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Troy, MO Condos for Rent

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  • /12

    $1,095 Per Month

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    207 John St Unit C, Troy, MO 63379

    This two bedroom one bath apartment is situated within walking distance of downtown Troy. This apartment has received new floors, windows, doors, fresh paint, new bathroom materials and also kitchen cabinets and appliances. There is a washer and dryer included. Additional monthly expectations: Utilities & Pest Control Pet rent* If applicable*One-time Administration

    207 John St Unit C, Troy, MO 63379
  • /10

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft
    • Condo for Rent

    309 N Lincoln Dr Unit 1, Troy, MO 63379

    This apartment home is ready for you to make it your own. Fully equipped kitchens and has a laundry room with washer/dryer hookups. All of your day to day conveniences are located less than 1 min from Route 47.Additional monthly expectations:Utilities & Pest ControlPet rent* If applicable*One-time Administration Fee and Reservation Fee due within 72 hours of application

    309 N Lincoln Dr Unit 1, Troy, MO 63379

Frequently Asked Questions

How much does it cost to rent a condo in Troy, MO?
The median rent for a condo in Troy, MO is $1,035 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Troy, MO?
To comfortably afford the median rent in Troy, MO, a household needs to earn roughly $41,400 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 $1,035 per month in Troy, MO, renters typically need to show $3,105 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, MO?
In Troy, MO, the price-to-rent ratio is 24.6, 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.

Condo Rental Trends in Troy, MO

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,035
Median 2 Bedroom Condo Rent
$1,035
How to Rent a Home