What's the average rent in Troy, NY?

Rental Market Trends in Troy, NY

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Troy, NY is $1,475 per month, which is 24% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,475

5.4%$75 increase month-over-month

-2.0%-$30 decrease year-over-year

AVAILABLE RENTALS

292

APARTMENTS

$1,169

HOUSES

$1,600

TOWNHOUSES

$1,800

As of May 2026, apartments are the most affordable rental option in Troy, NY at $1,169 per month, while townhomes are the most expensive at $1,800 per month. Houses average $1,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,306
2 Bedrooms	$1,549
3 Bedrooms	$1,500
4 Bedrooms	$1,189
All	$1,480

As of May 2026, the average rent for a 1 bedroom rental in Troy, NY is $1,306 per month, followed by $1,549 for a 2 bedroom rental, $1,500 for a 3 bedroom rental, and $1,189 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,950
3 Bedrooms	—
4 Bedrooms	$650
All	$1,800

As of May 2026, the average rent for a 2 bedroom townhome in Troy, NY is $1,950 per month, followed by $650 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$1,500
3 Bedrooms	$1,500
4 Bedrooms	$1,700
All	$1,500

As of May 2026, the average rent for a 1 bedroom apartment in Troy, NY is $1,295 per month, followed by $1,500 for a 2 bedroom apartment, $1,500 for a 3 bedroom apartment, and $1,700 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,800
3 Bedrooms	$695
4 Bedrooms	$1,950
All	$1,600

As of May 2026, the average rent for a 1 bedroom house in Troy, NY is $700 per month, followed by $1,800 for a 2 bedroom house, $695 for a 3 bedroom house, and $1,950 for a 4 bedroom house.