What's the average rent in Troy, IL?
Rental Market Trends in Troy, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Troy, IL is $1,525 per month, which is 22% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,525
-15.3%-$275 decrease month-over-month
17.8%$230 increase year-over-year
AVAILABLE RENTALS
15
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Troy, IL at $1,200 per month, while houses are the most expensive at $2,500 per month. Townhomes average $1,475 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $1,475 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | — |
| All | $1,525 |
As of September 2026, the average rent for a 1 bedroom rental in Troy, IL is $750 per month, followed by $1,475 for a 2 bedroom rental, and $1,650 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,475 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | — |
| All | $1,475 |
As of September 2026, the average rent for a 2 bedroom townhome in Troy, IL is $1,475 per month, followed by $1,950 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | — |
| All | $1,200 |
As of September 2026, the average rent for a 1 bedroom apartment in Troy, IL is $750 per month, followed by $1,200 for a 2 bedroom apartment, and $1,650 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,400 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | — |
| All | $2,500 |
As of September 2026, the average rent for a 2 bedroom house in Troy, IL is $2,400 per month, followed by $2,900 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +5% compared to the previous year, which is a +$75 increase.
This year (2026)
Last year (2025)
Rent distribution
45% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $775 to $3,200.
