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Newest Homes for Rent in Troy, IL

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  • /11

    $1,100

    Total Monthly Price

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

    311 Red Bird St, Troy, IL 62294

    Unit will be vacant 8/2/26 & ready for move in middle to late August Main 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 and 270

    311 Red Bird St, Troy, IL 62294
  • /16

    $1,450

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • Townhouse for Rent

    2322 Tramore, Troy, IL 62294

    Unit vacant 8/1/26-Available for move in Late AugustConvenient Location: Dining, shopping and Access to Highway 70/55 and 270 all within 5 milesTriad School District-Silver Creek Elementary SchoolUnits are internet and cable readySpacious 1280 SFMaster bedroom has walk in closetPond located on site-enjoy fishing20 Miles to Scott Air Force Base3 Miles from

    2322 Tramore, 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
  • /15

    $1,850 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • House for Rent

    531 Wood Thrush St Unit A, Troy, IL 62294

    OPEN HOUSE - SUNDAY 6/28 - NOON - 1:30PM - FOR LEASE: Updated 3BR/2.5BA Townhome with 2-Car Garage. Welcome home to this beautifully renovated 3-bedroom, 2.5-bathroom townhome with a 2-car attached garage, laundry hook-up! This property is ready for you to move into and make it your own. Now accepting applications for immediate move-in! Monthly Rent: $1,850, Security Deposit: $1,850, Pet fee $300

    Jean Lewis Keller Williams Pinnacle

    531 Wood Thrush St Unit A, Troy, IL 62294
  • /11

    $1,595 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    416 Reid Ave, Troy, IL 62294

    3-bedrooms/1-bathroom, laundry hook-ups, 1-car attached garage, large, fenced yard, and many updates! A must see! No utilities included. Credit score would need to be 600+, pets need owner approval.By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    416 Reid Ave, 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

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, condos tend to be the most affordable option while townhouses 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 18.8, 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
6
Median Rent
$1,595
Median Single Family Home Rent
$2,075
Median Townhouse Rent
$1,695
Median Condo Rent
$1,350
How to Rent a Home