Cheap Homes for Rent in Troy, NC from $800 (13 Rentals)

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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.

Troy, NC Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $745. Pinecrest Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$745
Pinecrest Village1x11BR,1BA$805
Arlington ApartmentsStandard One Bedroom1BR,1BA$895
306 N Jackson Street1BR/1.0BA1BR,1BA$900
Southgate Gardens1 Bed 1 Bath1BR,1BA$915

Best Value Apartments for Rent in Troy, NC and Nearby

As of June 28, 2026 the best value apartment in the Troy area is the $1.13 price per square foot 2x2 Model at Tripp Cottages in the in the Pine Forest South neighborhood starting from $1,350. The second greatest value Troy apartment is the 2 Bed 2 Bath Model at Woodland Heights of Sanford starting at $1,150 with a $1.10 price per square foot in the Carthage Colonies neighborhood. 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.
Tripp Cottages2x22BR,2BA$1.13
Woodland Heights of Sanford2 Bed 2 Bath2BR,2BA$1.10
Lionchase ApartmentsNCLNC 2x1.5 1000sqft - Deluxe2BR,1.5BA$1.25
Holly Hill Townhomes2 BED 1.5 BATH2BR,1.5BA$1.20
Fairview Village2 Bedroom Townhouse2BR,1.5BA$1.28
Terrace Trace Apartments2 Beds / 2 Baths2BR,2BA$1.11
306 N Jackson Street2BR/1.0BA2BR,1BA$1.31
StonecrestThe Griffith1BR,1BA$1.26
Pinecrest Village1x11BR,1BA$0.97
Brookwood2x1 (B1)2BR,1BA$1.23

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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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 52 Apartments for Rent in Troy, NC with pricing that ranges from $760 to $3,111. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $800 to $2,750.

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 $800 to $2,750 with an average monthly rent of $1,777.

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

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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.