Single-Family Homes for Rent in Troy, NY

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What to Know About

Life in Troy & Beyond

Troy shares many of the great qualities that make New York a desirable place to live.

New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.

From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.

New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.

Rental Market Trends

Troy, NY

As of April 2025, Troy's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Troy's average rent is 33.7% ($849) lower than the New York average of $2,520 and 7.1% ($128) lower than the U.S. average of $1,799.

Average Rent
$1,671
Monthly ChangeMonth Over Month Change
Increased4.4% ($71)
Yearly ChangeYear Over Year Change
Increased15.2% ($220)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,496 Increased10.2% ($139) Increased21.6% ($266)
2 Beds $1,715 Increased9.2% ($145) Increased21.7% ($306)
3 Beds $1,987 Increased2.1% ($40) Increased11.6% ($206)
Nearby Cities Average Rent Avg. Rent vs. TroyAverage Rent vs. Troy Avg. Days on MarketAverage Days on Market
Watervliet $1,449 Decreased13.3% ($222) 36 days
Cohoes $1,645 Decreased1.6% ($26) 31 days
Latham $1,713 Increased2.5% ($42) 31 days
Albany $1,687 Increased1% ($16) 31 days
Rensselaer $2,020 Increased20.9% ($349) 44 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Troy Rental Market FAQs

Explore rental prices, market trends, and availability in Troy, NY.

The average rent in Troy, NY is $1,671 per month.
Houses in Troy typically rent for between $1,047 and $2,583 per month, with an average of $1,671 per month.
In Troy, the average rent for a 1-bedroom house is $1,496 per month, for a 2-bedroom house, $1,715 per month, and a 3-bedroom house is $1,987 per month.
The average rent in Troy is 7.1% ($128) lower than the national average of $1,799 per month.
The average rent in Troy has increased by 4.4% ($71) in the last month and increased by 15.2% ($220) over the past year.
The rental market in Troy, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Troy, NY, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 54 rental properties available in Troy, NY.
Based on the current averages, a household would need an annual income of $68,600 to comfortably afford a 2-bedroom house in Troy.
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