Median Age
30 Years
Largest Age Group
20-29 Years
Approximately 28% of Residents
Under 20
23%
Over 65
14%
Avg Rent
$632
Population
17,847
Renter Mix
56% Rent
Troy, Alabama carries a quiet confidence that comes from being both a college town and a regional hub in the heart of Pike County. Troy University anchors much of the city's energy, drawing students, educators, and a steady flow of activity that keeps the local economy grounded and forward-looking. The university's influence stretches well beyond campus, shaping the character of surrounding neighborhoods and giving the city a rhythm that balances academic ambition with small-town ease.
The city's neighborhoods range from historic streets lined with mature trees and traditional Southern architecture to newer residential pockets with contemporary builds closer to commercial corridors. Whether you're drawn to a classic brick bungalow or a modern apartment community with updated finishes, Troy offers a housing mix that suits a range of preferences and lifestyles. Renters can find everything from cozy townhomes to well-appointed apartment communities near the university and beyond.
Living in Troy means settling into a place where Southern hospitality is part of everyday life. The pace is relaxed, the community is tight-knit, and the cost of living remains well below state and national averages. Troy University's Trojans athletics also bring seasonal excitement and a sense of shared pride that pulses through the city each fall.
Median Household Income
$37,099
Average: $62,453
Education
4,466
Residents Have a Degree
Job Market
7,575
Workers Employed
Median Age
30 Years
Largest Age Group
20-29 Years
Approximately 28% of Residents
Under 20
23%
Over 65
14%
Housing Distribution
Troy has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of July 2026, the average apartment rent in Troy, AL is $632 for one bedroom, $891 for two bedrooms, and $1,534 for three bedrooms. Apartment rent in Troy has increased by 2.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Troy, AL is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
982 Students
Public
Grades 5-12
Charles Henderson Middle School
Public
Grades 6-8
266 Students
Public
Grades 6-8
266 Students
Public
Grades 5-12
Public
Grades 9-12
546 Students
Troy-Pike Regional Center for Technology
Public
Grades 9-12
Public
Grades 5-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.