Rental market snapshot for Troy, New York

Troy, New York Rental Property Market Overview

Troy, New York is a city located in Rensselaer County with a population of 50,394 as of 2021, according to the US Census. It is situated on the eastern bank of the Hudson River and is the county seat of Rensselaer County. Troy is known for its rich history, having been the site of the Battles of Saratoga in the Revolutionary War and the birthplace of Uncle Sam. It is also home to many historic buildings, including the Hart-Cluett Mansion, the Troy Savings Bank Music Hall, and the Troy Public Library. The city is a popular tourist destination, offering a variety of attractions, restaurants, and shopping.

The average rent for an apartment in Troy is $1,401. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.5% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Troy New York | Cost of Living

  • The most expensive ZIP Code in Troy is 12180 with an average price of $1,395
  • The cheapest ZIP Code in Troy is 12182 with an average price of $1,100

Troy ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
112180$1,395

Live near Troy, New York's Top Sights and Attractions

Frear Park is a large public park located in Troy, New York. It features a variety of outdoor activities, including a golf course, playgrounds, walking trails, and picnic areas. The park also has a large pond, which is home to a variety of wildlife. The park is also home to a variety of sports fields, including baseball, softball, and soccer. The park also has a large amphitheater, which is used for concerts and other events.

Knickerbacker Park is a large public park located on the banks of the Hudson River in Troy, New York. It features a variety of recreational activities including a playground, picnic areas, walking trails, a boat launch, and a fishing pier. The park also has a large open field for sports and other activities, as well as a gazebo and a pavilion for special events. The park is a popular destination for families, friends, and visitors alike, offering a peaceful and scenic escape from the hustle and bustle of the city.

Prospect Park is a large public park located in Troy, New York. It features a variety of recreational activities, including a playground, a pond, a walking path, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy the beautiful views of the Hudson River from the park.

Seminary Park is a beautiful outdoor space located in Troy, New York. It features a large grassy area surrounded by trees and shrubs, perfect for picnicking and relaxing. There is also a playground for children, a walking path, and a pond with a fountain. The park is a popular spot for locals to gather and enjoy the outdoors, and it is a great place to take a stroll and admire the natural beauty of the area.

The Troy Baseball Heritage Monument is a tribute to the city's rich baseball history. It is a large bronze sculpture of a baseball glove, with a bat and ball, set atop a granite base. The monument is located in a park, surrounded by trees and a grassy area. The glove is inscribed with the names of the city's most famous baseball players, including Hall of Famers such as Lou Gehrig and Joe DiMaggio. The monument also features a plaque with a brief history of the city's baseball heritage. Visitors can take a moment to reflect on the city's past and its connection to the national pastime.

Beman Park is a large, lush green space located in the heart of Troy, New York. It features a variety of recreational activities, such as walking trails, playgrounds, and a large pond. The park also has a variety of amenities, including picnic tables, benches, and a pavilion. The park is a great place to relax and enjoy the outdoors, as well as take part in a variety of activities.

Uncle Sam Monument And Park is a beautiful outdoor attraction located in Troy, New York. It features a large bronze statue of Uncle Sam, a symbol of the United States, standing atop a granite pedestal. The park also includes a large reflecting pool, a gazebo, and a number of benches and walkways. It is a popular spot for visitors to take in the views of the city and the Hudson River.

Rensselaer Land Trust Kinderhook Creek Preserve is a beautiful nature preserve located in Troy, New York. It features a variety of habitats, including wetlands, meadows, and forests. Visitors can explore the area on foot, bike, or horseback, and enjoy the sights and sounds of the creek and its surrounding wildlife. The preserve also offers educational programs and events throughout the year, such as guided hikes, bird watching, and nature photography. With its stunning views and diverse wildlife, Rensselaer Land Trust Kinderhook Creek Preserve is a great place to explore and appreciate the beauty of nature.

Rensselaer Land Trust is a non-profit organization dedicated to preserving the natural beauty of the area. It offers a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The trust also works to protect the local environment and promote sustainable land use. Its trails provide access to a variety of habitats, including wetlands, forests, and meadows. Visitors can also explore the area's history and culture through educational programs and events.

Tyler Street Park is a scenic park located in the heart of Troy, New York. It features a large pond with a fountain, a playground, and plenty of green space for picnicking and relaxing. The park also offers a variety of recreational activities, including basketball courts, tennis courts, and a walking path. Visitors can also enjoy the park's many sculptures and monuments, as well as its beautiful views of the Hudson River.

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Troy, New York area median rent change by ZIP Code map

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How does Troy compare to other cities in New York ?

citymedian price
Massapequa$3,535
Rockville Centre$3,250
Albany$1,500
Sunnyside$2,300
Troy$1,295
Flushing$2,200
Fairport$1,650
Rego Park$2,295

Average household income in Troy area graph - US Census

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The median household income in Troy in 2021 was $48,834. This represents a 33.7% change from 2011 when the median was $36,514.

#categorypercent
0Less than $10,0008.1%
1$10,000 to $14,9997.1%
2$15,000 to $19,9997.2%
3$20,000 to $24,9995.4%
4$25,000 to $29,9995.0%
5$30,000 to $34,9995.4%
6$35,000 to $39,9993.8%
7$40,000 to $44,9994.4%
8$45,000 to $49,9994.8%
9$50,000 to $59,9997.6%
10$60,000 to $74,99910.0%
11$75,000 to $99,99911.3%
12$100,000 to $124,9997.8%
13$125,000 to $149,9995.4%
14$150,000 to $199,9994.4%
15$200,000 or more2.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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