Average Rent in Troy, IL and Rent Price Trends

Rent trends in Troy, IL

Average rent prices in Troy have decreased by 4% over the last month and have decreased by 18% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Troy, IL

Rent prices in Troy vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Troy is $1,100, whereas a house costs $1,647. 1-bedroom apartments in Troy run $1,100 on average, while 2-bedroom apartments are $1,350.


1 bedroom	$1,562	6%	-
2 bedroom	$1,200	9%	14%
3 bedroom	$1,847	No Change	14%
4 bedroom	$1,950	2%	23%


Apartments	$1,100	No Change	No Change
Condos	$1,672	4%	No Change
Houses	$1,647	12%	No Change

1 bedroom

Average rent

$1,562

Last 30 days

2 bedroom

Average rent

$1,200

Last 30 days

Last year

14%

3 bedroom

Average rent

$1,847

Last year

14%

4 bedroom

Average rent

$1,950

Last 30 days

Last year

23%

The table above reflects average rent prices in Troy, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Troy, IL compare to other cities?

Compare median rent prices in Troy and Alton by all bedroom counts and property types.

Troy

Median rent price$1,562

18%

lower than the national median

Median rent price$950

50%

lower than the national median

Takeaway

The median rent for all rentals in Troy, IL is 64% higher than the median rent in Alton, IL.

Average rent in nearby cities

Explore rent trends in neighboring markets

$950

$1,050

$1,100

$1,175

$1,472

$1,150

$1,312

$1,150

$1,050

$1,950

$1,250

$1,100

Discover rentals in Troy, IL

5d+ ago

House for rent in Troy

Residential Lease, Troy, IL

309 Ash St, Troy, IL 62294

3 beds

1 bath

$1,400

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Frequently asked questions for Troy, IL

Quick answers to common questions about the Troy rental market.

How much is rent in Troy?

The average rent in Troy is $1,562 per month as of September 12, 2026.

Is rent up or down in Troy?

Average rent prices in Troy have decreased by 4% over the last month and have decreased by 18% since last year.

How does Troy rent compare to the national average?

Rent in Troy is 18% below the national average, which means renters are paying approximately $338 less per month.

What salary do I need to afford rent in Troy?

To comfortably afford rent in Troy, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).