Rent in Troy, NY
Across Troy's 4 ZIP codes, a 2-bedroom typically rents for about $1,232 a month, with figures from $933–$1,711. The highest typical rent is in 12181 ($1,711) and the lowest in 12182 ($933). 3 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Rensselaer County pay about 2.05% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,229 | $1,147–$1,238 | 4 |
| 1 bed | $1,277 | $896–$1,425 | 4 |
| 2 beds | $1,232 | $933–$1,711 | 4 |
| 3 beds | $1,246 | $1,001–$2,039 | 4 |
| 4 beds | $1,798 | $1,124–$2,249 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Troy ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Troy, NY?
- About $1,232 a month: the median of the typical rents in 4 ZIP codes, which range from $933–$1,711. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Troy, NY?
- About $1,277 a month: the median of the typical rents in 4 ZIP codes, which range from $896–$1,425. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Troy, NY?
- About $1,246 a month: the median of the typical rents in 4 ZIP codes, which range from $1,001–$2,039. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Troy, NY?
- About $1,229 a month: the median of the typical rents in 4 ZIP codes, which range from $1,147–$1,238. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Troy, NY?
- About $1,798 a month: the median of the typical rents in 4 ZIP codes, which range from $1,124–$2,249. Figures are gross rent (rent plus tenant-paid utilities).
- Which Troy ZIP code has the highest rent?
- For a 2-bedroom, 12181 has the highest typical rent at $1,711 a month, and 12182 the lowest at $933.
- What is the property tax rate in Troy, NY?
- Owner-occupied homes in Rensselaer County pay a typical 2.05% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Troy rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).