Cheap Apartments for Rent in Troy, AL from $300 (19 Rentals)

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

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

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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 $505. Woodley Terrace Apartments in the South Montgomery City neighborhood 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$505
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Forest Haven Apartmentsone bedroom1BR,1BA$650
Brentwood Estates1x1Brentwood Estates1BR,1BA$665

Best Value Apartments for Rent in Troy, AL

As of October 24, 2025 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 Madison Model at Ivy Row Troy starting at $725 with a $0.44 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 TroyMadison4BR,4BA$0.44
Forest AcresDesire3BR,2BA$0.99
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.91
Heron Cove2 BEDROOM2BR,2BA$0.90
Beacon Ridge Apartments2BR/2BA2BR,2BA$0.91
University Corners2 Bedroom 1 Bath2BR,1BA$0.59
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

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Getting Around Troy, AL

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $520 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

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.