106 Lee Dr
O'FallonIL62269
Cheap Homes for Rent in Troy, IL from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.
2522 Meadowlane Dr
Granite CityIL62040
164 Eagle Ridge
O'FallonIL62269
11 W Perry St
MaryvilleIL62062
129 Northtowne St
LebanonIL62254
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
707 Hilda St
EdwardsvilleIL62025
49 Devon Ct
EdwardsvilleIL62025
309 Red Bird St
TroyIL62294
504 Red Bud Ln
TroyIL62294
210 Howard Dr
O'FallonIL62269
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.
129 Troeckler Ln
Granite CityIL62040
1225 W Main St
CollinsvilleIL62234
914 California Ave
CollinsvilleIL62234
813 Klein Ave
EdwardsvilleIL62025
932 Evan Dr
O'FallonIL62269
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.
77 Sunset Ave
Glen CarbonIL62034
Showing Results 1-16, Page 1 of 1
Troy, IL Local Guide
The William W. Jarvis House, a historic site in the city by Nyttend is licensed under Internal
How much does it cost to rent a home in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy 2 Bedroom Homes for Rent | $1,527 | $1,025 | $2,300 |
| Troy 3 Bedroom Homes for Rent | $1,587 | $1,095 | $2,600 |
| Troy 4 Bedroom Homes for Rent | $2,375 | $1,950 | $2,800 |
| Troy 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Troy
Explore Troy
Troy, IL Local Guide
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Cheapest Available Troy Apartments for Rent
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedars of Lebanon Apartments | Two Bedroom | 2BR,1BA | $200 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $750 |
| The Georgetown Apartments | 1 Bed, 1 bath | 1BR,1BA | $775 |
Best Value Apartments for Rent in Troy, IL
As of May 30, 2026 the best value apartment in the Troy area is the $0.54 price per square foot D1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $760. The second greatest value Troy apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,350 with a $1.08 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. |
|---|---|---|---|
| Parc at 720 | D1 | 4BR,4BA | $0.54 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.08 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| BSB Apartments | 220 Bd Townhouse | 2BR,1.5BA | $1.03 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
| Cedars of Lebanon Apartments | Studio | Studio ,1BA | $0.44 |
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
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
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.
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Explore Troy, IL Rentals by Map
See the most popular apartments and homes in Troy, IL
Frequently Asked Questions about Troy
What type of rentals are currently available in Troy?
There are currently 63 Apartments for Rent in Troy, IL with pricing that ranges from $200 to $3,010. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $1,025 to $2,995.
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 $1,025 to $2,995 with an average monthly rent of $1,971.
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 $859 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $714.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.