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Apartments for Rent in Troy, AL

1-9 of 9 rentals

Apartment for rent at Winsor Place, 324 Montgomery St, Troy, AL 36081

1/10

Featured

Managed by Winsor Place

$895

Apartment2 Beds1 Bath800 ft²

Winsor Place

324 Montgomery St, Troy, AL 36081

Winsor Place in Troy, AL offers comfortable apartments featuring spacious closets, convenient washer and dryer hookups, and central heating and cooling for year-round comfort. The floorplans provide practical layouts and ample storage. Located in a neighborhood setting, Winsor Place combines functional interior features with a pleasant surrounding environment for easy living. No Smoking and No Pets. Amenities: Roommate Free, Close to Jefferson splash pad and ball park, Stove, Large spacious closets, Central Cooling, Quiet Neighborhood, Minutes from The Square & Pest Control.

Apartment for rent at Pike Ridge II, 501 E Elm St, Troy, AL 36081

1/7

Managed by Cedar II Realty

$1,200

Apartment2 Beds2 Baths900 ft²

Pike Ridge II

501 E Elm St, Troy, AL 36081

Welcome to our newly constructed 2 bedroom, 2 bath apartment, perfect for those seeking modern comfort and convince. 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. Amenities: Stove & Monthly Pest Control.

Apartment for rent at 131 W Pike St, Troy, AL 36081

1/6

Listed by a leasing agent

$535

Apartment2 Beds1 Bath

131 W Pike St

Troy, AL 36081

The Veranda Apartments, located at 131 W Pike St in Troy, AL, is a prominent business in the categories of apartment buildings and rental apartment operators. This establishment offers a range of living options for those seeking comfortable and convenient housing in the Troy area.

1/6

Listed by a leasing agent

$530

Apartment3 Beds1 Bath

100 Woodland Hills Dr

Troy, AL 36081

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

1/10

Managed by JNB Platinum Properties

$545

Apartment1 Bed1 Bath361 ft²

Pointe at Troy

100 Gibbs St, Troy, AL 36081

Make life the Largest it can be. Tan by the pool. Chill on our resort poolside cabanas. Sweat it out in our indoor fitness center. All while being a short drive away from the Troy University campus. The Pointe at Troy is the oasis that Troy has been waiting for. Ready to kick back, relax and get your Zen on? Need to focus and study? We've got plenty of that too. With so many options, you do you. Located just north of campus, Pointe at Troy easily allows you to walk or bike to class.

Apartment for rent at Highland Park, 112 Highland Ave, Troy, AL 36081

1/10

Managed by BlueKey Properties

$1,100

Apartment2 Beds2 Baths

Highland Park

112 Highland Ave, Troy, AL 36081

Apartment for rent in Troy for $1,100 with 2 beds, 2 baths, pet friendly and located within Highland Park at 112 Highland Ave in Troy, AL 36081.

Apartment for rent at 1003 N 3 Notch #12, Troy, AL 36081

1/5

Managed by RPS Services

$650

Apartment2 Beds1 Bath

1003 N 3 Notch #12

Troy, AL 36081

This is a 2 bedrooms and 1 bathroom unit and is now available for rent and east to move in. This unit was recently remodeled and received repairs. The unit is only 2 minutes away from Murphree Park and 5 minutes away from Troy University. An amazing location for anyone interested in partaking in the many citywide events pertaining to the university or other celebrations. First moth's rent is $650 and the security deposit is also $650 which both are due upon signing. Washer and dryer hookups are available for your machines in this unit for your convenience.

1/8

Managed by Cedar II Realty

$1,000

Apartment2 Beds2 Baths800 ft²

526 Folmar St

Troy, AL 36081

2 Bedroom / 2 Bathroom Apartment for Rent in Troy, AL. Enjoy convenient living in this 2-bedroom, 2-bathroom unit located in a quiet quadplex in Troy, Alabama. This property is within walking distance of Troy University and just a short distance from downtown Troy, making it a great location for students, professionals, or anyone looking to enjoy the convenience of nearby shopping, dining, and local attractions. Amenities: Stove & Lawncare.

1/10

Managed by Madison Oak Apartments

$625

Apartment1 Bed1 Bath

Madison Oak

604 E Madison St, Troy, AL 36081

Cozy and efficient 1-bedroom, 1-bath apartment in Troy, AL, located within walking distance to Troy University and minutes from The Square. This freshly painted apartment features new plush carpet and convenient access to a Troy University transit stop. With a no pets and no smoking policy, this apartment offers a simple and well-kept living space in a convenient location. Amenities: Quiet Neighborhood, Stove, Efficient Apartment & Pest Control.

Viewing 1-9 of 9 rentals in Troy

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

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As of November 2026, Troy's rental market is balanced, with rentals spending about 37 days on the market, slower than in Alabama (34), and rents up 2.6% over the past year. Troy's average rent is 16.6% ($236) lower than the Alabama average of $1,419 and 41.9% ($853) lower than the U.S. average of $2,036.

Average Rent

$1,183

Monthly ChangeMonth Over Month Change

0.47% ($6)

Yearly ChangeYear Over Year Change

2.6% ($30)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$879	0.05%	0.8% ($7)
2 Beds	$1,044	0.49% ($5)	1.0% ($10)
3 Beds	$1,402	0.27% ($4)	2.6% ($36)

Based on rentals advertised on RentalSource in and around Troy.

Frequently Asked Questions

Troy Rental Market FAQs

Explore rental prices, market conditions, and affordability in Troy, AL.

What is the average rent in Troy, AL?

The average rent in Troy, AL is about $1,183 per month.

What is the average rent for different bedroom sizes in Troy, AL?

In Troy, the average rent is about $879 per month for a 1-bedroom apartment, about $1,044 for a 2-bedroom apartment and about $1,402 for a 3-bedroom apartment.

How do rent prices in Troy, AL compare with the national average?

The average rent in Troy is 41.9% ($853) lower than the national average of $2,036 per month.

How competitive is the rental market in Troy, AL?

The rental market in Troy, AL is currently balanced, with rentals spending about 37 days on the market, slower than in Alabama (34), and rents up 2.6% over the past year.

Can I afford to rent an apartment in Troy, AL?

Based on the current averages, a household would need an annual income of about $41,800 to comfortably afford a 2-bedroom apartment in Troy.

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