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Apartments for Rent in Troy NY

663 Rentals Available

Explore Rent Prices Near Troy, NY

Troy, NY’s average rent price is $1,676 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Waterford $1,290
Watervliet $1,339
Cohoes $1,626
Menands $1,592
Latham $1,562

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Troy, NY Apartments for Rent

Welcome to Troy, New York, a historic riverside community along the Hudson River. This Capital District city, home to Rensselaer Polytechnic Institute (RPI) and Russell Sage College, combines educational institutions with rich cultural heritage. The rental market shows steady growth, with one-bedroom apartments currently priced at $1,399, reflecting a 4.2% increase over the past year. Two-bedroom units average $1,563, while larger homes can range up to $3,189 for four-bedroom properties. Downtown Troy features apartments in restored Victorian buildings and traditional brownstones, with additional residential options in neighborhoods like Lansingburgh.

Troy's community comes alive at the weekly Waterfront Farmers' Market along the Hudson River shoreline. Monument Square anchors downtown, where historic architecture frames local shops and restaurants. Outdoor enthusiasts appreciate Prospect Park's walking trails and the Uncle Sam Bike Trail for recreation. The city's industrial heritage as a collar-manufacturing center earned its "Collar City" nickname, while today's Troy embraces arts and technology. Distinctive areas include the Washington Park Historic District, known for its preserved Victorian architecture, and the South Central neighborhood, which offers a range of housing options. The neighborhoods surrounding RPI and Russell Sage College feature a mix of historic homes and modern apartments.

Learn more about living in Troy, NY

Troy, NY Rental Insights

The average rent in Troy, NY is $1,420 per month. By comparison, renters across the U.S. pay an average of $1,632, which means housing in Troy, NY is slightly less expensive than much of the country.

Find affordable apartments for rent in Troy, NY by browsing listings in budget-friendly neighborhoods such as Central Troy Historic District, Downtown Troy, and Pottery District. Use filters by price, number of bedrooms, and amenities to narrow your search.

You can find flexible rentals in Troy, NY by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

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