Troy is a established-tier Detroit submarket with average asking rent around $24/sqft/yr.

  • Average asking rent: $24/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $26/sqft/yr ($26 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at established tier.

Troy, Detroit office rents and availability

Troy is a established-tier Detroit submarket with average asking rent around $24/sqft/yr.

TL;DR

  • Average asking rent: $24/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $26/sqft/yr ($26 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at established tier.

Where rent sits

Troy averages around $24/sqft/yr for Class A, against a citywide Class A index of 26. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Premier suburban Class A submarket. Automotive HQs, financial services, professional services, healthcare.

Key facts

cityDetroit
submarketTroy
tierestablished
averageRentLocal$24/sqft/yr
cityClassARentUsd$26/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What is the average Class A rent in Troy, Detroit?
Around $24/sqft/yr. The citywide Class A index sits at $26/sqft/yr.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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