Rentometer, Inc. | Data as of 10/23/2025
Troy, Alabama offers a diverse rental market that caters to students, young professionals, and families alike. Apartments are plentiful near the vibrant downtown area and Troy University campus, where residents enjoy easy access to cultural events, coffee shops, and public transportation. One‑bedroom units typically fall within the $600‑$900 range, while two‑bedroom apartments are commonly priced in the $700‑$800 bracket, providing affordable options for individuals and small households. Larger three‑bedroom apartments often range from $1,000‑$1,200, making them suitable for roommates or growing families seeking modern amenities close to retail and dining districts.
Homebuyers looking for more space can explore the historic neighborhoods surrounding Creekside Park and the Oakwood district, where three‑bedroom houses usually rent in the $1,100‑$1,300 range and four‑plus bedroom homes are available in the $1,500‑$1,600 tier. These properties frequently feature spacious yards, mature trees, and proximity to excellent schools, parks, and community facilities. Whether you’re drawn to the lively energy of downtown Troy or the quiet charm of its residential suburbs, the city’s rental landscape offers a compelling blend of affordability, convenience, and Southern hospitality.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $859 | $680 | $600 - $1,299 | $600 - $1,299 |
| Apartment | 2 Bedroom | $756 | $760 | $520 - $975 | $685 - $840 |
| Apartment | 3 Bedroom | $1,038 | $982 | $599 - $1,800 | $809 - $1,202 |
| House | 3 Bedroom | $1,222 | $1,099 | $900 - $2,500 | $1,079 - $1,295 |
| House | 4+ Bedroom | $1,520 | $1,500 | $900 - $2,000 | $1,200 - $2,000 |
In the current period, the average rent in Troy was $860 for 1 Bedroom, $861 for 2 Bedroom, $1,186 for 3 Bedroom, and $1,255 for 4+ Bedroom.
Data provided by Rentometer, Inc.