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Rental Market Trends in Troy, TX

Updated September 2026

The average rent in Troy, TX is $726/month.

Rent in Troy is 56% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$726/month

Average Rent

650 Sq Ft

Average Size

+0.6%

Change / Year

10

Available Apartments

Troy rent varies by unit size and layout:

  • Studio apartments in Troy average per month.
  • One-bedroom apartments in Troy average $726 per month.
  • Two-bedroom apartments in Troy average $796 per month.
  • Three-bedroom apartments in Troy average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$726/month
650 Sq Ft
Two Bedroom
$796/month
850 Sq Ft
View Troy Apartments

How much has average rent changed in Troy, TX?

In the past year, rent has increased by 0.6%, which averages out to $5 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Troy, TX

September 2026
$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 $726, you’ll want to make about $2,420 per month or $29,040 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

10 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

Compare Rent Trends Nearby

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

  • Temple

    Temple

    Avg Rent: $1,049/month

  • McGregor

    McGregor

    Avg Rent: $853/month

  • Belton

    Belton

    Avg Rent: $1,117/month

  • Hewitt

    Hewitt

    Avg Rent: $1,280/month

Apartment Communities in Troy We Think You'll Love

1101 S College Ave

1101 S College Ave

1101 S College Ave,
Troy, TX 76579

3 Beds | $1,375

725 Gingham Trl

725 Gingham Trl

725 Gingham Trl,
Troy, TX 76579

3 Beds | $1,800

625 Oxford Ln

625 Oxford Ln

625 Oxford Ln,
Troy, TX 76579

3 Beds | $1,800

384 Jacquard Ct

384 Jacquard Ct

384 Jacquard Ct,
Troy, TX 76579

4 Beds | $1,785

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Frequently Asked Questions

What is the average rent in Troy?

The average rent in Troy is $726 per month, which is 56.4% lower than the national average of $1,664.

Are rents going up or down in Troy?

Rents in Troy, TX are increasing, with prices up 0.6% year-over-year and $5 more per month.

What rent range is most common in Troy?

In Troy, TX, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity