Cheap Apartments for Rent in Troy, MO from $500 (44 Rentals)

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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

391-395 Monroe AveTroy, MO 63379
  • Utilities Included

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.

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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Bramblett Hills
1 to 3 Bedroom Apartments

Bramblett Hills

1000 Bramblett CrossingO'Fallon, MO 63366
Corporate Housing

Troy, MO Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, MO is a 1 Bed unit found at Bennington Place priced from $895. Casalon Parkway Apartments in the Whispering Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $951. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bennington PlaceOne Bed Second Floor1BR,1BA$895
Casalon Parkway Apartments1 Bedroom / Phase 1 & 21BR,1BA$951
Cedar Lakes ApartmentsC22BR,2BA$1,155
Northridge IMaple3BR,1BA$1,250
Vista on the ParkSwan2BR,1BA$1,250
The Jewel O'FallonRuby1BR,1BA$1,289
Westchester VillageBronx2BR,1BA$1,299
The Boulders at Moscow Mills VillasOne Bed Villa - Boulders1BR,1BA$1,300
Prairie EncoreStudio/1BStudio,1BA$1,325
Bramblett HillsCLOVE1BR,1BA$1,350

Best Value Apartments for Rent in Troy, MO and Nearby

As of May 08, 2026 the best value apartment in the Troy area is the $1.55 price per square foot Aspen II Model at Creekside Landing in the in the Tysons Corner neighborhood starting from $2,575. The second greatest value Troy apartment is the Maple Model at Northridge I starting at $1,250 with a $1.12 price per square foot . 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.
Creekside LandingAspen II3BR,3BA$1.55
Northridge IMaple3BR,1.5BA$1.12
Vinings of O'FallonThe Meritage II2BR,2BA$1.31
Aventura at WentzvilleB12BR,2BA$1.44
Vista on the ParkSwan2BR,1BA$1.28
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.53
Cedar Lakes ApartmentsC22BR,2BA$1.22
Westchester VillageCourtland Townhome2BR,1.5BA$1.47
Thornwood ApartmentsWildrose1BR,1BA$1.51
The Boulders at Moscow Mills VillasOne Bed Villa - Boulders1BR,1BA$1.58

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.

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Real 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.

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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 $895 at Bennington Place.

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 $975 at Casalon Parkway Apartments.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Northridge I and starts from $1,250.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.