Apartments & Homes for Rent in Troy, OH

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What to Know About

Life in Troy & Beyond

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

Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.

It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.

Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.

Rental Market Trends

Troy, OH

As of April 2025, Troy's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Troy's average rent is 27.3% ($364) lower than the Ohio average of $1,333 and 46.1% ($830) lower than the U.S. average of $1,799.

Average Rent
$969
Monthly ChangeMonth Over Month Change
Decreased12.9% ($144)
Yearly ChangeYear Over Year Change
Decreased2.6% ($26)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $784 Decreased12.5% ($112) Increased1.6% ($12)
2 Beds $1,086 Decreased6% ($69) Increased3.9% ($41)
3 Beds $1,428 Increased3% ($42) Increased11.2% ($144)
Nearby Cities Average Rent Avg. Rent vs. TroyAverage Rent vs. Troy Avg. Days on MarketAverage Days on Market
Piqua $987 Increased1.9% ($18) 39 days
West Milton $952 Decreased1.8% ($17) 42 days
Vandalia $993 Increased2.5% ($24) 29 days
Sidney $925 Decreased4.5% ($44) 44 days
Fairborn $907 Decreased6.4% ($62) 38 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, OH.

The average rent in Troy, OH is $969 per month.
Homes in Troy typically rent for between $600 and $1,856 per month, with an average of $969 per month.
In Troy, the average rent for a 1-bedroom home is $784 per month, for a 2-bedroom home, $1,086 per month, and a 3-bedroom home is $1,428 per month.
The average rent in Troy is 46.1% ($830) lower than the national average of $1,799 per month.
The average rent in Troy has decreased by 12.9% ($144) in the last month and decreased by 2.6% ($26) over the past year.
The rental market in Troy, OH, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Troy, OH, the average rental stays on the market for approximately 44 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 14 rental properties available in Troy, OH.
Based on the current averages, a household would need an annual income of $43,440 to comfortably afford a 2-bedroom home in Troy.
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