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 November 2026, the average rent in Troy, IL is $1,475 per month, which is 24% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,475
-23.5%-$453 decrease month-over-month
32.3%$360 increase year-over-year
AVAILABLE RENTALS
10
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, townhomes are the most affordable rental option in Troy, IL at $1,125 per month, while houses are the most expensive at $2,250 per month. Apartments average $1,532 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 | $1,475 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | — |
| All | $1,475 |
As of November 2026, the average rent for a 1 bedroom rental in Troy, IL is $1,250 per month, followed by $1,475 for a 2 bedroom rental, and $1,850 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,125 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,125 |
As of November 2026, the average rent for a 2 bedroom townhome in Troy, IL is $1,125 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | — |
| All | $1,250 |
As of November 2026, the average rent for a 1 bedroom apartment in Troy, IL is $1,250 per month, followed by $1,050 for a 2 bedroom apartment, and $1,850 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,250 |
As of November 2026, the average rent for a 2 bedroom house in Troy, IL is $2,250 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +40% compared to the previous year, which is a +$437 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 $995 to $2,795.
