
Cheap Apartments for Rent in Troy, MO from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


Troy Villa & Gateway Apartments

Park Place Apartments

Stone Creek Apartments & Townhomes

Bennington Place

Casalon Parkway Apartments

Elm Tree Commons

Amber Court 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.

Westchester Village

Peine Lakes

Cedar Lakes Apartments

Vista on the Park

Wall Street Senior Living

Savannah Ridge Apartments

Vinings of O'Fallon

Villages at Lake Silvercote
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.

Northridge I

The Jewel O'Fallon

Aventura at Hawk Ridge

The Boulders at Moscow Mills Villas

Prairie Encore

Synergy at the Meadows

Pineview Apartments

The Waterways of Lake Saint Louis Apartments
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.

Aventura at Wentzville

Pinecrest Apartments

Thornwood Apartments

The Prairie Luxury Apartments

Heartland View Apartments

The Solstice

The Sullivan

Citrine Apartments
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.

Meadowood Estates II Senior 55+

215 W 3rd St

5 Calvin Ln

11 Fox Hvn Dr

1111 Columbus Cir

2236 Cordova Ct

1456 Hawks Nest Ct

1456 Hawks Nest Dr
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.

2415 Chesstal St

Bramblett Hills

9200 Spring Creek Ln

410 McKinley 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 | $1,045 | $715 | $1,425 |
| Troy 1 Bedroom Apartments | $1,371 | $875 | $1,801 |
| Troy 2 Bedroom Apartments | $1,623 | $900 | $2,550 |
| Troy 3 Bedroom Apartments | $2,363 | $1,250 | $2,875 |
| Troy 4 Bedroom Apartments | $3,171 | $3,000 | $3,400 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, MO Local Guide
- Nearby Cities
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bennington Place | One Bed Second Floor | 1BR,1BA | $895 |
| Casalon Parkway Apartments | 1 Bedroom / Phase 1 & 2 | 1BR,1BA | $951 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1,155 |
| Northridge I | Maple | 3BR,1BA | $1,250 |
| Vista on the Park | Swan | 2BR,1BA | $1,250 |
| The Jewel O'Fallon | Ruby | 1BR,1BA | $1,289 |
| Westchester Village | Bronx | 2BR,1BA | $1,299 |
| The Boulders at Moscow Mills Villas | One Bed Villa - Boulders | 1BR,1BA | $1,300 |
| Prairie Encore | Studio/1B | Studio,1BA | $1,325 |
| Bramblett Hills | CLOVE | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Landing | Aspen II | 3BR,3BA | $1.55 |
| Northridge I | Maple | 3BR,1.5BA | $1.12 |
| Vinings of O'Fallon | The Meritage II | 2BR,2BA | $1.31 |
| Aventura at Wentzville | B1 | 2BR,2BA | $1.44 |
| Vista on the Park | Swan | 2BR,1BA | $1.28 |
| Savannah Ridge Apartments | 2 Bedroom Garden | 2BR,2BA | $1.53 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1.22 |
| Westchester Village | Courtland Townhome | 2BR,1.5BA | $1.47 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1.51 |
| The Boulders at Moscow Mills Villas | One Bed Villa - Boulders | 1BR,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.
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
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

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.

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.