Cheap Apartments for Rent in Troy, IL from $700 (38 Rentals)

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

property at 436 Meadow Dr

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1.5 Bath Townhome for Rent

Available Dec 16

436 Meadow Dr

TroyIL62294

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Lakewood Estates
1 to 2 Bedroom Apartments

Lakewood Estates

1114 E 3rd StO'Fallon, IL 62269

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Village Court
1 Bedroom Apartments

Village Court

43 Village CtGlen Carbon, IL 62034
  • Utilities Included
property at 106 Lee Dr

$950

2 Bedroom Rentals

Available Now

106 Lee Dr

O'FallonIL62269

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

Troy, IL Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, IL is a 2 Beds unit found at Cedars of Lebanon Apartments in the Metro East neighborhood priced from $200. Rocwood Apartments in the Wood River neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedars of Lebanon ApartmentsTwo Bedroom2BR,1BA$200
Rocwood Apartments1BR Units1BR,1BA$700
Flax Meadow TownhomesTwo Bed2BR,1BA$715
Broadway PlaceTwo Bedroom Apartment2BR,1BA$752
The Georgetown Apartments1 BEDROOM1BR,1BA$825
Wilson ApartmentsTwo Bedroom - Laundry In Unit2BR,1BA$875
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$950
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Metro Apartments at Granite City2BR/1B2BR,1BA$1,100
Winchester Place Apartments1 Bedroom / 1 Bath 735 sq ft1BR,1BA$1,137

Best Value Apartments for Rent in Troy, IL and Nearby

As of August 08, 2026 the best value apartment in the Troy area is the $1.20 price per square foot Hayden B1 Model at Storyboard on Hayden in the in the Metro East neighborhood starting from $1,500. The second greatest value Troy apartment is the Park Entrance B2 Model at Storyboard on Park Entrance starting at $1,430 with a $1.19 price per square foot in the O'Fallon neighborhood. 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.
Storyboard on HaydenHayden B12BR,2.5BA$1.20
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.19
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
1118 E 3rd St2 Beds, 1 bath2BR,1BA$1.18
Storyboard on LancashireLancashire B12BR,1BA$1.18
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
Wilson ApartmentsTwo Bedroom - Laundry In Unit2BR,1BA$1.17
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.03
Rocwood Apartments1BR Units1BR,1BA$1.13
Cedars of Lebanon ApartmentsStudioStudio ,1BA$0.44

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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 $200 at Cedars of Lebanon 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 $200 at Cedars of Lebanon Apartments.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Broadway Place and starts from $859.

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.

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