Monthly rent

$1,200

Beds

Baths

Sqft

900

Monthly rent	$1,200
Beds	2
Baths	2
Sqft	900

5+ Days Ago

Highlights

Modern comfort
Brand-new apartment
Newly constructed prime location

Location

501 E Elm St, Troy, AL 36081, USA

Tour 501 E Elm St

Contact

Anthony Kilpatrick

Cedar II Realty

(844) 326-4325 ext. 9451

About 501 E Elm St

Home

501 E Elm St, Troy, AL 36081, USA

Property Status: Active Welcome To Our Newly Constructed 2-bedroom,2-bath Apartment,Which Is Perfect For Those Seeking Modern Comfort And Convenience. Situated In A Prime Location Conveniently Located To Downtown Troy And Troy University. Contact Us Today To Schedule A Viewing And Make This Brand-new Apartment Your Next Home!,For Questions About This Property Or Any Of Our Available Rentals,Please Contact Our Office At 334-770-0872. You May Also Reach Me Directly At 334-465-1360. Office Phone: (334) 770-0872 Copyright © 2026 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: Pike County Board of Realtors|MLS Listing No. 27098

Go to property website

Zip code

36081

Type

Apartment for rent

Rent trends in Troy

2-bedroom apartments at 501 E Elm St cost about 20% more than the average rent price for 2-bedroom apartments in Troy.

Median rents as of Jan 24 2026.

Troy

A table of 2-bedroom apartment rental data trends in Troy
Month	Median Rent
February 2024	$1,044
March 2024	$1,069
April 2024	$1,003
May 2024	$950
June 2024	$912
July 2024	$887
August 2024	$899
September 2024	$900
October 2024	$900
November 2024	$900
December 2024	$925
January 2025	$987
February 2025	$915
March 2025	$953
April 2025	$1,062
May 2025	$1,062
June 2025	$987
July 2025	$969
August 2025	$949
September 2025	$939
October 2025	$917
November 2025	$943
December 2025	$942
January 2026	$989

Affordability calculator

Can I afford to live at 501 E Elm St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.

For more information on rent affordability, visit our rent calculator.

Points of interest for 501 E Elm St, Troy

Groceries

5/10

At least one grocery store within a 30-minute walk

Shopping

5/10

Variety of shops within walking distance

Cafes

5/10

Some cafés within walking distance

Restaurants

4/10

Some restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 20-minute walk

High schools

8/10

At least one high school within a 20-minute walk

Nightlife

1/10

Few or no bars within walking distance

501 E Elm St501 E Elm St, Troy, AL 36081, USA

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501 E Elm St
501 E Elm St, Troy, AL 36081, USA