Cheap Homes for Rent in Troy, OH from $600 (8 Rentals)

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

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

Troy, OH Local Guide

Cheapest Available Troy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Troy, OH is a Studio unit found at The Flats of Troy & PBMM Properties priced from $725. McKaig Court Apartments in the Stanfield Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flats of Troy & PBMM PropertiesStudio AStudio,1BA$725
McKaig Court ApartmentsApartment11BR,1BA$800
Towne ParkAshford1BR,1BA$1,211

Best Value Apartments for Rent in Troy, OH and Nearby

As of March 22, 2025 the best value apartment in the Troy area is the $1.38 price per square foot Meadowood Model at Redwood Troy Arthur Road in the in the Stanfield Place neighborhood starting from $1,824. The second greatest value Troy apartment is the Ashford Model at Towne Park starting at $1,211 with a $1.54 price per square foot in the Stanfield Place 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.
Redwood Troy Arthur RoadMeadowood2BR,2BA$1.38
Towne ParkAshford1BR,1BA$1.54
McKaig Court ApartmentsApartment22BR,1BA$1.17
The Flats of Troy & PBMM PropertiesStudio AStudio ,1BA$2.52

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

Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 61 Apartments for Rent in Troy, OH with pricing that ranges from $800 to $2,404. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $650 to $2,797.

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 $650 to $2,797 with an average monthly rent of $1,266.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.