Troy, NY Rental Market Trends
The average rent for an apartment in Troy is $1,159, a 5% increase compared to the previous year, when the average rent was $1,099.
Average Rent in Troy, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,159||5%||1,047 sq. ft.|
The average size for a Troy, NY apartment is 1,047 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Troy, NY Apartment Rent Ranges
- > $2,0002%
Troy, NY Occupied Housing Units
- Renter-occupied Households50%
- Owner-occupied Households49%
10,093 or 50% of the households in Troy, NY are renter-occupied while 9,893 or 49% are owner-occupied.
Troy, NY Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Oct / 2019|
How Does Troy Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|Castleton - on - Hudson||$1,551||7%|
For more information about the Troy rental trends, check out our monthly rent report