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 June 2026, the average rent in Troy, IL is $1,375 per month, which is 30% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,375
-1.8%-$25 decrease month-over-month
-5.2%-$75 decrease year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Troy, IL at $1,350 per month, while houses are the most expensive at $3,000 per month. Townhomes average $1,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $700 |
| 2 Bedrooms | $1,275 |
| 3 Bedrooms | $1,695 |
| 4 Bedrooms | — |
| All | $1,375 |
As of June 2026, the average rent for a 1 bedroom rental in Troy, IL is $700 per month, followed by $1,275 for a 2 bedroom rental, and $1,695 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,500 |
As of June 2026, the average rent for a 2 bedroom townhome in Troy, IL is $1,500 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $700 |
| 2 Bedrooms | $1,275 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,350 |
As of June 2026, the average rent for a 1 bedroom apartment in Troy, IL is $700 per month, followed by $1,275 for a 2 bedroom apartment, and $1,350 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | — |
| All | $3,000 |
As of June 2026, the average rent for a 3 bedroom house in Troy, IL is $3,000 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +23% compared to the previous year, which is a +$250 increase.
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $700 to $3,000.
