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 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 14.0% ($179) lower than the Ohio average of $1,277 and 38.1% ($677) lower than the U.S. average of $1,775.

Average Rent

$1,098

Monthly ChangeMonth Over Month Change

7.8% ($79)

Yearly ChangeYear Over Year Change

28.3% ($242)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$849	6.1% ($49)	17.4% ($126)
2 Beds	$1,215	4.4% ($51)	28.6% ($270)
3 Beds	$1,376	0.4% ($6)	2.1% ($28)

Nearby Cities	Average Rent	Avg. Rent vs. TroyAverage Rent vs. Troy	Avg. Days on MarketAverage Days on Market
Piqua	$928	15.5% ($170)	39 days
West Milton	$952	13.3% ($146)	42 days
Vandalia	$1,041	5.2% ($57)	29 days
Englewood	$1,071	2.5% ($27)	30 days
Sidney	$944	14% ($154)	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, OH.

What is the average rent in Troy, OH?

The average rent in Troy, OH is $1,098 per month.

What is the rental price range for houses in Troy, OH?

Houses in Troy typically rent for between $600 and $1,789 per month, with an average of $1,098 per month.

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

In Troy, the average rent for a 1-bedroom house is $849 per month, for a 2-bedroom house, $1,215 per month, and a 3-bedroom house is $1,376 per month.

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

The average rent in Troy is 38.1% ($677) lower than the national average of $1,775 per month.

How have rent prices in Troy, OH changed recently?

The average rent in Troy has increased by 7.8% ($79) in the last month and increased by 28.3% ($242) over the past year.

How competitive is the rental market in Troy, OH?

The rental market in Troy, OH, 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, OH?

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.

How many rental properties are available in Troy, OH?

There are currently 18 rental properties available in Troy, OH.

Can I afford to rent a house in Troy, OH?

Based on the current averages, a household would need an annual income of $48,600 to comfortably afford a 2-bedroom house in Troy.