Average Rent in Troy, NY
6 apartment buildings, 36 units. Real asking prices, refreshed daily.
Avg Rent
$1,887/mo
Cheapest
$1,175/mo
Properties
6
Units
36
Analysis
Rent Price Breakdown
Compare pricing across all 6 properties in Troy, NY.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Troy, NY Rent Prices
All 6 properties ranked by lowest available rent.
Diamond Rock Terrace
11-13 Gurley Ave, Troy, NY 12182, USA
Vandenburgh Place Apartments
100 Vandenburgh Pl, Troy, NY 12180, USA
Vicina - Modern Urban Flats
100 Congress St, Troy, NY 12180, USA
Riverstone Apartment
Riverstone Dr, Troy, NY 12182, USA
Stoneledge Terrace Apartments
14 Stoneledge Dr, Troy, NY 12182, USA
The Peabody Apartments
625 7th Ave, Troy, NY 12182, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Diamond Rock Terrace 11-13 Gurley Ave, Troy, NY 12182, USA | $1,175 | $1,242 | $1.63 | 3.9 (53) | 3 |
| 2 | Vandenburgh Place Apartments 100 Vandenburgh Pl, Troy, NY 12180, USA | $1,571 | $1,742 | $4.57 | 3.1 (77) | 10 |
| 3 | Vicina - Modern Urban Flats 100 Congress St, Troy, NY 12180, USA | $1,649 | $2,044 | $2.32 | 4.7 (27) | 18 |
| 4 | Riverstone Apartment Riverstone Dr, Troy, NY 12182, USA | $1,780 | $2,005 | $2.02 | 4.3 (12) | 4 |
| 5 | Stoneledge Terrace Apartments 14 Stoneledge Dr, Troy, NY 12182, USA | $2,000 | $2,000 | $1.65 | 4.4 (63) | 1 |
| 6 | The Peabody Apartments 625 7th Ave, Troy, NY 12182, USA | -- | -- | -- | 3.3 (9) | 0 |
Explore Each Property
Diamond Rock Terrace
3.9 (53)11-13 Gurley Ave, Troy, NY 12182, USA
Vandenburgh Place Apartments
3.1 (77)100 Vandenburgh Pl, Troy, NY 12180, USA
Vicina - Modern Urban Flats
4.7 (27)100 Congress St, Troy, NY 12180, USA
Riverstone Apartment
4.3 (12)Riverstone Dr, Troy, NY 12182, USA
Stoneledge Terrace Apartments
4.4 (63)14 Stoneledge Dr, Troy, NY 12182, USA
The Peabody Apartments
3.3 (9)625 7th Ave, Troy, NY 12182, USA
Troy, NY Average Rent Prices 2026
The average rent in Troy, NY is $1,887 per month, based on 36 units across 6 apartment communities. Prices range from $1,175 at Diamond Rock Terrace to $2,000 at Stoneledge Terrace Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,732/mo | $1,571/mo | 12 |
| 1 Bed | $1,865/mo | $1,175/mo | 12 |
| 2 Bed | $2,065/mo | $1,275/mo | 12 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Troy, NY, and what they pay
Tracked one-bedroom rent in Troy, NY averages $1,865/mo, with two-bedroom units averaging $2,065/mo. At the local median household income of $57,688, that works out to 39% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Troy, NY at $1,134/mo. The current tracked market average runs 66% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Troy, NY while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Troy, NY?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$75,000/year
30 percent rule -- using our average rent of $1,887/mo.
Comfortable income
$91,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,175/mo), you need to earn at least $47,000/year.
Median household income in Troy, NY is $57,688 , about 36% below the comfortable-living threshold.
Cost of living in Troy, NY
Overall prices in Troy, NY runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Troy, NY's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,887 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $4,970/mo |
Population
51,054
Median household income
$57,688
Census median rent
$1,134/mo
Rent as % of income
31.7%
Median age
33.0
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New York
How Troy, NY rent compares to other markets in the state.
| City | Avg Rent | vs Troy, NY | Properties |
|---|---|---|---|
| Albany, NY | $1,869 | -1% | 21 |
| Brooklyn, NY | $4,528 | +140% | 10 |
| Rochester, NY | $1,816 | -4% | 9 |
| Cohoes, NY | $1,969 | +4% | 8 |
| Syracuse, NY | $1,771 | -6% | 6 |
| Buffalo, NY | $1,739 | -8% | 6 |
Frequently asked questions
What is the average rent in Troy, NY?
The average rent in Troy, NY is $1,887 per month, based on 36 units across 6 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Troy, NY?
The lowest available rent in Troy, NY starts at $1,175 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Troy, NY?
1-bedroom apartments in Troy, NY average $1,865/mo. The lowest listed 1-bedroom starts at $1,175/mo across 12 units tracked.
How much is a 2-bedroom apartment in Troy, NY?
2-bedroom apartments in Troy, NY average $2,065/mo. Units start from $1,275/mo across 12 units currently listed.
Rent Trends in Troy, NY
Track how apartment prices are changing over time.
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