Cheap Homes for Rent in Troy, IL from $800 (12 Rentals)

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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

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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. Cedar Point Apartments in the Metro East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
Cedar Point ApartmentsEfficiencyStudio,1BA$750
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$759
Metro Apartments at Granite CitySave up to $500 off Move In Costs with your EXC...1BR,1BA$900
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$950

Best Value Apartments for Rent in Troy, IL and Nearby

As of April 15, 2025 the best value apartment in the Troy area is the $0.72 price per square foot B1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $900. The second greatest value Troy apartment is the 2 Bedroom Garden Model at Cantwell Crossing Apartments and Townhomes starting at $1,415 with a $1.26 price per square foot in the Sullivan Manors 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.
Parc at 720B12BR,2BA$0.72
Cantwell Crossing Apartments and Townhomes2 Bedroom Garden2BR,2BA$1.26
Brookside ManorTwo Bedroom2BR,1.5BA$1.18
Townhomes on Luan Drive2BR2BR,1.5BA$1.35
Winchester Place Apartments2 Bedroom / 2 Bath 980 sq ft2BR,2BA$1.27
Parkview2x12BR,1BA$1.03
The Social EdwardsvilleThe Eddie with Spirit Patio2BR,2BA$1.12
Broadway Place2 Beds, 1 bath2BR,1BA$1.34
Metro Apartments at Granite CitySave up to $500 off Move In Costs with your EXC...1BR,1BA$1.29
Rocwood Apartments1BR Units1BR,1BA$1.05

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 53 Apartments for Rent in Troy, IL with pricing that ranges from $650 to $3,200. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $825 to $3,400.

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 $825 to $3,400 with an average monthly rent of $1,615.

How much are larger Three and Four Bedroom Rentals in Troy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Troy range from $800 to $2,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,575 and Four Bedroom Apartments start at $759.

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.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.