Cheap Apartments for Rent in Troy, IL from $600 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

close
View Me
Village Court
1 Bedroom Apartments

Village Court

43 Village CtGlen Carbon, IL 62034
  • Utilities Inc.

Troy, IL Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, IL is a 1 Bed unit found at Rocwood Apartments priced from $650. Metro Apartments at Wood River has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
Metro Apartments at Wood RiverFREE March Rent - Spring Move-In Special - Move...1BR,1BA$850
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Green Door ApartmentsLimited Time Only $9001BR,1BA$900
Metro Apartments at Granite CityFREE March Rent - Spring Move-In Special - Move...1BR,1BA$900

Best Value Apartments for Rent in Troy, IL and Nearby

As of March 14, 2025 the best value apartment in the Troy area is the $1.13 price per square foot 2216 Tramore Model at 2216 Tramore, Unit 2216 in the in the Metro East neighborhood starting from $1,450. The second greatest value Troy apartment is the B1 Model at Parc at 720 starting at $900 with a $0.72 price per square foot in the Fruit Maple Carpenter 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.
2216 Tramore, Unit 22162216 Tramore2BR,1.5BA$1.13
Parc at 720B12BR,2BA$0.72
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.19
Cantwell Crossing Apartments and TownhomesRenovated 2 Bedroom2BR,2BA$1.25
Storyboard on LancashireLancashire B12BR,1BA$1.04
Winchester Place Apartments2 Bedroom / 2 Bath 980 sq ft2BR,2BA$1.28
Parkview2x12BR,1BA$0.97
Metro Apartments at Wood RiverFREE March Rent - Spring Move-In Special - Move...1BR,1BA$1.21
Metro Apartments at Granite CityFREE March Rent - Spring Move-In Special - Move...1BR,1BA$1.29
Rocwood Apartments1BR Units1BR,1BA$1.05

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Troy, IL Rentals by Map

View MapTroy, IL Apartments MapView MapTroy, IL Rental Homes Map

Getting Around Troy, IL

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Whispering Heights listed at $1,199.

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

The lowest price for a Cheap One Bedroom Troy Apartment is $650 at Rocwood Apartments.

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 $850 at Rocwood Apartments.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Rocwood Apartments and starts from $1,000.

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.

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.