Cheap Apartments for Rent in Troy, AL
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Average Rent Trends in Troy, AL
Rent in Troy, AL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $975 |
| Jul 2025 | $1,000 |
| Aug 2025 | $1,019 |
| Sep 2025 | $999 |
| Oct 2025 | $1,125 |
| Nov 2025 | $999 |
| Dec 2025 | $1,049 |
| Jan 2026 | $1,049 |
| Feb 2026 | $1,050 |
| Mar 2026 | $1,125 |
| Apr 2026 | $1,125 |
| May 2026 | $999 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $695 | $975 | $1,400 | $1,500 | $999 |
| Townhomes | — | $1,400 | — | — | $1,400 |
| Apartments and Condos | $500 | $975 | $999 | — | $975 |
| Houses | $850 | $1,100 | $1,400 | $1,500 | $1,400 |
Frequently Asked Questions about Rentals in Troy, AL
- What is the average rent of an apartment in Troy, AL?The average rent of an apartment in Troy, AL is $911 per month. This is about 53% lower than the national average.
- What is the average rent of a house in Troy, AL?The average rent of a house in Troy, AL is $1,400 per month. This is about 27% lower than the national average.
- What is the average rent of a townhome in Troy, AL?The average rent of a townhome in Troy, AL is $1,400 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in Troy, AL?In the last year, the average rent in Troy, AL was lowest in Jun 2025 when it was $975 per month.
- When is the average rent most expensive in Troy, AL?In the last year, the average rent in Troy, AL was highest in Oct 2025 when it was $1,125 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Troy, AL?The average rent of a 1 bedroom apartment in Troy, AL is $595 per month. That is about $404 less than the cost of a studio apartment.
- How many available rental listings are in Troy, AL?There are 60 available rental listings in Troy, AL.
- What are some zip codes in Troy, AL?
- What are some cities near Troy, AL?
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