Cheap Apartments for Rent near Troy, TN from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Troy.

Rent According to Income: A Look at Income-Restricted Rentals

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PARK VILLAGE OF PARIS
2 to 4 Bedroom Apartments

PARK VILLAGE OF PARIS

1450 N Market StParis, TN 38242
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Troy, TN Local Guide

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 $600. Bee Creek Crossing (Senior Apartments 55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CapriDiamond1BR,1BA$600
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$650
Chapel Ridge of RipleyOne Bedroom One Bathroom1BR,1BA$697
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$700
Commonwealth Court Apartments1 BR1BR,1BA$705

Best Value Apartments for Rent in Troy, TN and Nearby

As of August 18, 2026 the best value apartment in the Troy area is the $1.03 price per square foot 4 Bedroom 2 Bathroom Model at PARK VILLAGE OF PARIS in the starting from $1,195. The second greatest value Troy apartment is the 2BR - 2BTH Renovated W/D Model at Pointe at Ridge Cove Apartments starting at $1,224 with a $1.12 price per square foot in the Downtown Jackson neighborhood. Here is today’s list of the best values for Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PARK VILLAGE OF PARIS4 Bedroom 2 Bathroom4BR,2BA$1.03
Pointe at Ridge Cove Apartments2BR - 2BTH Renovated W/D2BR,2BA$1.12
Pointe at Boardwalk1BR - 1BTH Renovated1BR,1BA$1.07
Pointe at 7311BR - 1BTH Renovated W/D1BR,1BA$1.20
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11
Milan Luxury Apartments2BR/2.0BA2BR,2BA$1.19
The HermitageThe Donelson2BR,1BA$1.14
Grove Apartments1 Bedroom1BR,1BA$1.12
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$0.96
Commonwealth Court Apartments1 BR1BR,1BA$1.07

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.

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Real 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.

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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 $700.

How much is rent for a Cheap One Bedroom Troy Apartment?

The lowest price for a Cheap One Bedroom Troy Apartment is $600 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 $750 at Capri.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Commonwealth Court Apartments and starts from $971.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.