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Rental Market Trends in Troy, TX

What is the average rent in Troy, TX?

$826/month

Average Rent

650 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of June 2025, the average rent in Troy, TX is $826 per month. This is 49% lower than the national average rent of $1,627/month, making renting in Troy more affordable than most cities in the US. When you rent an apartment in Troy, you can expect to pay about per month for a studio, $826 for a one-bedroom apartment, and around $996 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$826/month
650 Sq Ft
Two Bedroom
$996/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$2,785/month
1,681 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Troy, TX?

In the past year, rent has increased by 2.8%, which averages out to $24 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Troy, TX
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Troy, TX
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $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, TX?

Because the average rent in Troy is $826, you’ll want to make about $2,753 per month or $33,036 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, TX

15 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Troy, TX 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

Nearby City Rent Trends

  • Temple Average Rent
  • Belton Average Rent
  • Hewitt Average Rent

Apartment communities in Troy we think you'll love

737 Oxford Ln

737 Oxford Ln

737 Oxford Ln,
Troy, TX 76579

4 Beds | $5,220

425 Oxford Ln

425 Oxford Ln

425 Oxford Ln,
Troy, TX 76579

4 Beds | $5,640

737 Oxford Ln

737 Oxford Ln

737 Oxford Ln,
Troy, TX 76579

4 Beds | $5,720

600 Oxford Ln

600 Oxford Ln

600 Oxford Ln,
Troy, TX 76579

4 Beds | $4,710

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United States Texas 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity