Missouri, nicknamed the "Show-Me State," is where rich history meets modern-day adventure. From the rolling hills, fertile farmland, and scenic rivers to bustling cities, Missouri offers diverse cultural experiences and breathtaking elegance. See the state's storied past by visiting iconic landmarks like the Missouri History Museum and Mark Twain Boyhood Home & Museum. This place is a haven for students, with highly esteemed universities like the University of Missouri and Missouri State University. Missouri's economy is strong, built on a foundation of industries like agriculture, manufacturing, and technology.

The state offers a diverse range of experiences for outdoor enthusiasts, from breathtaking hikes in the Ozark Mountains to leisurely floats down the Missouri River. The state has a strong sports culture with popular teams such as the Kansas City Chiefs (NFL), St. Louis Blues (NHL), and St. Louis Cardinals (MLB). Take advantage of famous attractions like the Gateway Arch, the Kansas City Zoo, the Katy Trail State Park, and the historic town of Hermann.

Missouri is a great place to live, boasting a friendly and welcoming atmosphere, plenty of job opportunities, and exciting attractions.

Rental Market Trends

Troy, MO

As of July 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 13.4% ($150) higher than the Missouri average of $1,123 and 28.3% ($502) lower than the U.S. average of $1,775.

Average Rent

$1,273

Monthly ChangeMonth Over Month Change

4.4% ($54)

Yearly ChangeYear Over Year Change

26.8% ($465)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,087	6.6% ($67)	1.9% ($20)
2 Beds	$1,273	4.9% ($59)	1.2% ($16)
3 Beds	$1,711	1.5% ($25)	5.9% ($108)

Nearby Cities	Average Rent	Avg. Rent vs. TroyAverage Rent vs. Troy	Avg. Days on MarketAverage Days on Market
Moscow Mills	$1,386	8.9% ($113)	43 days
Wright City	$1,275	0.2% ($2)	40 days
Wentzville	$1,403	10.2% ($130)	28 days
Lake Saint Louis	$1,702	33.7% ($429)	28 days
Warrenton	$1,300	2.1% ($27)	43 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, MO.

What is the average rent in Troy, MO?

The average rent in Troy, MO is $1,273 per month.

What is the rental price range for homes in Troy, MO?

Homes in Troy typically rent for between $761 and $2,224 per month, with an average of $1,273 per month.

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

In Troy, the average rent for a 1-bedroom home is $1,087 per month, for a 2-bedroom home, $1,273 per month, and a 3-bedroom home is $1,711 per month.

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

The average rent in Troy is 28.3% ($502) lower than the national average of $1,775 per month.

How have rent prices in Troy, MO changed recently?

The average rent in Troy has increased by 4.4% ($54) in the last month and decreased by 26.8% ($465) over the past year.

How competitive is the rental market in Troy, MO?

The rental market in Troy, MO, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Troy, MO?

In Troy, MO, 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.

How many rental properties are available in Troy, MO?

There are currently 3 rental properties available in Troy, MO.

Can I afford to rent a home in Troy, MO?

Based on the current averages, a household would need an annual income of $50,920 to comfortably afford a 2-bedroom home in Troy.