Apartments for Rent in Troy, NY

Prices and availability in Troy, NY were last updated on 13 Sep 2026.

The best apartments in Troy, NY are: Sol Apartments, The News Apartments, Vicina - Modern Urban Flats, The Valley Green and The Collar Factory Lofts.

The average rent in Troy, NY is $1,558.

The price range for a studio apartment in Troy, NY is between $625 and $4,461.

The price range for a 1-bedroom apartment in Troy, NY is between $1,061 and $4,461.

The price range for a 2-bedroom apartment in Troy, NY is between $1,175 and $4,147.

The price range for a 3-bedroom apartment in Troy, NY is between $1,600 and $2,495.

In Troy 63% of the housing is rented out compared to 37% of homes are owned, according to the most recent Census Bureau estimates. 15% of Troy's apartments are found in large buildings of 50 units or more, 79% are located in smaller apartment complexes with less than 50 units, and 5% are single-family rentals.

The average age of rental buildings in Troy is 43 years old, with 32% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 78% are garden-style apartment communities, 24% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Troy come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Troy. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.