
Cheap Homes for Rent in Troy, IN from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.


837 11th St

423 N Cypress St

1112 Perkins Dr

4152 Bell Rd

4154 Bell Rd

8580 Lincoln Ave
Troy, IN 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 | $1,440 | $595 | $3,200 |
Troy 3 Bedroom Homes for Rent | $1,925 | $1,495 | $2,700 |
Troy 4 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
Troy 5 Bedroom Homes for Rent | $3,565 | $1,895 | $6,000 |
Browse Top Homes for Rent in Troy
Explore Troy
Troy, IN Local Guide
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Cheapest Available Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in Troy, IN is a 1 Bed unit found at Ambassador Villas priced from $675. Legion Park & Heartwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Troy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $675 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $800 |
Best Value Apartments for Rent in Troy, IN and Nearby
As of August 11, 2025 the best value apartment in the Troy area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Troy apartment is the One Bedroom Model at Bell Pointe Apartments starting at $1,175 with a $1.28 price per square foot . 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. |
---|---|---|---|
Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
Bell Pointe Apartments | One Bedroom | 1BR,1BA | $1.28 |
Keystone Apartments | 2 Bedroom | 2BR,1BA | $1.06 |
Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
Westcott Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
Abbey Court Apartments | Cambridge | 1BR,1BA | $1.13 |
Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $0.96 |
Devonshire Gardens I & II | II 1 Bed 1 Bath B | 1BR,1BA | $1.28 |
Park Place Apartments - 55+ Community | One Bedroom Unit | 1BR,1BA | $1.27 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Troy
What type of rentals are currently available in Troy?
There are currently 36 Apartments for Rent in Troy, IN with pricing that ranges from $600 to $2,411. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $595 to $6,000.
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 $595 to $6,000 with an average monthly rent of $2,194.
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 $1,280 to $2,411, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $1,500.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.