Rental market snapshot for Troy, Ohio

Troy, Ohio Rental Property Market Overview

The average rent for an apartment in Troy is $1,176. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -12.6% over the past year.

Troy is a city located in Miami County, Ohio, United States. The city is the county seat of Miami County. Troy was founded in 1795 and incorporated in 1807. The city is named after the ancient city of Troy, in northwestern Anatolia in present-day Turkey. Troy is located in western Ohio, approximately 40 miles (64 km) north of Dayton. The city occupies a total area of 8.84 square miles (22.92 km2), of which 8.71 square miles (22.54 km2) is land and 0.13 square miles (0.34 km2) is water. The city is home to a variety of businesses and industries, including the Hobart Corporation, a manufacturer of kitchen equipment; the Miami County Courthouse; and the Miami County Jail. Troy is also home to several schools, including Troy High School, Miami County Technical College, and Edison Community College.

Last Updated December 23, 2022

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Average monthly rent graph in Troy Ohio | Cost of Living

  • The most expensive ZIP Code in Troy is 45373 with an average price of $1,995
  • The cheapest ZIP Code in Troy is 45373 with an average price of $965

Troy ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
145373$1,995

Live near Troy, Ohio's Top Sights and Attractions

The Miami County Fairgrounds is a large complex that includes several buildings and outdoor areas. There is a main fairground building that has a stage and seating area, as well as a large exhibit hall. There are also several smaller buildings that house animals, and a number of outdoor areas that are used for events and activities.

Duke Park is a beautiful park located on the Great Miami River. The park features a playground, pavilion, walking trails, and a fishing pier.

The Miami County Ymca Robinson Branch is a local community center that offers a variety of recreational activities for all ages. There is a gymnasium, an indoor pool, a weight room, a track, and a game room. The center also has a variety of classes and programs for all ages.

The Troy Historic District is a U.S. historic district located in Troy, Ohio. The district encompasses 220 contributing buildings, 1 contributing site, and 2 contributing structures in the central business district and surrounding residential areas of Troy. It was added to the National Register of Historic Places in 1974.

Archer Park is a public park located in Troy, Ohio. The park features a playground, a pavilion, a walking trail, and a pond.

Troy City Park is a large park located in the center of Troy, Ohio. The park features a variety of amenities, including a playground, a basketball court, a picnic area, and a walking trail. The park is also home to a large pond, which is a popular spot for fishing.

Carriage Crossing Park is a beautiful park located in Troy, Ohio. The park features a variety of amenities including a playground, picnic tables, a pavilion, and a walking trail. The park is also home to a variety of events throughout the year, including the Troy Strawberry Festival and the Troy Turkey Trot.

The Veterans Museum Miami Valley is a museum dedicated to honoring the service of veterans from all branches of the United States military. The museum features exhibits on the history of veterans' service, as well as on the personal experiences of veterans from Troy and the Miami Valley. The museum also houses a library and research center, which are open to the public.

Troy, Ohio area median rent change by ZIP Code map

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How does Troy compare to other cities in Ohio ?

citymedian price
Bedford$1,025
Lebanon$1,895
Lorain$708
Rossford$905
Bedford Heights$1,635
Port Clinton$1,700
Port Clinton$1,700
London$1,290
Hilliard$1,870

Average household income in Troy area graph - US Census

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The median household income in Troy in 2021 was $61,216. This represents a 26.3% change from 2011 when the median was $48,450.

#categorypercent
0Less than $10,0006.4%
1$10,000 to $14,9992.7%
2$15,000 to $19,9997.3%
3$20,000 to $24,9992.9%
4$25,000 to $29,9992.4%
5$30,000 to $34,9995.5%
6$35,000 to $39,9993.9%
7$40,000 to $44,9994.8%
8$45,000 to $49,9993.2%
9$50,000 to $59,9999.6%
10$60,000 to $74,99911.3%
11$75,000 to $99,99914.9%
12$100,000 to $124,99910.1%
13$125,000 to $149,9996.5%
14$150,000 to $199,9994.5%
15$200,000 or more4.0%

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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