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Troy, IL Condos for Rent

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  • 311 Red Bird St Unit 311 B Redbird, Troy, IL 62294
    311 Red Bird St Unit 311 B Redbird, Troy, IL 62294
    311 Red Bird St Unit 311 B Redbird, Troy, IL 62294
    /10

    $1,100

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    311 Red Bird St Unit 311 B Redbird, Troy, IL 62294

    Unit will be vacant as of 8/2/26. Unit ready for move in middle to late AugustMain Level-Living room with coat closet, eat in kitchen with W/D hook-ups and door to carport, two bedrooms, one bath and linen closet in hallDIMENSIONS: Living Room: 16' X 12', Bedroom 1: 12' X 11', Bedroom 2: 11' X 9'Triad School DistrictConvenient Location: Dining, shopping and Access to Highway 70/55

    311 Red Bird St Unit 311 B Redbird, Troy, IL 62294
  • 24 Sonata Ln Unit 24 Sonata, Troy, IL 62294
    24 Sonata Ln Unit 24 Sonata, Troy, IL 62294
    24 Sonata Ln Unit 24 Sonata, Troy, IL 62294
    /20

    $2,300

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • Condo for Rent

    24 Sonata Ln Unit 24 Sonata, Troy, IL 62294

    55 AND OLDER RESTRICTED COMMUNITYReady for Move in end of July 2026White cabinets throughout-Granite countertops in kitchen, bathrooms and laundry room and vinyl hardwood flooringLarge living room with fireplace, kitchen with granite countertops, dining area with sliding glass doors which lead to covered patio, master bedroom with walk-in closet, master bath with tiled walk in shower

    24 Sonata Ln Unit 24 Sonata, Troy, IL 62294
Illinois Madison County Troy

Condos for Rent in Troy, IL

Frequently Asked Questions

How much does it cost to rent a condo in Troy, IL?
The median rent for a condo in Troy, IL is $1,600 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Troy, IL?
To comfortably afford the median rent in Troy, IL, a household needs to earn roughly $59,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,475 per month in Troy, IL, renters typically need to show $4,425 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Troy, IL?
In Troy, IL, the price-to-rent ratio is 19.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Troy, IL are best for renting a condo?
The best neighborhood for renting in Troy, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Saint Louis, Downtown West and O'Fallon, each with its own character and price range.

Condo Rental Trends in Troy, IL

There are currently 2 condos available for rent in Troy, IL. The median rent is $1,600 per month, with 2-bedroom condos at $1,600.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,600
Median 2 Bedroom Condo Rent
$1,600
How to Rent a Home

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