
Cheap Apartments for Rent in Troy, OH from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


McKaig Court Apartments

624 S Clay St

Garden Manor Apartments

Terrace Ridge Apartments
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 Village Apartments

The Flats of Troy & PBMM Properties

Heritage Apartments

1325 Trade Sq

1401 Wayne St
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.

Stouder Center

1268 Todd Lane

807 W Ash St

239 Broadway

606 W North St
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham
Troy, OH Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Troy 1 Bedroom Apartments | $1,196 | $700 | $1,549 |
| Cheap Troy 2 Bedroom Apartments | $1,441 | $900 | $2,049 |
| Cheap Troy 3 Bedroom Apartments | $1,549 | $1,200 | $1,647 |
Browse Top Apartments in Troy
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Troy, OH Local Guide
- Troy Neighborhoods
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKaig Court Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Traditions Apartments | Two Bedroom Garden Style | 2BR,1BA | $1,050 |
| Troy Crossing | 2BR/1.5BA | 2BR,1BA | $1,075 |
| Towne Park | Ashford | 1BR,1BA | $1,299 |
| Redwood Troy Arthur Road | Breezewood | 2BR,2BA | $1,749 |
Best Value Apartments for Rent in Troy, OH
As of January 24, 2026 the best value apartment in the Troy area is the $1.48 price per square foot Willowood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $2,049. The second greatest value Troy apartment is the 2BR/1.5BA Model at Troy Crossing starting at $1,075 with a $1.19 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. |
|---|---|---|---|
| Redwood Troy Arthur Road | Willowood | 2BR,2BA | $1.48 |
| Troy Crossing | 2BR/1.5BA | 2BR,1.5BA | $1.19 |
| Traditions Apartments | Two Bedroom Garden Style | 2BR,1BA | $1.24 |
| Towne Park | Ashford | 1BR,1BA | $1.65 |
| McKaig Court Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| 906 1/2 S Mulberry St, Unit 906 upper | 906 1/2 S Mulberry St | 1BR,1BA | $0.99 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Traditions Apartments and starts from $1,200.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.