Troy, IL Houses for Rent

/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
Explore Troy
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$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

Illinois Madison County

Frequently Asked Questions

How much does it cost to rent a single-family home in Troy, IL?

The median rent for a single-family home in Troy, IL is $1,975 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 in Troy, IL

There are currently 2 single-family homes available for rent in Troy, IL. The median rent is $1,975 per month, with 3-bedroom houses renting at $1,948 and 4-bedroom houses at $3,900.

Rental Home Trends

Number of Houses for Rent 2	Median Single Family Home Rent $1,975
Median 3 Bedroom Single Family Home Rent $1,948	Median 4 Bedroom Single Family Home Rent $3,900

How to Rent a Home

Rentals in Troy

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Houses for Rent by Bedrooms in Troy

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