Cheap Apartments for Rent in Troy, OH from $500 (27 Rentals)

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1401 Wayne St
2 Bedroom Apartments

1401 Wayne St

1401 Wayne StTroy, OH 45373
  • Utilities Included
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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.

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1403 Wayne St
2 Bedroom Apartments

1403 Wayne St

1403 Wayne StTroy, OH 45373
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1525 Hawk Cir
Studio Apartments

1525 Hawk Cir

1525 Hawk CirTroy, OH 45373
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1535 Hawk Cir
2 Bedroom Apartments

1535 Hawk Cir

1535 Hawk CirTroy, OH 45373
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1361 W Trade Sq
1 Bedroom Apartments

1361 W Trade Sq

1361 W Trade SqTroy, OH 45373

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.

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304 S Cherry St
2 Bedroom Apartments

304 S Cherry St

304 S Cherry StTroy, OH 45373
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Troy Village Apartments
Studio to 2 Bedroom Apartments

Troy Village Apartments

1415-1425 Henley RdTroy, OH 45373
  • Utilities Included

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.

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1268 Todd Lane
1 to 3 Bedroom Apartments

1268 Todd Lane

1238 Todd LnTroy, OH 45373
  • Utilities Included
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Terrace Ridge Apartments
Studio to 2 Bedroom Apartments

Terrace Ridge Apartments

1312 McKaig AveTroy, OH 45373
Senior Living
  • Utilities Included
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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1428-1470 Henley RdTroy, OH 45373
  • Utilities Included

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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Stouder Center
Studio to 3 Bedroom Apartments

Stouder Center

1100 Wayne StTroy, OH 45373
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Troy, OH Local Guide

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. Traditions Apartments in the Stanfield Place neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKaig Court Apartments1 Bedroom1BR,1BA$800
Traditions ApartmentsTwo Bedroom Garden Style2BR,1BA$1,050
Towne ParkAshford1BR,1BA$1,338
Redwood Troy Arthur RoadBreezewood2BR,2BA$1,699

Best Value Apartments for Rent in Troy, OH

As of April 26, 2026 the best value apartment in the Troy area is the $1.38 price per square foot Willowood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $1,899. The second greatest value Troy apartment is the 1219 Hilltop Dr Model at 1219 Hilltop Dr, Unit 404 starting at $1,300 with a $1.18 price per square foot . 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.
Redwood Troy Arthur RoadWillowood2BR,2BA$1.38
1219 Hilltop Dr, Unit 4041219 Hilltop Dr2BR,1.5BA$1.18
Traditions ApartmentsTwo Bedroom Garden Style2BR,1BA$1.24
Towne ParkAshford1BR,1BA$1.70
McKaig Court Apartments2 Bedroom2BR,1BA$1.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Troy, OH Rentals by Map

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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

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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.

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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.

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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.

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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.