What's the average rent in Troy, NY?

Rental Market Trends in Troy, NY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Troy, NY is $1,450 per month, which is 26% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,450

-3.0%-$45 decrease month-over-month

-3.3%-$50 decrease year-over-year

AVAILABLE RENTALS

320

APARTMENTS

$1,143

HOUSES

$1,397

TOWNHOUSES

$1,400

As of August 2026, apartments are the most affordable rental option in Troy, NY at $1,143 per month, while townhomes are the most expensive at $1,400 per month. Houses average $1,397 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,450
2 Bedrooms	$1,490
3 Bedrooms	$1,509
4 Bedrooms	$1,350
All	$1,450

As of August 2026, the average rent for a 1 bedroom rental in Troy, NY is $1,450 per month, followed by $1,490 for a 2 bedroom rental, $1,509 for a 3 bedroom rental, and $1,350 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,390
3 Bedrooms	$1,575
4 Bedrooms	$1,950
All	$1,400

As of August 2026, the average rent for a 2 bedroom townhome in Troy, NY is $1,390 per month, followed by $1,575 for a 3 bedroom townhome, and $1,950 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,425
2 Bedrooms	$1,450
3 Bedrooms	$1,500
4 Bedrooms	$1,750
All	$1,495

As of August 2026, the average rent for a 1 bedroom apartment in Troy, NY is $1,425 per month, followed by $1,450 for a 2 bedroom apartment, $1,500 for a 3 bedroom apartment, and $1,750 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,100
3 Bedrooms	$1,600
4 Bedrooms	$750
All	$1,397

As of August 2026, the average rent for a 1 bedroom house in Troy, NY is $700 per month, followed by $1,100 for a 2 bedroom house, $1,600 for a 3 bedroom house, and $750 for a 4 bedroom house.