Cheap Apartments for Rent in Troy, AL from $400 (28 Rentals)

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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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Oakdale Apartments
1 Bedroom Apartments

Oakdale Apartments

802 Park StTroy, AL 36081
  • Utilities Included

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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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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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 $520. 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$520
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
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
Beaumont Reserve at Eastern1BR1BA1BR,1BA$796
Liberty Square1 Bed1BR,1BA$850

Best Value Apartments for Rent in Troy, AL

As of January 22, 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 in the Outer East neighborhood starting from $2,000. 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 Villas4 Bedroom Villa4BR,2.5BA$0.83
Ivy Row TroyFranklin3BR,3.5BA$0.53
Forest AcresCavalier3BR,2BA$0.94
Heron Cove3 BEDROOM3BR,2BA$0.97
Elevate 5050The Renaissance2BR,2BA$0.96
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.91
University Corners2 Bedroom 1 Bath2BR,1BA$0.61
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Troy, AL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Troy, AL Rentals by Map

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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 Woodley Terrace 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 $535 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 Woodley Terrace Apartments and starts from $850.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.