What's the average rent in Troy, IL?
Rental Market Trends in Troy, IL
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Troy, IL is $1,500 per month, which is 21% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,500
0.0%No change month over month
34.5%$385 increase year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Troy, IL at $1,450 per month, while houses are the most expensive at $1,895 per month. Apartments average $1,700 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,265 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | — |
| All | $1,275 |
As of May 2026, the average rent for a 1 bedroom rental in Troy, IL is $1,250 per month, followed by $1,265 for a 2 bedroom rental, and $1,400 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,450 |
As of May 2026, the average rent for a 2 bedroom townhome in Troy, IL is $1,450 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,265 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | — |
| All | $1,265 |
As of May 2026, the average rent for a 1 bedroom apartment in Troy, IL is $1,250 per month, followed by $1,265 for a 2 bedroom apartment, and $1,400 for a 3 bedroom apartment.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +16% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
79% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $925 to $2,300.
