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Troy, IL Townhomes for Rent

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  • 7554 Waterford Place, Troy, IL 62294
    7554 Waterford Place, Troy, IL 62294
    7554 Waterford Place, Troy, IL 62294
    /12

    $1,500

    Total Monthly Price

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

    7554 Waterford Place, Troy, IL 62294

    Unit vacant as of 8/1/26. Possible move in Late August.Convenient 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

    7554 Waterford Place, Troy, IL 62294
  • 526 Gillham St, Troy, IL 62294
    526 Gillham St, Troy, IL 62294
    526 Gillham St, Troy, IL 62294
    /19

    $1,375

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 704 Sq Ft
    • Townhouse for Rent

    526 Gillham St, Troy, IL 62294

    Remodeled 2 bedroom, 1 1/2 bath townhouse. Hard surface flooring throughout. All new stainless-steel appliances, granite countertops with 6 bar seating. Patio off nook. Master bedroom upstairs with half bath and walk in closet. 2nd bedroom on main level. Full bath with Washer/dryer hook ups. Large storage area with coat closet. All electric. Strict 2 car limit.12 month lease.All

    526 Gillham St, Troy, IL 62294
  • 520 Wood Thrush St, Troy, IL 62294
    520 Wood Thrush St, Troy, IL 62294
    520 Wood Thrush St, Troy, IL 62294
    /16

    $1,695

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Townhouse for Rent

    520 Wood Thrush St, Troy, IL 62294

    3 bedroom, 2 full bath duplex with 2 car attached garage. Master bedroom on main floor with master bath. Main floor laundry. Upstairs has 2 large bedrooms and full bath. Patio off kitchen. Island in kitchen with lots of cabinet space with dishwasher. Washer and dryer hook ups. Lawn maintenance included. Gas & Electric. Strict 2 car limit. 12 month lease?All applicants must fill out an

    520 Wood Thrush St, Troy, IL 62294
  • 7538 Frankie Ct, Glen Carbon, IL 62034
    7538 Frankie Ct, Glen Carbon, IL 62034
    7538 Frankie Ct, Glen Carbon, IL 62034
    /15

    $2,025

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,440 Sq Ft
    • Townhouse for Rent

    7538 Frankie Ct, Glen Carbon, IL 62034

    Unit will be ready for move in early July 2026New constructed duplexes-2 Beds, 2.5 baths, 2 car garageGranite countertops and hardwood flooringLaundry on main levelConveniently located within minutes to interstates, shopping and diningThis is a Glen Carbon mailing address, but it is in City limits of Troy water and Troy school districts1440 Square feetEnergy efficient

    7538 Frankie Ct, Glen Carbon, IL 62034
  • 504 Red Bud Ln, Troy, IL 62294
    504 Red Bud Ln, Troy, IL 62294
    /2

    $1,275 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    504 Red Bud Ln, Troy, IL 62294

    2-bedroom/1-bath duplex with a 1-car attached garage. Large, unfenced yards and back deck. Credit score must be 600+, pets will need owner approval. More pictures coming!By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    504 Red Bud Ln, Troy, IL 62294
Illinois Madison County Troy

Townhomes for Rent in Troy, IL

Frequently Asked Questions

How much does it cost to rent a townhouse in Troy, IL?
The median rent for a townhouse in Troy, IL is $1,375 per month, though prices vary by neighborhood, size, and property type. As of June 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 $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, IL, 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, IL?
In Troy, IL, the price-to-rent ratio is 19.4, 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.
What neighborhoods in Troy, IL are best for renting a townhouse?
The best neighborhood for renting in Troy, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Soulard and Benton Park, each with its own character and price range.

Townhouse Rental Trends in Troy, IL

There are currently 5 townhouses available for rent in Troy, IL. The median rent is $1,375 per month, with 2-bedroom townhouses renting at $1,325 and 3-bedroom townhouses at $1,695.

Rental Home Trends

Number of Townhouses for Rent
5
Median Townhouse Rent
$1,375
Median 2 Bedroom Townhouse Rent
$1,325
Median 3 Bedroom Townhouse Rent
$1,695
How to Rent a Home

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