3BR condos ($2,302, +3.76% YoY), quantifying the highest annual gain among all 3BR segments.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,313	$1,675	$2,105	$2,222
July 2026	$1,385	$1,639	$2,084	$2,199
June 2026	$1,368	$1,595	$2,073	$2,169
May 2026	$1,289	$1,656	$2,024	$2,139
April 2026	$1,332	$1,620	$2,049	$2,117
March 2026	$1,344	$1,592	$1,998	$2,108
February 2026	$1,341	$1,602	$2,022	$2,116
January 2026	$1,316	$1,604	$2,017	$2,132
December 2025	$1,317	$1,614	$2,023	$2,148
November 2025	$1,324	$1,613	$2,038	$2,158
October 2025	$1,341	$1,605	$2,041	$2,156
September 2025	$1,323	$1,612	$2,028	$2,145

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,374	$1,913	$2,308	$2,481
July 2026	$1,374	$1,930	$2,302	$2,461
June 2026	$1,308	$1,893	$2,278	$2,447
May 2026	$1,358	$1,847	$2,261	$2,367
April 2026	$1,270	$1,801	$2,258	$2,335
March 2026	$1,340	$1,757	$2,189	$2,320
February 2026	$1,345	$1,754	$2,196	$2,326
January 2026	$1,338	$1,780	$2,220	$2,345
December 2025	$1,341	$1,812	$2,227	$2,363
November 2025	$1,358	$1,806	$2,250	$2,385
October 2025	$1,371	$1,816	$2,254	$2,398
September 2025	$1,356	$1,879	$2,258	$2,398

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,331	$1,647	$2,305	$2,630
July 2026	$1,318	$1,663	$2,327	$2,628
June 2026	$1,299	$1,655	$2,233	$2,627
May 2026	$1,278	$1,614	$2,225	$2,591
April 2026	$1,264	$1,616	$2,191	$2,454
March 2026	$1,255	$1,592	$2,030	$2,454
February 2026	$1,253	$1,592	$2,063	$2,479
January 2026	$1,258	$1,603	$2,103	$2,506
December 2025	$1,267	$1,616	$2,116	$2,490
November 2025	$1,276	$1,625	$2,136	$2,501
October 2025	$1,278	$1,630	$2,146	$2,558
September 2025	$1,278	$1,628	$2,146	$2,547

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