Rental market snapshot for Troy, Ohio

Troy, Ohio Rental Property Market Overview

Troy, Ohio is a city located in Miami County with a population of 26,432 as of 2021, according to the US Census. It is a small city with a rich history and a vibrant community. The city is home to many parks, trails, and recreational areas, as well as a variety of restaurants, shops, and entertainment venues. Troy is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Troy is $1,088. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 6.0% over the past year.

Last Updated June 30, 2023

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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 $1,451
  • The cheapest ZIP code in Troy is 45373 with an average price of $1,451

Troy ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
145373$1,451

Live near Troy, Ohio's Top Sights and Attractions

The Miami County Fairgrounds is a popular attraction located in Troy, Ohio. It is a sprawling complex of outdoor and indoor spaces, including a grandstand, a racetrack, and several buildings. The fairgrounds host a variety of events throughout the year, including the Miami County Fair, car shows, rodeos, and other special events. There are also several permanent attractions, such as a petting zoo, a carnival, and a miniature golf course. Visitors can also enjoy a variety of food and drinks, as well as live music and entertainment.

Duke Park is a large outdoor recreational area located in Troy, Ohio. It features a variety of activities for visitors of all ages, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a large open field, perfect for sports and other outdoor activities. The park is well-maintained and provides a great place for families to spend time together.

The Miami County YMCA Robinson Branch is a family-friendly attraction located in Troy, Ohio. It features a variety of activities for all ages, including a fitness center, swimming pool, gymnasium, and a variety of classes and programs. The facility also offers a variety of special events, such as family movie nights, open swims, and holiday celebrations. The Robinson Branch also has a variety of amenities, such as a snack bar, locker rooms, and a game room.

Auto Title is an interactive, hands-on museum that celebrates the history of the automobile. Visitors can explore a variety of vintage cars, learn about the evolution of the automobile, and even take a ride in a classic car. The museum also features interactive exhibits, educational programs, and a gift shop.

Archer Park is a historic park located in Troy, Ohio. It features a variety of attractions, including a restored train station, a museum, a carousel, a playground, and a picnic area. The park also has a walking path that winds through the grounds, and a gazebo that provides a great view of the surrounding area. The park is a popular destination for families, and it is a great place to spend an afternoon.

Troy City Park is a sprawling outdoor space located in a small town in Ohio. It features a variety of recreational activities, including a large playground, a walking path, a pond, and a disc golf course. There are also several picnic areas, a gazebo, and a pavilion for special events. The park is well-maintained and offers plenty of shade from the trees. It is a great place to spend a day with family and friends.

Carriage Crossing Park is a beautiful outdoor destination located in Troy, Ohio. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a fishing pond. The park also has a large open field perfect for sports and other activities. The park is surrounded by lush trees and a picturesque lake, making it a great spot for a relaxing day outdoors.

Veterans Museum Miami Valley is a museum dedicated to honoring the service and sacrifice of veterans from the Miami Valley region. It features a variety of exhibits, including artifacts, photographs, and documents from the Revolutionary War to the present day. Visitors can explore the history of the region's veterans and learn about the contributions they have made to the nation. The museum also offers educational programs and special events throughout the year.

Trinity Park is a large outdoor recreational area located in Troy, Ohio. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large pavilion, which is used for special events and concerts. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Kings Chapel Park is a picturesque park located in a rural area. It features a large pond surrounded by lush green grass and a variety of trees. There are several walking trails that wind through the park, as well as a playground and picnic area. The park also has a chapel, which is a popular spot for weddings and other special events. The park is a great place to relax and enjoy nature, and it is a popular destination for locals and visitors alike.

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
Delaware$2,020
Westlake$2,020
Lebanon$1,895
North Olmsted$1,845
Lancaster$1,675
Willoughby$1,595
Streetsboro$1,595
Mayfield Heights$1,425
Massillon$950

Average household income in Troy area graph - US Census

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The median household income in Troy in 2021 was $65,563. This represents a 35.3% 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%

Neighborhoods in Troy

We currently do not have this data but we are working to add this soon.

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.

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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.

As of May , the average rent in Troy is $1,088.
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