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Troy, IL Homes for Rent

Section Image
  • /16

    $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
  • /10

    $1,650

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,380 Sq Ft
    • House for Rent

    201 E Center St, Troy, IL 62294

    Home available for rent! Located in Troy, Illinois. Walking distance to downtown and local parks. Triad school district. Monthly Rent: $1,650This two-story home includes two large bedrooms, 2 and 1/2 baths, one car garage and storage shed. Located on the first floor you will find the living room, dining room, kitchen, laundry room, half bath, large bedroom with a full bath and

    201 E Center St, Troy, IL 62294
  • /12

    $1,400 Per Month

    • 3 Beds
    • 1 Bath
    • 1,188 Sq Ft
    • House for Rent

    309 Ash St, Troy, IL 62294

    Three Bedroom House with Partially Finished Walk Out Basement, Laminate Flooring Throughout Main Living Areas, 18 x 11 Family Room, 11 x 10 Eat In Kitchen Features Maple Cabinetry and Stainless Steel Appliances, Glass Top Electric Range with Built In Microwave, Dishwasher, Garbage Disposal and Refrigerator, 10 x 10 Adjacent Dining Area with Access to 15 x 12 Rear Sun Room, Full Hallway Bathroom,

    Christopher Mendola Christone Enterprises, Inc.

    309 Ash St, Troy, IL 62294

Why Live in Troy

Troy, Illinois, is a small town located about 20 miles northeast of St. Louis, offering a blend of historical and modern living. The town features a mix of 19th-century farmhouses, mid-century ranch homes, and new custom builds, catering to various preferences and budgets. Despite its size, Troy is part of the Triad Community Unit School District, which includes highly rated Henning Elementary School, Triad Middle School, and Triad High School. Residents enjoy a variety of things to do at Tri-Township Park, which boasts sports fields, a skate park, a petting zoo, and a track for remote-controlled cars. Dining options in Troy include several takeout restaurants, with local favorites like Alfonzo’s Pizzeria serving St. Louis specialties such as toasted ravioli. For groceries, Pete’s Hometown Grocery offers a convenient shopping experience. While Troy's retail sector is limited, residents can easily drive 10 miles north to Edwardsville for more extensive shopping options. The town's wide residential roads and low-speed limits enhance pedestrian safety, and commuting to St. Louis typically takes 25 to 35 minutes via Interstate 55. Overall, Troy provides a quieter lifestyle with the benefits of proximity to a major city.

Frequently Asked Questions

How much does it cost to rent a home in Troy, IL?
The median rent for a home in Troy, IL is $1,595 per month, though prices vary by neighborhood, size, and property type. As of July 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 $63,800 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 $1,595 per month in Troy, IL, renters typically need to show $4,785 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 18.9, 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.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,595
Median Single Family Home Rent
$1,975
Median Townhouse Rent
$1,450
Median Condo Rent
$1,950
How to Rent a Home