
Cheap Homes for Rent in Troy, IL from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.


4 Hickory Ct

116 W Zupan St

304 Estate Dr
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.

4069 Bruene Ave

2 Georgetown Dr

120 W 7th St

11 W Perry St
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.

815 N Cherry St
Troy, IL Local Guide

How much does it cost to rent a home in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy 2 Bedroom Homes for Rent | $1,346 | $795 | $2,300 |
| Troy 3 Bedroom Homes for Rent | $1,715 | $780 | $2,700 |
| Troy 4 Bedroom Homes for Rent | $2,398 | $2,100 | $2,700 |
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Troy, IL Local Guide
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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. Broadway Place in the Metro East neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. 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 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $975 |
| Metro Apartments At Collinsville | 1BD/1BA Reno | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Troy, IL and Nearby
As of February 26, 2026 the best value apartment in the Troy area is the $0.99 price per square foot 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,480. The second greatest value Troy apartment is the Three Bedroom Townhouse Model at Cedar Point Apartments starting at $1,450 with a $1.13 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. |
|---|---|---|---|
| BSB Apartments | 3Bd Deluxe Townhouse w/ Garage | 3BR,2BA | $0.99 |
| 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 | $1.15 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
| Metro Apartments at Granite City | 2BR/1B TH | 2BR,1BA | $1.20 |
| The Social Edwardsville | The Eddie | 2BR,2BA | $1.13 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Troy
What type of rentals are currently available in Troy?
There are currently 62 Apartments for Rent in Troy, IL with pricing that ranges from $675 to $3,379. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $780 to $2,700.
What is the current price range for Rental Homes in Troy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Troy ranges from $780 to $2,700 with an average monthly rent of $1,577.
How much are larger Three and Four Bedroom Rentals in Troy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Troy range from $800 to $3,379, while Three Bedroom Homes, Condos, and Townhomes for rent range from $780 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $675.
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

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.

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.