
Cheap Apartments for Rent in Troy, IL from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


Meadow Drive Apartments

Flax Meadow Townhomes

Rocwood Apartments

Total Monthly Price
2117 N Center St, Unit 2117

Broadway Place

Cedar Point Apartments

The Georgetown Apartments
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.

Park Terrace Apartments

Metro Apartments at Wood River

Metro Apartments at Granite City

Green Door Apartments

Linwood Apartments

Metro Apartments At Collinsville

Shiloh Commons Holdings

Chouteau Bay Apartments
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.

Parkview

Winchester Place Apartments

Storyboard on Lancashire

605 Walnut St. Apartments

Highland Villas Apartments - 55+ Senior

Village Court

822 White Oak Dr

116 W Zupan St
St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting
Moving to St. Louis? Get the ultimate insider's guide to the city's neighborhoods, from the historic CWE to residential Shaw. Find your perfect apartment and settle in like a local.

1002 Apache Dr

401 Colleen Dr

12 Coachlight Trailer Park

143 Kinder Ln

4069 Bruene Ave

11 W Perry St

166 Eagle Ridge

815 N Cherry St
From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers
The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.
Troy, IL Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy Studio Apartments | $775 | $775 | $775 |
| Troy 1 Bedroom Apartments | $1,422 | $700 | $1,760 |
| Troy 2 Bedroom Apartments | $1,677 | $680 | $2,795 |
| Troy 3 Bedroom Apartments | $1,821 | $800 | $2,619 |
| Troy 4 Bedroom Apartments | $1,188 | $735 | $2,910 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, IL Local Guide
- Nearby Cities
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Cheapest Available Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in Troy, IL is a 1 Bed unit found at Rocwood Apartments priced from $700. The Georgetown Apartments in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| The Georgetown Apartments | 1 Bed, 1 bath | 1BR,1BA | $775 |
| Metro Apartments At Collinsville | 1BD/1BA Upgraded | 1BR,1BA | $1,000 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Green Door Apartments | 1BR/1B | 1BR,1BA | $1,000 |
| Cedar Point Apartments | Two Bedroom Garden | 1BR,1BA | $1,100 |
| Winchester Place Apartments | 2 Bedroom / 2 Bath 980 sq ft | 2BR,2BA | $1,138 |
| Shiloh Commons Holdings | B2 2 Bed | 1 Bath | 2BR,1BA | $1,180 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1,195 |
| Longacre Apartment Resort | 1 Bedroom 1 Bath | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Troy, IL and Nearby
As of March 22, 2026 the best value apartment in the Troy area is the $1.13 price per square foot Three Bedroom Townhouse Model at Cedar Point Apartments in the in the Metro East neighborhood starting from $1,450. The second greatest value Troy apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,450 with a $1.16 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Troy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Point Apartments | Three Bedroom Townhouse | 3BR,1.5BA | $1.13 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.16 |
| Parc at 720 | B1 | 2BR,2BA | $0.73 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.19 |
| Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.39 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.13 |
| Winchester Place Apartments | 1 Bedroom / 1 Bath Loft 895 sq ft | 1BR,1BA | $1.38 |
| Shiloh Commons Holdings | B2 2 Bed | 1 Bath | 2BR,1BA | $1.39 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, IL Rentals by Map
See the most popular apartments and homes in Troy, IL
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 $700 at Rocwood 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 $850 at The Georgetown Apartments.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis
Written by: Taryn Shorr-Mckee
I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
Written by: Taryn Shorr-Mckee
Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

St. Louis Living: Your Local Experts Guide to Neighborhoods and Renting
Written by: Taryn Shorr-Mckee
St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.