
Cheap Apartments for Rent in Troy, OH from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


The Flats of Troy LLC

1268 Todd Lane

513 Virginia Ave

502 Pennsylvania Ave

Graceview

Garden Manor Apartments
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

Terrace Ridge Apartments

Troy Village Apartments

Heritage Apartments

1325 Trade Sq

1401 Wayne St

Stouder Center

904 Race Dr
Rent According to Income: A Look at Income-Restricted Rentals
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519 1/2 Ann St

239 Broadway

7677 Mt Hood

424 S Miami Ave

8113 Mt Aetna St

7592 Mt Hood

7973 Mt Hood
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.

8223 Mt Charles Dr

7539 Mt Hood

8293 Big Springs Ct

7647 Mt Hood

8305 Mt Carmel St

132 Burgess Ave

1114 Vine St
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.

317 Commercial St

427 2nd St
Troy, OH Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Troy Studio Apartments | $850 | $825 | $875 |
| Cheap Troy 1 Bedroom Apartments | $1,182 | $800 | $1,420 |
| Cheap Troy 2 Bedroom Apartments | $1,493 | $900 | $2,318 |
| Cheap Troy 3 Bedroom Apartments | $1,565 | $1,275 | $1,850 |
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Troy, OH Local Guide
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Cheapest Available Troy Apartments for Rent
 The cheapest available apartment rental in Troy, OH is a 1 Bed unit found at McKaig Court Apartments in the Stanfield Place neighborhood priced from $800. The Flats of Troy LLC in the Miami County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKaig Court Apartments | 1 Bedroom | 1BR,1BA | $800 |
| The Flats of Troy LLC | 0BR/1.0BA | Studio,1BA | $825 |
| Graceview | Graceview: 1 BD / 1 BA (Silver) | 1BR,1BA | $1,025 |
| North Troy Apartments & Townhomes | 2 BD / 1 BA: North Troy - Garden - W/D Hookups,... | 2BR,1BA | $1,150 |
| Towne Park | Richmond | 2BR,2BA | $1,380 |
| Redwood Troy Arthur Road | Breezewood | 2BR,2BA | $1,791 |
Best Value Apartments for Rent in Troy, OH
As of July 26, 2026 the best value apartment in the Troy area is the $1.36 price per square foot Breezewood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $1,791. The second greatest value Troy apartment is the Richmond Model at Towne Park starting at $1,380 with a $1.30 price per square foot in the Stanfield Place 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. |
|---|---|---|---|
| Redwood Troy Arthur Road | Breezewood | 2BR,2BA | $1.36 |
| Towne Park | Richmond | 2BR,2BA | $1.30 |
| North Troy Apartments & Townhomes | 2 BD / 1 BA: North Troy - Garden - W/D Hookups,... | 2BR,1BA | $1.49 |
| McKaig Court Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Graceview | Graceview: 1 BD / 1 BA (Silver) | 1BR,1BA | $1.37 |
| The Flats of Troy LLC | 0BR/1.0BA | Studio ,1BA | $2.86 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, OH Rentals by Map
See the most popular apartments and homes in Troy, OH
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 $800 at McKaig Court 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 $900 at McKaig Court Apartments.
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

Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH
Written by: Kim Mooneyham
Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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.

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.