Cheap Homes for Rent in Troy, IL from $800 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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.

property at 4 Bonne Terre Ct

4 Bonne Terre Ct

CollinsvilleIL62234

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.

Troy, IL Local Guide

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 $650. The Social Edwardsville in the Fruit Maple Carpenter neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $705. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$705
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Broadway PlaceTwo Bedroom Apartment2BR,1BA$975
Metro Apartments At Collinsville1BD/1BA Upgraded1BR,1BA$1,000

Best Value Apartments for Rent in Troy, IL and Nearby

As of November 03, 2025 the best value apartment in the Troy area is the $0.95 price per square foot 3 Bd Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,425. The second greatest value Troy apartment is the The Cougar Unfurnished Model at The Social Edwardsville starting at $705 with a $0.53 price per square foot in the Fruit Maple Carpenter 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.
BSB Apartments3 Bd Townhouse w/ Garage3BR,2BA$0.95
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$0.53
Storyboard on HaydenHayden B12BR,2.5BA$1.07
Parc at 720B12BR,2BA$0.72
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.16
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Crown Pointe Townhomes - ShilohTownhome2BR,2BA$1.18
Storyboard on LancashireLancashire B12BR,1BA$1.13
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.34
Rocwood Apartments1BR Units1BR,1BA$1.05

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

Local 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Troy, IL Rentals by Map

View Map
Troy, IL Apartments Map
View Map
Troy, IL Rental Homes Map

Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 56 Apartments for Rent in Troy, IL with pricing that ranges from $650 to $2,925. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $850 to $3,495.

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 $850 to $3,495 with an average monthly rent of $2,026.

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 $2,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $675.

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.

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.