Troy, OH Rental Market Trends
Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Troy is $1,336, a 1.25% decrease compared to the previous year, when the average rent was $1,353.
One-bedroom apartments provide 672 square feet for $1,142, balancing privacy and affordability.
Two-beedroom units at $1,537 offer 1,067 square feet, perfect for roommates or small families.
Average rent in Troy, OH
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,336 | 879 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,142 | 672 sq. ft. |
| 2 Beds | $1,537 | 1,067 sq. ft. |
| 3 Beds | n/a | n/a |
Troy, OH rent trends
Rental prices in Troy, OH have decreased by 1.25% over the past year. The average rent moved from $1,353 to $1,336.
What's the typical rent budget in Troy, OH?
The largest share of rentals in Troy, OH (38%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Troy, OH?
3,801 or 35% of the households in Troy, OH are renter-occupied while 7,158 or 65% are owner-occupied.
How Troy Compares to Other Cities
| City | Average Rent |
|---|---|
| Troy | $1,336 |
| Columbus | $1,341 |
| Cincinnati | $1,445 |
| Cleveland | $1,575 |
| Dayton | $1,093 |
| Northwest Ohio | $1,094 |
| Akron | $1,111 |
| Delaware | $1,414 |
| Toledo | $975 |
| Warren | $918 |
| Westerville | $1,513 |
| Kettering | $1,060 |
| Huber Heights, OH | $1,298 |
| Springfield, OH | $1,050 |
| Fairborn, OH | $1,132 |
| Beavercreek, OH | $1,407 |
| Trotwood, OH | $1,073 |
| Riverside, OH | $943 |
| Moraine, OH | $1,336 |
| Clayton, OH | $1,183 |
| Piqua, OH | $1,017 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Troy apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.