Apartments for Rent in Troy, OH

Prices and availability in Troy, OH were last updated on 19 May 2026.

The best apartments in Troy, OH are: Towne Park and Redwood Troy Arthur Road.

The average rent in Troy, OH is $1,029.

The price range for a 1-bedroom apartment in Troy, OH is between $1,316 and $2,080.

The price range for a 2-bedroom apartment in Troy, OH is between $1,430 and $3,015.

The price range for a 3-bedroom apartment in Troy, OH is between $1,535 and $2,100.

In Troy, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Troy's rentals, 65% are small-scale complexes with under 50 units, and 29% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Troy are about 42 years old, on average. Of these, 31% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Troy come in a range of sizes and floorplans. Studio apartments represent 10% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 44% of all rentals in Troy. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.