
Cheap Apartments for Rent in Troy, TN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


Royal Ridge

Bee Creek Crossing (Senior Apartments 55+)

Robindale-East Apartments

Chapel Ridge Martin
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.

PARK VILLAGE OF PARIS

Grove Apartments

The Hermitage

716 Warren St

538 Tucker 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.

1131 Salem St

4065 W Van Hook St

709 Warren St

Lone Oak Villas

210 W 5th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

301 N 7th St

127 Northside Ave
Troy, TN Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy Studio Apartments | $600 | $600 | $600 |
| Troy 1 Bedroom Apartments | $1,278 | $595 | $2,142 |
| Troy 2 Bedroom Apartments | $1,427 | $725 | $2,402 |
| Troy 3 Bedroom Apartments | $1,476 | $850 | $2,450 |
| Troy 4 Bedroom Apartments | $1,263 | $1,195 | $1,400 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, TN Local Guide
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Cheapest Available Troy Apartments for Rent and Nearby
 The cheapest available apartment rental in Troy, TN is a 1 Bed unit found at Capri priced from $595. Royal Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capri | Copper | 1BR,1BA | $595 |
| Royal Ridge | Royal Ridge-0-1-408 | Studio,1BA | $600 |
| Robindale-East Apartments | One Bed | 1BR,1BA | $650 |
| Chapel Ridge Martin | 1 Bedroom 1 Bath | 1BR,1BA | $659 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Troy, TN and Nearby
As of March 24, 2026 the best value apartment in the Troy area is the $1.03 price per square foot C1 Model at Camellia Trace in the starting from $1,460. The second greatest value Troy apartment is the 4 Bedroom 2 Bathroom Model at PARK VILLAGE OF PARIS starting at $1,195 with a $1.03 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. |
|---|---|---|---|
| Camellia Trace | C1 | 3BR,2BA | $1.03 |
| PARK VILLAGE OF PARIS | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.03 |
| Post House Jackson | The Woodward | 2BR,2BA | $1.21 |
| Milan Luxury Apartments | 3BR/2.0BA | 3BR,2BA | $1.14 |
| The Pointe at Boardwalk | One Bedroom | 1BR,1BA | $0.98 |
| The Pointe at 731 | One Bedroom | 1BR,1BA | $1.04 |
| The Pointe at Ridge Cove | 1 Bedroom | 1BR,1BA | $1.11 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
| Chapel Ridge Martin | 1 Bedroom 1 Bath | 1BR,1BA | $0.98 |
| Robindale-East Apartments | One Bed | 1BR,1BA | $1.07 |
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.
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 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
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, TN Rentals by Map
See the most popular apartments and homes in Troy, TN
Frequently Asked Questions about Cheap Troy Apartments
What is the Cheapest Studio apartment in Troy?
Currently the most affordable Cheap Studio Apartment in Troy is at Royal Ridge listed at $600.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $595 at Capri.
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 $775 at Robindale-East Apartments.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Robindale-East Apartments and starts from $850.
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

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.

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.