What's the average rent in Troy, NY?

Rental Market Trends in Troy, NY

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Troy, NY is $1,475 per month, which is 24% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,475

3.5%$50 increase month-over-month

5.4%$75 increase year-over-year

AVAILABLE RENTALS

285

APARTMENTS

$1,445

HOUSES

$1,850

TOWNHOUSES

$1,450

As of October 2026, apartments are the most affordable rental option in Troy, NY at $1,445 per month, while houses are the most expensive at $1,850 per month. Townhomes average $1,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,308
2 Bedrooms	$1,450
3 Bedrooms	$1,600
4 Bedrooms	$1,800
All	$1,475

As of October 2026, the average rent for a 1 bedroom rental in Troy, NY is $1,308 per month, followed by $1,450 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $1,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,250
3 Bedrooms	$1,575
4 Bedrooms	$1,800
All	$1,450

As of October 2026, the average rent for a 1 bedroom townhome in Troy, NY is $1,300 per month, followed by $1,250 for a 2 bedroom townhome, $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	$1,400
3 Bedrooms	$1,550
4 Bedrooms	$1,700
All	$1,434

As of October 2026, the average rent for a 1 bedroom apartment in Troy, NY is $1,250 per month, followed by $1,400 for a 2 bedroom apartment, $1,550 for a 3 bedroom apartment, and $1,700 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,500
3 Bedrooms	$1,995
4 Bedrooms	$1,850
All	$1,850

As of October 2026, the average rent for a 1 bedroom house in Troy, NY is $700 per month, followed by $1,500 for a 2 bedroom house, $1,995 for a 3 bedroom house, and $1,850 for a 4 bedroom house.