
Cheap Apartments for Rent in Troy, OH from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


Traditions Apartments

McKaig Court 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.
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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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.
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 |
|---|---|---|---|
| Troy 1 Bedroom Apartments | $1,229 | $800 | $1,328 |
| Troy 2 Bedroom Apartments | $1,689 | $900 | $2,199 |
| Troy 3 Bedroom Apartments | $1,560 | $1,200 | $1,739 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, OH Local Guide
- Troy Neighborhoods
- Nearby Cities
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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. Towne Park in the Stanfield Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,277. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKaig Court Apartments | Apartment1 | 1BR,1BA | $800 |
| Towne Park | Ashford | 1BR,1BA | $1,277 |
| Redwood Troy Arthur Road | Capewood | 2BR,2BA | $2,199 |
Best Value Apartments for Rent in Troy, OH
As of October 26, 2025 the best value apartment in the Troy area is the $1.36 price per square foot Capewood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $2,199. The second greatest value Troy apartment is the 1299 Hilltop Cir Model at 1299 Hilltop Cir, Unit 101 starting at $1,250 with a $1.09 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 | Capewood | 2BR,2BA | $1.36 |
| 1299 Hilltop Cir, Unit 101 | 1299 Hilltop Cir | 3BR,1BA | $1.09 |
| Towne Park | Ashford | 1BR,1BA | $1.62 |
| McKaig Court Apartments | Apartment2 | 2BR,1BA | $1.17 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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
Getting Around Troy, OH
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Towne Park and starts from $1,627.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.























