100 Best Apartments in Troy, NY (with reviews)

Popular searches Average rent Renters guide Demographics

Rent prices in cities near Troy, NY

View All New York Cities

Nearby cities

View All New York Cities

Storage units in cities near Troy, NY

Popular apartments

Average rent in Troy, NY

$1,427/mo Troy, NY average rental price, May 2023

The average monthly rent of apartments in Troy, NY is $1,427.

Troy, NY apartment rent ranges

About 24% of apartment rents in Troy, NY range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 6% of apartments. Around 66% of Troy’s apartments are in the $1,001-$1,500 price range. 5% of apartments are priced between $701-$1,000.

Troy, NY rent trends

Check out the average rent prices in Troy by neighborhood.

Compared to the national average rent of $1,727, the average rent in Troy, NY is $1,427.

Getting around in Troy, NY

82 /100

Very Walkable

48 /100

Some Transit

51 /100

Bikeable

Walk Score®: 82, Transit Score®: 48, Bike Score®: 51

Frequently asked questions

When were prices and availability in Troy, NY last updated?

Prices and availability in Troy, NY were last updated on 27 May 2023.

What are the best apartments in Troy, NY?

The best apartments in Troy, NY are: The River Street Lofts, School One, The Collar Factory Lofts, Vicina - Modern Urban Flats and The News Apartments.

What is the average rent in Troy, NY?

The average rent in Troy, NY is $1,427. Start your search for apartments in Troy, NY now.

What is the price range for a studio apartment in Troy, NY?

The price range for a studio apartment in Troy, NY is between $745 and $3,040. View all studio apartments in Troy, NY.

What is the price range for a 1-bedroom apartment in Troy, NY?

The price range for a 1-bedroom apartment in Troy, NY is between $840 and $3,458. Browse all available 1-bedroom apartments in Troy, NY now.

What is the price range for a 2-bedroom apartment in Troy, NY?

The price range for a 2-bedroom apartment in Troy, NY is between $695 and $4,154. Browse and find a 2-bedroom apartment in Troy, NY.

What is the price range for a 3-bedroom apartment in Troy, NY?

The price range for a 3-bedroom apartment in Troy, NY is between $1,430 and $4,092. Browse all available 3-bedroom apartments in Troy, NY.

What type of rental buildings are in Troy, NY?

In Troy, 66% of the residents are renting compared to 34% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Troy’s rentals, 78% are small-scale complexes with under 50 units, and 5% are single-family rentals.

What do typical apartment communities look like in Troy, NY?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Troy are about 42 years old, on average. Of these, 30% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 79% of the rental communities here are low-rise, garden-style communities, 22% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Troy, NY?

Studio apartments in Troy are around 1% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Troy, NY

Located in upstate New York is the quaint town of Troy. It’s part of a region called the Capital District in Rensselaer County, which includes Albany and Schenectady as its sister cities. This area of New York is around three hours away from Manhattan by car down Interstate 87. For renters who work in government and commute to the capital in Albany, it’s about seven miles away to the south. The area itself is a beautiful place with rolling hills and lots of greenery on the eastern bank of the Hudson River. The park system is also a big draw, especially for young families who rent. In particular, golfing at Frear Park Municipal Golf Course is also a popular activity with a 247-acre public course and an ice rink at its location along Bradley Lake. It’s a fun place to spend the day for renters who enjoy the outdoors.

Renting in Troy, NY

It’s a renters’ paradise in Troy as it’s estimated that more than 60% of the population rents here. Rentals vary between one- to three-bedroom units; townhomes; and condos along the Hudson River that has scenic views. The amenities tend to cater to the busy professional who may work in nearby Albany in a government position. That means dry cleaning services, fitness centers and business areas are common to most rental apartment communities. Most of the rental apartments also have walking trails for pets, dog parks and are considered pet-friendly. That makes it easy for a renter to have a furry friend in their rental home. Plus, some of the apartments in downtown Troy are within walking distance of certain amenities, such as coffee shops, convenience stores and independent restaurants.

Troy, NY demographics

50,717Total Population
26,095 Female

24,622 Male
32.5Median Age

Troy, NY has a population of 50,717 according to the most recent data from the U.S. Census Bureau. 26,095 of Troy’s residents are women and 24,622 are men. The median age of those who live in Troy, NY is 32.5.

Shopping in Troy, NY

There are many shopping plazas and strip malls located around each rental apartment community in Troy. That means renters have access to shops and stores for daily errands and are never very far from a grocery store. Some of those plazas include Hudson River Commons and Hudson Valley Plaza that have pharmacies; small, take-out restaurants; and banks. Otherwise, for an indoor mall, it’s easy to travel to Albany to Crossgates Mall, which is only around 12 miles away. It has 200 stores on two different levels with eight anchor stores, like Macy’s and Dillard’s. Renters can easily spend a whole day shopping here for just about anything they need to outfit a well-appointed rental home.

Troy, NY households

9,865 Family

11,430 Non-family
5,137 Children

16,158 No Children

21,295Total Number of Households
2.15Average People Per Household
$50,304Median Household Income

According to U.S. Census data, there are 21,295 households in Troy, NY. 9,865 are family households and 11,430 are non-family households. There are 5,137 households with children in Troy and 16,158 households without children. On average, about 2.15 people live in a household in Troy, NY.

Transportation in Troy, NY

The public transportation in Troy is run by the Capital District Transportation Authority. That means it’s easy to take a bus into nearby Albany or Schenectady from rental apartments in Troy for renters who need to commute to jobs without a car. Likewise, inner-city buses have routes that go all around town near popular places for renters to use. Alternatively, the main road is U.S. 4. It runs north and south through the city making it easy to connect to routes that will get to Albany and further down south to New York City. Or, renters who want to get into New York City travel to a “park and ride” location like the one in Kingston and jump on the Metro-North Railroad train. Finally, for air travel, it doesn’t get any easier for renters than to fly right out of the Albany International Airport, which is only around seven miles away from rental apartments in Troy.

Troy, NY education statistics

The level of education of the population of Troy, NY is as follows: 3% have no high school education, 37% completed some high school, 23% partially completed college, 10% have an Associate Degree, 17% have a Bachelor Degree, and 10% have a Graduate Degree.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Troy, NY. Easily search through a wide selection of apartments for rent in Troy, NY, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Troy, NY apartments with rents starting from $650 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

Apartments for Rent in Troy, NY 64 Rentals Available

Popular searches by size

Popular searches by amenities

Popular searches by price