What's the average rent in Troy, NY?

Rental Market Trends in Troy, NY

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Troy, NY is $1,488 per month, which is 24% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,488

-0.1%-$2 decrease month-over-month

2.6%$38 increase year-over-year

AVAILABLE RENTALS

299

APARTMENTS

$1,191

HOUSES

$750

TOWNHOUSES

$1,400

As of July 2026, houses are the most affordable rental option in Troy, NY at $750 per month, while townhomes are the most expensive at $1,400 per month. Apartments average $1,191 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,317
2 Bedrooms	$1,500
3 Bedrooms	$1,600
4 Bedrooms	$1,500
All	$1,488

As of July 2026, the average rent for a 1 bedroom rental in Troy, NY is $1,317 per month, followed by $1,500 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $1,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,400
3 Bedrooms	$1,575
4 Bedrooms	$1,800
All	$1,400

As of July 2026, the average rent for a 2 bedroom townhome in Troy, NY is $1,400 per month, followed by $1,575 for a 3 bedroom townhome, and $1,800 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,250
2 Bedrooms	$1,450
3 Bedrooms	$1,600
4 Bedrooms	$1,800
All	$1,500

As of July 2026, the average rent for a 1 bedroom apartment in Troy, NY is $1,250 per month, followed by $1,450 for a 2 bedroom apartment, $1,600 for a 3 bedroom apartment, and $1,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$2,500
3 Bedrooms	$750
4 Bedrooms	$695
All	$750

As of July 2026, the average rent for a 1 bedroom house in Troy, NY is $700 per month, followed by $2,500 for a 2 bedroom house, $750 for a 3 bedroom house, and $695 for a 4 bedroom house.