Troy / Rochester Hills, MI Rental Market Data

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.

What is the current rent range for homes and apartments in Troy / Rochester Hills, MI?

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.

How much more do single-family rentals cost compared to apartments in Troy / Rochester Hills, MI for the same size?

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.

What is the price gap between condos/townhomes and single-family rentals in Troy / Rochester Hills, MI for the same bedroom count?

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.

Which segment saw the fastest annual rent growth in Troy / Rochester Hills, MI and is the growth widespread?

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%.

Troy / Rochester Hills, MI

April 2026

48083,48084,48306,48307

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,279 – $1,386	-0.83%	5.26%
2-Bedroom	$1,539 – $1,701	2.12%	4.84%
3-Bedroom	$1,953 – $2,146	2.60%	5.60%
4-Bedroom	$2,091 – $2,185	0.44%	4.38%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,251 – $1,289	-5.39%	-0.04%
2-Bedroom	$1,756 – $1,846	1.43%	2.83%
3-Bedroom	$2,186 – $2,330	2.91%	5.51%
4-Bedroom	$2,294 – $2,409	0.64%	3.60%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,236 – $1,292	0.76%	5.06%
2-Bedroom	$1,565 – $1,667	1.68%	4.45%
3-Bedroom	$2,081 – $2,300	6.66%	6.40%
4-Bedroom	$2,393 – $2,515	0.23%	2.18%

Data updated: June 2, 2026

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.

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.

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.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,339	$1,608	$2,026	$2,127
July 2025	$1,320	$1,589	$2,021	$2,103
June 2025	$1,307	$1,571	$2,000	$2,078
May 2025	$1,278	$1,561	$1,971	$2,050

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,355	$1,829	$2,250	$2,387
July 2025	$1,336	$1,819	$2,235	$2,363
June 2025	$1,322	$1,816	$2,198	$2,328
May 2025	$1,298	$1,773	$2,160	$2,288

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,271	$1,622	$2,135	$2,548
July 2025	$1,258	$1,608	$2,115	$2,500
June 2025	$1,241	$1,591	$2,083	$2,475
May 2025	$1,221	$1,565	$2,057	$2,443

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