3

Troy, IL Condos for Rent

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  • /13

    $2,400

    Total Monthly Price

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

    2018 Serenade Ln Unit 2018 Serenade, Troy, IL 62294

    55 AND OLDER RESTRICTED COMMUNITYWhite 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 , 2nd bedroom, hall bath, office,

    2018 Serenade Ln Unit 2018 Serenade, Troy, IL 62294
  • /17

    $2,175

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,440 Sq Ft
    • Condo for Rent

    7508 Frankie Ct Unit 7508 Frankie, Glen Carbon, IL 62034

    New constructed duplexes-2 Beds, 2.5 baths, 2 car garageGranite countertops and hardwood flooringLaundry on main levelConveniently located within minutes to interstates, shopping and dining1440 Square feetEnergy efficient Maintenance free (Lawn care and maintenance included in rent)All units are cable and internet ready with ATT fiberTenant is to pay for all

    7508 Frankie Ct Unit 7508 Frankie, Glen Carbon, IL 62034
  • /20

    $2,850

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,900 Sq Ft
    • Condo for Rent

    2007 Buttonwood Ct Unit 2007 Buttonwood, Maryville, IL 62062

    Unit vacant on August 26, Ready for move in middle of September. White cabinets throughout-Granite countertops in kitchen, bathrooms and laundry room and vinyl hardwood flooring on mail levelMain Level- Large living room with stone fireplace, kitchen with granite countertops, dining area with sliding glass doors which lead to covered deck, master bedroom with walk-in closet, master bath

    2007 Buttonwood Ct Unit 2007 Buttonwood, Maryville, IL 62062

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 $2,000 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos 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 $56,000 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 $1,400 per month in Troy, IL, renters typically need to show $4,200 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 21.5, 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 Central West End, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$2,000
Median 2 Bedroom Condo Rent
$2,000
How to Rent a Home