Find Homes & Apartments for Rent in Troy, AL

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What to Know About

Life in Troy & Beyond

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

Alabama has enchanting small towns and breathtaking landscapes, where rolling hills and pristine Gulf Coast beaches beckon. Discover the state's rich heritage by visiting the Birmingham Civil Rights Institute and the Alabama Museum of Natural History, or attain a quality education at prestigious institutions such as the University of Alabama or Auburn University. In addition, industries such as manufacturing, agriculture, and aerospace also drive Alabama's economy.

Alabama boasts an impressive array of renowned attractions, including the exhilarating Civil Rights Trail, the legendary Robert Trent Jones Golf Trail, the formidable USS Alabama Battleship Memorial Park, and the historic town of Selma. Outdoor enthusiasts will be in paradise with many activities to choose from, including exploring the Gulf State Park or hiking the rugged mountains.

With its vibrant culture, thriving economy, and rich history, Alabama is perfect for those seeking a unique blend of urban and southern living. Be captivated by Alabama's charm, irresistible landscapes, and unparalleled quality of life. Alabama is a great place to live for those looking to experience the best of southern living.

Rental Market Trends

Troy, AL

As of March 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 20.0% ($256) lower than the Alabama average of $1,283 and 42.6% ($761) lower than the U.S. average of $1,788.

Average Rent
$1,027
Monthly ChangeMonth Over Month Change
Decreased0.1% ($1)
Yearly ChangeYear Over Year Change
Decreased11.3% ($131)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $710 Increased0.6% ($4) Decreased10.6% ($84)
2 Beds $796 Decreased1.1% ($9) Decreased12% ($109)
3 Beds $1,077 Increased2.4% ($25) Decreased9% ($106)
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, AL.

The average rent in Troy, AL is $1,027 per month.
Homes in Troy typically rent for between $600 and $1,400 per month, with an average of $1,027 per month.
In Troy, the average rent for a 1-bedroom home is $710 per month, for a 2-bedroom home, $796 per month, and a 3-bedroom home is $1,077 per month.
The average rent in Troy is 42.6% ($761) lower than the national average of $1,788 per month.
The average rent in Troy has decreased by 0.1% ($1) in the last month and decreased by 11.3% ($131) over the past year.
The rental market in Troy, AL, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Troy, AL, the average rental stays on the market for approximately 42 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 15 rental properties available in Troy, AL.
Based on the current averages, a household would need an annual income of $31,840 to comfortably afford a 2-bedroom home in Troy.
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