20

Troy, OH Townhomes for Rent

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  • /58

    Starting at $1,699 Per Month

    • 2 Beds

    1030 Office Redharvest Dr, Troy, OH 45373

    Redwood Troy Arthur Road is where you'll find the single-story apartment you've been looking for. Live in a two-bedroom, two-bathroom, pet-friendly apartment rental home with an attached garage. Enjoy being surrounded by charming greenery, with all the amenities you could need just a stones throw away. Plus, you can get to the arts, entertainment, dining and attractions of Dayton in under 30

    Redwood Troy Arthur Road

    (937) 761-3767

    1030 Office Redharvest Dr, Troy, OH 45373
  • /22

    $1,585

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,700 Sq Ft
    • Townhouse for Rent

    21-23 E Water St Unit 23, Troy, OH 45373

    This updated duplex is ideally located in the heart of historic downtown Troy, just a short walk from shops, restaurants, and local events like the annual Strawberry Festival. The Great Miami River is just steps away from the shared back yard, offering a scenic outdoor setting with plenty of room for activities and relaxation. Street parking is available.

    21-23 E Water St Unit 23, Troy, OH 45373
  • /14

    $1,050

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • Townhouse for Rent

    38 S Norwich Rd, Troy, OH 45373

    Available 5/17/26. Charming townhouse offers a modern living experience.Nicely appointed and well maintained. Updated kitchen and bath.Private entry. No noisy shared hallway, no upstairs neighbors, no shared laundry. Private rear patio. Two coat closets, one linen closet and large closets in each bedroom including one walk in. Washer and dryer hook

    38 S Norwich Rd, Troy, OH 45373

Frequently Asked Questions

How much does it cost to rent a townhouse in Troy, OH?
The median rent for a townhouse in Troy, OH is $1,500 per month, though prices vary by neighborhood, size, and property type. As of May 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, OH?
To comfortably afford the median rent in Troy, OH, a household needs to earn roughly $59,960 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 $1,499 per month in Troy, OH, renters typically need to show $4,497 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, OH?
In Troy, OH, the price-to-rent ratio is 14.4, 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, OH

Rental Home Trends

Number of Townhouses for Rent
3
Median Townhouse Rent
$1,500
Median 2 Bedroom Townhouse Rent
$1,050
Median 3 Bedroom Townhouse Rent
$1,565
How to Rent a Home