Cheap Apartments for Rent in Troy, AL from $400 (58 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
Student Housing
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  • Utilities Included

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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Oakdale Apartments
1 Bedroom Apartments

Oakdale Apartments

802 Park StTroy, AL 36081
  • Utilities Included

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
Affordability
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  • 3D Tour

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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Greenbriar Apartments
$795 - $895
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Total Monthly Price

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$795 - $895
Total Monthly Price
$795 - $895
1 to 2 Bedroom Apartments Contact Us For Availability

Greenbriar Apartments

4604 Virginia Loop RdMontgomery, AL 36116
Eco-Friendly
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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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Tapestry on Vaughn
$1,151 - $1,657
Total Monthly Price

Total Monthly Price

Base Rent
$1,151 - $1,657
Total Monthly Price
$1,151 - $1,657
1 to 3 Bedroom Apartments Available Now

Tapestry on Vaughn

3201 Watchman DrMontgomery, AL 36116
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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living

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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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. The Arch Troy - Historical Access has the second lowest priced unit, which is a 3 Beds apartment currently listed from $558. 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
The Arch Troy - Historical Access3BR/3BA3BR,3BA$558
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
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 June 21, 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 AcresHamilton3BR,2BA$0.90
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
The Arch Troy - Historical Access2BR/2BA - Upgrade2BR,2BA$0.76
Liberty Square1 Bed1BR,1BA$1.00
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
The Eastern1 Bed / 1 Bath1BR,1BA$1.02
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 The Arch Troy - Historical Access and starts from $558.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.