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Studio Apartments for Rent in Troy, NY

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  • /40

    Starting at $1,350 Per Month

    • Studio - 2 Beds

    547 River St, Troy, NY 12180

    A distinguished, historic building along the scenic Hudson Riverfront presents a selection of modern residences with spacious, open-concept layouts. Each unit features generously sized bedrooms, elegant solid surface flooring, and contemporary stainless steel appliances. Additional amenities include in-unit washers and dryers, built-in closets, and abundant storage options, as well as adjacent

    Flanigan Square Lofts

    547 River St, Troy, NY 12180
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    Starting at $1,290 Per Month

    • Studio - 2 Beds

    1818 5th Ave, Troy, NY 12180

    Whether you are stepping into your own space for the first time or beginning a new chapter, Sol offers something increasingly rare: a place that works for your life, your means, and your values regardless of which chapter you're living.

    Sol Apartments

    1818 5th Ave, Troy, NY 12180
  • /35

    Starting at $1,650 Per Month

    • Studio - 2 Beds

    501 Broadway, Troy, NY 12180

    501 Broadway was home to the Troy Record newspaper for over a century. For the buildings next edition, The News Apartments features 101 modern studio, one-, two- and three-bedroom units with distinctive amenities- leisure, fitness, bike storage, co-working, pet care, onsite parking not to mention the best amenity of all, downtown Troy!

    The News Apartments

    501 Broadway, Troy, NY 12180
  • /43

    Starting at $925 Per Month

    • Studio - 2 Beds

    625 7th Ave, Troy, NY 12182

    Welcome to The Peabody Apartments! This 99 unit historic apartment building is located in a quiet corner of the Lansinghburgh neighborhood in the City of Troy. The studio, one and two bedroom apartments are filled with natural light and modern details. Large closets, quartz counter tops and high ceilings are just a few of the details each apartment contains. Enjoy the gym, game room, bike storage

    The Peabody Apartments

    625 7th Ave, Troy, NY 12182
  • /10

    Starting at $1,175 Per Month

    • Studio - 2 Beds

    455-471 Fulton St, Troy, NY 12180

    Presenting The Fulton: Contemporary Urban Living in Troy's Historic DowntownWelcome to the epitome of boutique living at The Fulton, an elegantly restored pre-war building nestled in the heart of downtown Troy, NY. Immerse yourself in the fusion of modern convenience and historical charm, as this meticulously renovated residence stands as a testament to urban living at its finest.Situated

    The Fulton

    455-471 Fulton St, Troy, NY 12180
  • /34

    Starting at $1,200 Per Month

    • Studio - 2 Beds

    2000 6th Ave, Troy, NY 12180

    For those searching for an affordable apartment in Troy, NY, we can help. Towers on the Hudson is a budget friendly apartment community offering Studio, 1 & 2 bedroom apartments for rent close to your favorite places. With a convenient location and a friendly, welcoming environment, this is a home you will love to live in for years to come.t Towers on the Hudson, we have equipped our

    Towers on Hudson

    2000 6th Ave, Troy, NY 12180
  • /40

    Starting at $1,400 Per Month

    • Studio - 2 Beds

    2001 5th Ave, Troy, NY 12180

    Nestled on the busy intersection of Federal Street and 5th Avenue, The Rise | Collar City offers an unbeatable location in Troy, New York. Whether you're a culinary enthusiast or love shopping at the Waterfront Farmers Market, the Capital Region boasts an array of attractions for everyone.

    The Rise Collar City

    2001 5th Ave, Troy, NY 12180
  • /50

    Starting at $1,660 Per Month

    • Studio - 2 Beds

    2134 5th Ave, Troy, NY 12180

    King's Landing offers thoughtfully designed apartment homes to fit a variety of lifestyles, from young professionals to families and luxury renters.

    Kings Landing

    2134 5th Ave, Troy, NY 12180
  • /32

    Starting at $1,290 Per Month

    • Studio - 4 Beds

    17 State St, Troy, NY 12180

    Enjoy a new dimension in urban-midrise, apartment-home living at Caldwell Apartments, where no two floorplans are exactly the same. Centrally located within Troy, N.Y.'s historic downtown district.Call the continually updated Caldwell Apartments home and savor being two blocks from the Hudson River waterfront and its eclectic mix of things to do, outstanding dining and shops. Bask in the

    Caldwell Apartments

    17 State St, Troy, NY 12180
  • /11

    $1,250

    Total Monthly Price

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

    99 Ferry St Unit 3A, Troy, NY 12180

    Amazing studio in Troy. Close to downtown activities and restaurants. Amenities included: central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, and laundry in building. Utilities included: water. Date Available: Aug 18 2025. $1,250/month rent. $1,250 security deposit required.

    99 Ferry St Unit 3A, Troy, NY 12180
  • /11

    $1,250

    Total Monthly Price

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

    99 Ferry St Unit 3A, Troy, NY 12180

    Amazing studio in Troy. Close to downtown activities and restaurants. Amenities included: central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, and laundry in building. Utilities included: water. Date Available: Aug 18 2025. $1,250/month rent. $1,250 security deposit required.

    99 Ferry St Unit 3A, 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
  • /8

    $1,050 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    16 2nd St, Troy, NY 12180

    Illuminated by the charm of historic Troy, NY, this cozy and inviting studio is an ideal sanctuary for those seeking comfort and convenience. Nestled in a vibrant neighborhood, this rental provides easy access to local shops, eateries, and cultural attractions, making it perfect for anyone looking to immerse themselves in the community.The bright and airy interior creates a welcoming

    16 2nd St, Troy, NY 12180

Why Live in Troy

The Troy Savings Bank Music Hall stands as an acoustic masterpiece in downtown Troy, drawing music lovers to its renowned performances. History buffs can explore the Oakwood Cemetery, final resting place of "Uncle Sam" Wilson, while Prospect Park provides sweeping views of the Hudson Valley alongside recreational trails. The Central Troy Historic District showcases pristine 19th-century architecture, and the Hart Cluett Museum transports visitors through time in its Federal-style setting. Local dining highlights include Druthers Brewing Company's craft beer selection, authentic Italian cuisine at Testo's Restaurant, and the celebrated barbecue at Dinosaur Bar-B-Que.The Troy housing market features diverse options across distinct neighborhoods. Downtown Troy has single family homes with a median price of $459,900, while Eastside Troy's single family homes have a median price of $280,000. The Hill area contains townhouses with a median price of $87,500. South Troy's single family homes command a median price of $294,900, and Sycaway's single family homes have a median price of $275,000.Property taxes in Troy include a 2.19% effective rate in Rensselaer County, lower than Schenectady's 2.46% but higher than Albany's 1.89%. The New York State income tax rate is 5.50% for a yearly salary of $42,741.00, with a combined sales tax rate of 8.53%.Education options include the A rated Bell Top Elementary School and the A Plus rated Emma Willard School. Rensselaer Polytechnic Institute adds to the educational landscape. The Capital District Transportation Authority connects Troy to the region, with Albany International Airport just 15 minutes away. The Troy Waterfront Farmers Market brings together over 100 local vendors year round, moving indoors to the Troy Atrium during winter months.

Frequently Asked Questions

How much does it cost to rent a home in Troy, NY?
The median rent for a home in Troy, NY is $1,450 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, NY?
To comfortably afford the median rent in Troy, NY, a household needs to earn roughly $58,000 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 $1,450 per month in Troy, NY, renters typically need to show $4,350 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 16.1, 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, NY are best for renting a home?
The best neighborhood for renting in Troy, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Troy and Downtown Albany, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
13
Median Rent
$1,450
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,395
Median Condo Rent
$1,450
How to Rent a Home