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Rental Market Trends in Troy, MO

Updated August 2026

The average rent in Troy, MO is $902/month.

Rent in Troy is 46% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$902/month

Average Rent

701 Sq Ft

Average Size

+7.1%

Change / Year

14

Available Apartments

Troy rent varies by unit size and layout:

  • Studio apartments in Troy average per month.
  • One-bedroom apartments in Troy average $902 per month.
  • Two-bedroom apartments in Troy average $1,105 per month.
  • Three-bedroom apartments in Troy average $1,177 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$902/month
701 Sq Ft
Two Bedroom
$1,105/month
902 Sq Ft
Three Bedroom
$1,177/month
744 Sq Ft
View Troy Apartments

How much has average rent changed in Troy, MO?

In the past year, rent has increased by 7.1%, which averages out to $65 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Troy, MO

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Troy, MO
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
75% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Troy, MO?

Because the average rent in Troy is $902, you’ll want to make about $3,006 per month or $36,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Troy, MO

14 Available Apartments for Rent

Search for Nearby Apartments

How does Troy, MO compare to other nearby cities and neighborhoods?

Use the tool below to compare Troy, MO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Moscow Mills

    Moscow Mills

    Avg Rent: $1,100/month

  • Wright City

    Wright City

    Avg Rent: $1,097/month

  • Wentzville

    Wentzville

    Avg Rent: $1,365/month

  • Warrenton

    Warrenton

    Avg Rent: $922/month

  • Lake Saint Louis

    Lake Saint Louis

    Avg Rent: $1,289/month

Apartment Communities in Troy We Think You'll Love

Boone Street Commons

Boone Street Commons

6000-9000 Boone Street Commons Ct,
Troy, MO 63379

2 Beds | $1,250

The Boulders at Moscow Mills

The Boulders at Moscow Mills

4 Santo Domingo Dr,
Moscow Mills, MO 63362

1-3 Beds | $1,300 - $1,775

Elm Tree Commons

Elm Tree Commons

32 Elm Tree Rd,
Moscow Mills, MO 63362

1 Bed | $950

15 Glen Meadows Dr

15 Glen Meadows Dr

15 Glen Meadows Dr,
Troy, MO 63379

3 Beds | $2,000

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Frequently Asked Questions

What is the average rent in Troy?

The average rent in Troy is $902 per month, which is 45.8% lower than the national average of $1,664.

Are rents going up or down in Troy?

Rents in Troy, MO are increasing, with prices up 7.1% year-over-year and $65 more per month.

What rent range is most common in Troy?

In Troy, MO, 75% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Missouri Troy Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity