
Cheap Apartments for Rent in Troy, MO from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


Boone Street Commons

640 Kuhne Heights

Park Place Apartments

Troy Villa & Gateway Apartments

Stone Creek Apartments & Townhomes

618 Trojan Dr

431 Harris St

212 Alden St
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.

Bennington Place

Elm Tree Commons

Cedar Lakes Apartments

Casalon Parkway Apartments

Peine Lakes

Vista on the Park

Wall Street Senior Living

Vinings of O'Fallon

Northridge I
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.

Synergy at the Meadows

The Jewel O'Fallon

Westchester Village

The Boulders at Moscow Mills

Aventura at Wentzville

Savannah Ridge Apartments

Prairie Encore

Thornwood Apartments

The Waterways of Lake Saint Louis 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.

Pinecrest Apartments

Villages at Lake Silvercote

Aventura at Hawk Ridge

Total Monthly Price
Pineview Apartments

The Solstice

The Sullivan

Citrine Apartments

The Prairie Luxury Apartments

Heartland View 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.

Hearthstone at Autumn Hollow

Meadowood Estates II Senior 55+

406 S 3rd St

18 Fox Haven Dr

2236 Cordova Ct

1432 E Pitman Ave

11300 Spring Creek Ln

Bramblett Hills

529 Summer Winds Ln
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.

509 W 2nd St

333 Stonewall Creek Dr

1152 St Matthew Ave

904 Montgomery 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 | $1,374 | $895 | $1,747 |
| Troy 2 Bedroom Apartments | $1,686 | $945 | $2,550 |
| Troy 3 Bedroom Apartments | $2,323 | $1,250 | $2,875 |
| Troy 4 Bedroom Apartments | $3,139 | $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 Casalon Parkway Apartments in the Whispering Woods neighborhood priced from $1,031. Vista on the Park in the Warren County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casalon Parkway Apartments | 1 Bedroom / Phase 1 & 2 | 1BR,1BA | $1,031 |
| Vista on the Park | Sparrow | 1BR,1BA | $1,095 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1,155 |
| Northridge I | Maple | 3BR,1BA | $1,250 |
| Synergy at the Meadows | Element | 1BR,1BA | $1,287 |
| Prairie Encore | Studio/1B | Studio,1BA | $1,325 |
| Savannah Ridge Apartments | 2 Bedroom Garden | 2BR,2BA | $1,342 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1,350 |
| 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 August 07, 2026 the best value apartment in the Troy area is the $1.51 price per square foot Villas - Finished Lower Level Model at Villas on The Prairie in the in the Tysons Corner neighborhood starting from $3,000. The second greatest value Troy apartment is the Aspen Model at The Willows starting at $2,725 with a $1.63 price per square foot in the Wentzville 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. |
|---|---|---|---|
| Villas on The Prairie | Villas - Finished Lower Level | 4BR,3.5BA | $1.51 |
| The Willows | Aspen | 3BR,3BA | $1.63 |
| Quail Run Apartments and Townhomes | Townhomes Exterior Phase B | 3BR,2.5BA | $1.31 |
| The Jewel O'Fallon | Pearl | 3BR,2BA | $1.58 |
| Vista on the Park | 103 | 3BR,2BA | $1.39 |
| Northridge I | Maple | 3BR,1.5BA | $1.12 |
| Savannah Ridge Apartments | 2 Bedroom Garden | 2BR,2BA | $1.42 |
| Cedar Lakes Apartments | C2 | 2BR,2BA | $1.22 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1.51 |
| Casalon Parkway Apartments | 1 Bedroom / Phase 1 & 2 | 1BR,1BA | $1.37 |
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 $1,031 at Casalon Parkway 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 $1,155 at Cedar Lakes 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.