
Cheap Homes for Rent in Troy, OH from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.


239 Broadway

424 S Miami Ave

8197 Mount Washington Dr

7673 Mt Hood
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.

8225 Mt Mc Kinley

8248 Mt Mc Kinley

38 S Norwich Rd

969 Taylorsview Dr

319 Commercial St
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.

317 Commercial St

1114 Vine St

1223 South St

7811 Mt Hood

6384 Nightwind Ct
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.

317 Cleveland St

427 2nd St
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 | $1,229 | $750 | $2,600 |
| Troy 3 Bedroom Homes for Rent | $1,632 | $900 | $2,485 |
| Troy 4 Bedroom Homes for Rent | $2,197 | $1,695 | $2,950 |
Browse Top Homes for Rent in Troy
Explore Troy
Troy, OH Local Guide
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 1268 Todd Lane has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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 |
| 1268 Todd Lane | Todd 1 Bed / 1 Bath | 1BR,1BA | $875 |
| Graceview | Graceview: 1 BD / 1 BA | 1BR,1BA | $995 |
| Convenient Living at North Troy Apartments & Townhomes, Troy | 2 BD / 1 BA: North Troy Apartments & Townhomes | 2BR,1BA | $1,095 |
| Troy Crossing | 2BR/1.5BA | 2BR,1BA | $1,149 |
Best Value Apartments for Rent in Troy, OH
As of May 27, 2026 the best value apartment in the Troy area is the $1.36 price per square foot Willowood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $1,874. The second greatest value Troy apartment is the 2720 Fairview Ct Model at 2720 Fairview Ct, Unit C starting at $1,095 with a $1.10 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 | Willowood | 2BR,2BA | $1.36 |
| 2720 Fairview Ct, Unit C | 2720 Fairview Ct | 2BR,1BA | $1.10 |
| Troy Crossing | 2BR/1.5BA | 2BR,1.5BA | $1.28 |
| Towne Park | Ashford | 1BR,1BA | $1.71 |
| Convenient Living at North Troy Apartments & Townhomes, Troy | 2 BD / 1 BA: North Troy Apartments & Townhomes | 2BR,1BA | $1.42 |
| McKaig Court Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Graceview | Graceview: 1 BD / 1 BA | 1BR,1BA | $1.33 |
| 1268 Todd Lane | Todd 1 Bed / 1 Bath | 1BR,1BA | $1.25 |
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 63 Apartments for Rent in Troy, OH with pricing that ranges from $800 to $1,999. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $750 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 $750 to $2,950 with an average monthly rent of $1,573.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.