Cheap Apartments for Rent in Troy, AL from $400 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in Troy.

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Wooddale Apartments
$625 - $740
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Total Monthly Price

Base Rent
$625 - $740
Total Monthly Price
$625 - $740
1 Bedroom Apartments Contact Us For Availability

Wooddale Apartments

600 Folmar StTroy, AL 36081
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Oakdale Apartments
1 Bedroom Apartments

Oakdale Apartments

802 Park StTroy, AL 36081
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Brentwood Estates
$665 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $900
Total Monthly Price
$665 - $900
1 to 3 Bedroom Apartments Available Now

Brentwood Estates

3639 Woodley RdMontgomery, AL 36116
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The Eastern
$699 - $1,099
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Total Monthly Price

Base Rent
$699 - $1,099
Total Monthly Price
$699 - $1,099
1 to 3 Bedroom Apartments Available Now

The Eastern

4220 Strathmore DrMontgomery, AL 36116
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Greenbriar Apartments
$795 - $895
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Base Rent
$795 - $895
Total Monthly Price
$795 - $895
1 to 2 Bedroom Apartments Contact Us For Availability

Greenbriar Apartments

4604 Virginia Loop RdMontgomery, AL 36116
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Tapestry on Vaughn
$1,101 - $1,621
Total Monthly Price

Total Monthly Price

Base Rent
$1,101 - $1,621
Total Monthly Price
$1,101 - $1,621
1 to 3 Bedroom Apartments Available Now

Tapestry on Vaughn

3201 Watchman DrMontgomery, AL 36116
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Halcyon Park
$1,225 - $1,537
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,537
Total Monthly Price
$1,225 - $1,537
1 to 3 Bedroom Apartments Available Now

Halcyon Park

7880 Taylor Park RdMontgomery, AL 36117
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Peppertree
$1,269 - $1,814
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Total Monthly Price

Base Rent
$1,269 - $1,814
Total Monthly Price
$1,269 - $1,814
1 to 3 Bedroom Apartments Available Now

Peppertree

8201 Vaughn RdMontgomery, AL 36116
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living
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Elevate 5050
1 to 3 Bedroom Apartments

Elevate 5050

5050 Bell RdMontgomery, AL 36116
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Sturbridge Commons
1 to 3 Bedroom Apartments

Sturbridge Commons

8700 Seaton BlvdMontgomery, AL 36116

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Troy, AL Local Guide

Cheapest Available Troy Apartments for Rent

 

The cheapest available apartment rental in Troy, AL is a 4 Beds unit found at University Corners priced from $535. Wooddale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$535
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
Forest Haven Apartmentsone bedroom1BR,1BA$650
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
The Eastern1 Bed / 1 Bath1BR,1BA$699
Wuergler VillageOne Bedroom1BR,1BA$700
Eastgate Landing Apartments2 Beds2BR,1BA$770
Greenbriar Apartments1 Bed / 1 Bath1BR,1BA$795
Willow Terrace Apartments1 Bed/1 Bath1BR,1BA$799

Best Value Apartments for Rent in Troy, AL

As of May 07, 2026 the best value apartment in the Troy area is the $0.73 price per square foot 5 Bedroom Villa Model at Stone Park Villas in the in the Outer East neighborhood starting from $2,050. The second greatest value Troy apartment is the Franklin Model at Ivy Row Troy starting at $825 with a $0.53 price per square foot . Here is today’s list of the best values for Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stone Park Villas5 Bedroom Villa5BR,2.5BA$0.73
Ivy Row TroyFranklin3BR,3.5BA$0.53
Forest AcresLifestyles3BR,2BA$0.90
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.91
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
Eastgate Landing Apartments2 Beds2BR,1BA$0.89
Liberty Square1 Bed1BR,1BA$1.00
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Forest Haven Apartmentsone bedroom1BR,1BA$1.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cheap Troy Apartments

How much is rent for a Cheap One Bedroom Troy Apartment?

The lowest price for a Cheap One Bedroom Troy Apartment is $625 at Wooddale Apartments.

What is the lowest price for a Cheap Two Bedroom Troy Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Troy is starting from $698 at Beaumont Reserve at Eastern.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Beaumont Reserve at Eastern and starts from $885.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.