The Gables of Troy
500 Coachman Dr,
Troy, MI 48083
$1,050 - $1,524 | 1-2 Beds
Troy
Troy, MI
Area Guide
Detroit suburb contains natural and retail delights.
Suburban
•
Family-Friendly
•
Commuter
•
About 24 miles north of Detroit, Troy has a lot to offer its residents. Picturesque homes, an award-winning school district, and world-class shopping and dining can all be found in Troy.
Visitors flock to Troy from all over to shop at the Somerset Collection, a multi-level shopping center featuring an array of retailers. Troy is also home to Oakland Mall, adding to the varied retail experiences in town. The Troy Museum and Historic Village provides a look into a well-preserved past. Stage Nature Center serves as a peaceful wilderness near the urban metropolis, where guests can regularly walk the trails and spot wildlife. For even more wildlife, the Detroit Zoo is nearby Troy as well, in neighboring Royal Oak.
Traveling and commuting from Troy is simple with convenience to I-75, the expansive highway that runs from Michigan to Florida, and Detroit Metro Airport.
Explore the City
Rent Trends
As of March 2025, the average apartment rent in Troy, MI is $1,341 for a studio, $1,478 for one bedroom, $1,742 for two bedrooms, and $2,249 for three bedrooms. Apartment rent in Troy has increased by 3.5% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,478/month
819 Sq Ft
House
$2,471/month
1,444 Sq Ft
Condo
$3,721/month
1,413 Sq Ft
Cost of Living
The cost of living in Troy, MI is 5.5% higher than the national average. Generally, housing in Troy is 9.6% more expensive than the national average, with rent falling between $1,341 - $2,249. You can expect to pay 0.6% more for groceries, 5.0% less for utilities, and 1.2% less for transportation.
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Transportation
46
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
46
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades K-5
410 Students
10
Public
Grades K-5
472 Students
9
Public
Grades K-5
433 Students
9
Public
Grades K-5
426 Students
9
Public
Grades K-5
400 Students
9
Public
Grades 6-8
823 Students
10
Public
Grades 6-8
762 Students
9
Public
Grades 6-8
611 Students
7
Public
Grades 6-8
626 Students
6
Public
Grades 9-12
2,094 Students
9
Public
Grades 9-12
1,545 Students
8
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Troy Historic Village
- Lloyd A. Stage Nature Center
- Cranbrook Institute of Science
- Red Oaks Nature Center and County Park
- Burgess-Shadbush Nature Center
Commuter Rail
Airports
- Detroit Metro Wayne County
Top Apartments in Troy
Houses for Rent in Troy
Property Management Companies in Troy, MI
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.