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Rent by ZIP · Oakland County

Rent in Troy, MI 48085

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,190 (+3.3% vs FY2026). Renters in this ZIP code pay a median $2,620 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,570$1,520+3.3%$1,413–1,727–
1 bedroom$1,750$1,690+3.6%$1,575–1,925–
2 bedrooms$2,190$2,120+3.3%$1,971–2,409$1,673 ±$917
3 bedrooms$2,670$2,590+3.1%$2,403–2,937$2,142 ±$759
4 bedrooms$2,900$2,810+3.2%$2,610–3,190$3,500+

Small Area FMRs for the Detroit-Warren-Livonia, MI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Detroit-Warren-Livonia, MI HUD Metro FMR Area, 2 bedrooms: $1,459.

What renters pay in 48085

Median gross rent$2,620±$834 · all sizes
Renter households7728% of occupied homes
No cash rent196households

How rents are spread

Under $1,0000%
$1,000–1,4996%
$1,500–1,99935%
$2,000–2,4996%
$2,500–2,99914%
$3,000–3,49916%
$3,500+23%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48084Troy$2,100$1,765
48083Troy$1,810$1,563
48082Saint Clair Shores$1,600$1,313
48088Warren$1,410$1,136
48081Saint Clair Shores$1,540$1,324
48089Warren$1,470$1,171

Fair Market Rents across Oakland County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.