Cheap Apartments for Rent in Troy, AL from $479 (49 Rentals)

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

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University Corners
Rent Specials
$479 - $618

Total Monthly Price

Base Rent$479 - $618
Total Monthly Price$479 - $618
1 to 4 Bedroom Apartments Available Now

University Corners

250 University AveTroy, AL 36081
Student Housing
  • Verified
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Oakdale Apartments
1 Bedroom Apartments

Oakdale Apartments

802 Park StTroy, AL 36081
  • Utilities Included
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Forest Acres
3 Bedroom Apartments

Forest Acres

1717 Elba HwyTroy, AL 36079

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Brentwood Estates
$668 - $903

Total Monthly Price

Base Rent$668 - $903
Total Monthly Price$668 - $903
1 to 3 Bedroom Apartments Available Soon

Brentwood Estates

3639 Woodley RdMontgomery, AL 36116
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Eastern
Rent Specials
$699 - $1,099

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
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Greenbriar Apartments
$795 - $895

Total Monthly Price

Base Rent$795 - $895
Total Monthly Price$795 - $895
1 to 2 Bedroom Apartments Available Now

Greenbriar Apartments

4604 Virginia Loop RdMontgomery, AL 36116
Eco-Friendly
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  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Halcyon Park
Rent Specials
$1,071 - $1,737

Total Monthly Price

Base Rent$1,071 - $1,737
Total Monthly Price$1,071 - $1,737
1 to 3 Bedroom Apartments Available Now

Halcyon Park

7880 Taylor Park RdMontgomery, AL 36117
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Tapestry on Vaughn
$1,149 - $1,467

Total Monthly Price

Base Rent$1,149 - $1,467
Total Monthly Price$1,149 - $1,467
1 to 3 Bedroom Apartments Available Sep 29

Tapestry on Vaughn

3201 Watchman DrMontgomery, AL 36116
Corporate Housing
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  • Customer Reviewed
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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living

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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Showing Results 1-49, Page 1 of 1

Troy, AL Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, AL is a 4 Beds unit found at University Corners priced from $479. Susanna Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $570. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath4BR, 2BA$479
Susanna Ridge2 Bed/2 Bath2BR, 2BA$570
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR, 1BA$625
Beaumont Reserve at Eastern1BR1BA1BR, 1BA$645
Georgetown Apartmentsone bedroom1BR, 1BA$650
Brookdale ApartmentsOne Bedroom1BR, 1BA$693
The Eastern1 Bed / 1 Bath1BR, 1BA$699
Greenbriar Apartments1 Bed / 1 Bath1BR, 1BA$795
Heron Cove1 BEDROOM1BR, 1BA$835
Liberty Square1 Bed1BR, 1BA$850

Best Value Apartments for Rent in Troy, AL and Nearby

As of September 21, 2026 the best value apartment in the Troy area is the $0.83 price per square foot 4 Bedroom Villa Model at Stone Park Villas in the Outer East neighborhood starting from $2,000. The second greatest value Troy apartment is the McKinley Model at Ivy Row Troy starting at $799 with a $0.51 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 Villas4 Bedroom Villa4BR, 2.5BA$0.83
Ivy Row TroyMcKinley3BR, 3.5BA$0.51
Elevate 50502 Bedroom 2 Bath 1110sf2BR, 2BA$1.01
Summer Court Townhomes2BR/1.5BA2BR, 1.5BA$0.91
Susanna Ridge2 Bed/2 Bath2BR, 2BA$0.58
University Corners2 Bedroom 1 Bath Renovated2BR, 1BA$0.70
Liberty Square1 Bed1BR, 1BA$1.00
Beaumont Reserve at Eastern1BR1BA1BR, 1BA$0.81
Brookdale ApartmentsOne Bedroom1BR, 1BA$0.98
Georgetown 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
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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 $550 at University Corners.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Susanna Ridge and starts from $650.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.