Cheap Apartments for Rent in Troy, IL

9 rentals

Apartments For Rent Near Troy, IL

We found 10 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 decreased in Nov 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
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
Sep 2026$1,525
Oct 2026$1,861
Nov 2026$1,532
View as a graph

Average Rent By Bedroom and Home Type

In November 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$1,475$1,850—$1,475
Townhomes—$1,125——$1,125
Apartments and Condos$1,250$1,050$1,850—$1,250
Houses—$2,250——$2,250

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 $1,532 per month. This is about 21% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Troy, IL?
    Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,095 per month.
  • How many cheap apartments are available in Troy, IL?
    There are 6 apartments to rent that are cheaper than the city’s average rent of $1,475.
  • 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.
  • 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.