
Cheap Homes for Rent in Troy, OH from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.


519 1/2 Ann St

7929 Mt Hood

424 S Miami Ave

513 Virginia Ave

8113 Mt Aetna St
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.

8132 Mt Snow Dr

8223 Mt Charles Dr

7973 Mt Hood

7677 Mt Hood

8126 Mount Washington Dr

7539 Mt Hood
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.

7592 Mt Hood

8293 Big Springs Ct

904 Race Dr

132 Burgess Ave

1114 Vine St

317 Commercial St
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.
Troy, OH Local Guide

How much does it cost to rent a home in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy 2 Bedroom Homes for Rent | $1,091 | $795 | $1,345 |
| Troy 3 Bedroom Homes for Rent | $1,373 | $900 | $2,535 |
| Troy 4 Bedroom Homes for Rent | $2,328 | $1,945 | $2,950 |
Browse Top Homes for Rent in Troy
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Troy, OH Local Guide
- Troy Neighborhoods
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Cheapest Available Troy Apartments for Rent and Nearby
 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 | Oxford | 1BR,1BA | $1,293 |
Best Value Apartments for Rent in Troy, OH and Nearby
As of July 16, 2026 the best value apartment in the Troy area is the $1.29 price per square foot Breezewood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $1,699. The second greatest value Troy apartment is the Oxford Model at Towne Park starting at $1,293 with a $1.40 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 | $1.29 |
| Towne Park | Oxford | 1BR,1BA | $1.40 |
| 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 Troy
What type of rentals are currently available in Troy?
There are currently 60 Apartments for Rent in Troy, OH with pricing that ranges from $800 to $2,249. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $795 to $2,950.
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 $795 to $2,950 with an average monthly rent of $1,421.
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.

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.

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.