Cheap Apartments for Rent in Troy, TN from $500 (10 Rentals)

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

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.

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St. John Apartments
1 to 3 Bedroom Apartments

St. John Apartments

2105 Saint John AveDyersburg, TN 38024

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 $595. Lone Oak Villas has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CapriCopper1BR,1BA$595
Lone Oak VillasPremium Townhouse2BR,1BA$799
Patrician Terrace Apartment Homes1x11BR,1BA$850

Best Value Apartments for Rent in Troy, TN and Nearby

As of May 29, 2025 the best value apartment in the Troy area is the $1.03 price per square foot 2B2B Model at Stonewater Place Apartments in the in the Downtown Jackson neighborhood starting from $1,549. The second greatest value Troy apartment is the The Nest Model at The Nest starting at $1,200 with a $1.08 price per square foot . 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.
Stonewater Place Apartments2B2B2BR,2BA$1.03
The NestThe Nest4BR,4BA$1.08
Patrician Terrace Apartment Homes3x23BR,2BA$1.18
The Pointe at Ridge Cove2 Bedroom2BR,2BA$1.02
Whispering Oaks2 BEDROOM2BR,2BA$1.24
University Village at Walker Road2 Bed 1 Bath2BR,1BA$1.28
Bradford ChaseThe Tidewater2BR,2BA$1.25
The Pointe at 731One Bedroom1BR,1BA$1.04
Milan Luxury Apartments2BR/2.0BA2BR,2BA$1.21
Lone Oak VillasPremium Townhouse2BR,1BA$1.29

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Troy, TN Rentals by Map

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See the most popular apartments and homes in Troy, TN

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Getting Around Troy, TN

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 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 $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 $600 at Capri.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at The Hermitage and starts from $1,143.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.