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Studio Condos for Rent in Troy, NY

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  • /6

    $1,000 Per Month

    • Studio
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    78 Hill St Unit 1 Front, Troy, NY 12180

    Property Id: 2278893 A beautiful studio apartment with lots of natural sunlight on a ground floor, across the street from a general store and gas station, close to public transport, groceries and entertainment. Off street parking, fenced in grassy backyard, safe and secure.

    78 Hill St Unit 1 Front, Troy, NY 12180
  • /5

    $1,000

    Total Monthly Price

    • Studio
    • 1 Bath
    • 860 Sq Ft
    • Condo for Rent

    36 College Ave Unit 2W, Troy, NY 12180

    This move-in-ready, super private extra-large studio sits directly across from City Station. Located in a quiet, safe, RPI-occupied building, it features convenient street or private parking steps from the door on a first-come, first-served basis.HighlightsPrime Location: Directly across from City Station with easy access to the RPI campus.Extra-Large Space: A huge studio layout that gives you

    36 College Ave Unit 2W, Troy, NY 12180
  • /10

    $1,300

    Total Monthly Price

    • Studio
    • 1 Bath
    • 1,225 Sq Ft
    • Condo for Rent

    159 River St Unit 166B, Troy, NY 12180

    This listing is for a one bedroom apartment utilities included. This apartment will be available on Nov. 1st 2025. This apartment is located in downtown Troy right next to the Russell Sage campus. Although this listing states the property is located at 159 River St., it is actually directly across the street at 166 River St. For some reason this website cannot locate 166 for the listing. There

    159 River St Unit 166B, Troy, NY 12180

Frequently Asked Questions

How much does it cost to rent a condo in Troy, NY?
The median rent for a condo in Troy, NY is $1,525 per month, though prices vary by neighborhood, size, and property type. As of September 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, NY?
To comfortably afford the median rent in Troy, NY, a household needs to earn roughly $58,800 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 $1,470 per month in Troy, NY, renters typically need to show $4,410 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, NY?
In Troy, NY, the price-to-rent ratio is 16.2, 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 Condos for Rent
3
Median Condo Rent
$1,525
Median 1 Bedroom Condo Rent
$1,200
Median 2 Bedroom Condo Rent
$1,663
Median 3 Bedroom Condo Rent
$1,600
How to Rent a Home