Cheap Apartments for Rent in Troy, IL

13 rentals

Apartments For Rent Near Troy, IL

We found 13 more apartments matching your filters just outside Troy

Average Rent Trends in Troy, IL

Rent in Troy, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Sep 2025$1,450
Oct 2025$1,115
Nov 2025$1,095
Dec 2025$1,500
Jan 2026$1,265
Feb 2026$1,145
Mar 2026$1,400
Apr 2026$1,450
May 2026$1,275
Jun 2026$1,350
Jul 2026$1,500
Aug 2026$1,800
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,250$1,375$1,800$1,800$1,400
Townhomes—$1,115——$1,115
Apartments and Condos$1,250$1,375—$1,800$1,375
Houses—$1,650$1,800—$1,650

Frequently Asked Questions about Rentals in Troy, IL

  • What is the average rent of an apartment in Troy, IL?
    The average rent of an apartment in Troy, IL is $1,375 per month. This is about 30% lower than the national average.
  • When is the average rent cheapest in Troy, IL?
    In the last year, the average rent in Troy, IL was lowest in Nov 2025 when it was $1,095 per month.
  • When is the average rent most expensive in Troy, IL?
    In the last year, the average rent in Troy, IL was highest in Feb 2025 when it was $1,600 per month.
  • How many available rental listings are in Troy, IL?
    There are 12 available rental listings in Troy, IL.
  • What are some zip codes in Troy, IL?
    Troy, IL includes zip codes such as: 62294.
  • What are some cities near Troy, IL?
    Some nearby cities include: Maryville, Saint Jacob, Collinsville, Glen Carbon, O Fallon. These cities may have more rental options to explore.