
Cheap Apartments for Rent in Troy, MO from $715 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


640 Kuhne Heights

393 W Wood St

Park Place Apartments

Troy Villa & Gateway Apartments

Stone Creek Apartments & Townhomes

19 Fair Ct

Bennington Place

Elm Tree Commons
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cedar Lakes Apartments

Casalon Parkway Apartments

Quail Run Apartments and Townhomes

Peine Lakes

Vista on the Park

Westchester Village

Savannah Ridge Apartments

Wall Street Senior Living

Vinings of O'Fallon
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Northridge I

1259 Elm Tree Commons Ct

The Boulders at Moscow Mills

Hearthstone at Autumn Hollow

Prairie Encore

The Jewel O'Fallon

Synergy at the Meadows

The Waterways of Lake Saint Louis Apartments

Pinecrest Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Villages at Lake Silvercote

Aventura at Wentzville

The Solstice

Aventura at Hawk Ridge

Total Monthly Price
Pineview Apartments

The Sullivan

Heartland View Apartments

Citrine Apartments

The Prairie Luxury Apartments
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.

Meadowood Estates II Senior 55+

406 S 3rd St

13599 Ridgewood Dr

1111 Columbus Cir

1119 Columbus Cir

216 E Walton St

Bramblett Hills

1368 Deerfield Estates Dr

1066 St Matthew Ave
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.

1152 St Matthew Ave
Troy, MO Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy Studio Apartments | $1,216 | $715 | $1,425 |
| Troy 1 Bedroom Apartments | $1,369 | $875 | $1,809 |
| Troy 2 Bedroom Apartments | $1,754 | $900 | $2,575 |
| Troy 3 Bedroom Apartments | $2,349 | $1,250 | $2,875 |
| Troy 4 Bedroom Apartments | $3,150 | $3,000 | $3,400 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, MO Local Guide
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Cheapest Available Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in Troy, MO is a 1 Bed unit found at Savannah Ridge Apartments in the Whispering Woods neighborhood priced from $1,133. Casalon Parkway Apartments in the Whispering Woods neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,148. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Savannah Ridge Apartments | 1 Bedroom Garden | 1BR, 1BA | $1,133 |
| Casalon Parkway Apartments | 2 Bedroom / Phase 3 | 2BR, 1BA | $1,148 |
| Cedar Lakes Apartments | C2 | 2BR, 2BA | $1,155 |
| Northridge I | Maple | 3BR, 1BA | $1,250 |
| Vista on the Park | Dove | 2BR, 1BA | $1,250 |
| Peine Lakes | The Bryant | 2BR, 2BA | $1,287 |
| Prairie Encore | Studio/1B | Studio, 1BA | $1,325 |
| Hearthstone at Autumn Hollow | 1B/1B - 1st Floor - Lake View | 1BR, 1BA | $1,325 |
| The Waterways of Lake Saint Louis Apartments | Brookside | 1BR, 1BA | $1,350 |
| Pineview Apartments | Building 3 | 2BR, 1BA | $1,395 |
Best Value Apartments for Rent in Troy, MO and Nearby
As of September 22, 2026 the best value apartment in the Troy area is the $1.51 price per square foot The Heron 4B/3.5B with finished basement a Model at Villas on the Prairie in the Tysons Corner neighborhood starting from $3,000. The second greatest value Troy apartment is the Calloway 3/2 Model at Eagle Crest Villas in the Wentzville neighborhood starting at $2,500 with a $1.52 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. |
|---|---|---|---|
| Villas on the Prairie | The Heron 4B/3.5B with finished basement a | 4BR, 3.5BA | $1.51 |
| Eagle Crest Villas | Calloway 3/2 | 3BR, 2BA | $1.52 |
| Villages at Lake Silvercote | 2 Bed 2 Bath | 2BR, 2BA | $1.40 |
| Vista on the Park | 103 | 3BR, 2BA | $1.39 |
| Northridge I | Maple | 3BR, 1.5BA | $1.12 |
| Aventura at Wentzville | A2 | 1BR, 1BA | $1.47 |
| Peine Lakes | The Bryant | 2BR, 2BA | $1.43 |
| Cedar Lakes Apartments | C2 | 2BR, 2BA | $1.22 |
| The Waterways of Lake Saint Louis Apartments | Brookside | 1BR, 1BA | $1.51 |
| Casalon Parkway Apartments | 2 Bedroom / Phase 3 | 2BR, 1BA | $1.34 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Troy, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, MO Rentals by Map
See the most popular apartments and homes in Troy, MO
Frequently Asked Questions about Cheap Troy Apartments
What is the Cheapest Studio apartment in Troy?
Currently the most affordable Cheap Studio Apartment in Troy is at Prairie Encore listed at $1,325.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $1,133 at Savannah Ridge Apartments.
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 $1,153 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.