Studio Apartment Rent in Troy, AL
Median asking rent for a studio apartment in Troy, Alabama as of July 2026. That's +26% lower than the citywide median of $1,017 and +42% below the national studio median of $1,290.
Income needed for a studio in Troy
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Troy
Compare Troy's median rent across every apartment size.
Cheapest cities for a studio in Alabama
| # | City | Studio rent |
|---|---|---|
| 1 | Jasper | $590 |
| 2 | Gadsden | $620 |
| 3 | Daleville | $670 |
| 4 | Enterprise | $670 |
| 5 | Florence | $670 |
| 6 | Ozark | $670 |
| 7 | Jacksonville | $680 |
| 8 | Cullman | $700 |
| 9 | Troy (this page) | $750 |
| 10 | Decatur | $755 |
| 11 | Oxford | $760 |
| 12 | Opelika | $765 |
| 13 | Saraland | $780 |
| 14 | Dothan | $783 |
| 15 | Muscle Shoals | $790 |
Most expensive cities for a studio in Alabama
| # | City | Studio rent |
|---|---|---|
| 1 | Helena | $1,450 |
| 2 | Owens Cross Roads | $1,390 |
| 3 | Calera | $1,290 |
| 4 | Hoover | $1,270 |
| 5 | Madison | $1,253 |
| 6 | Pike Road | $1,240 |
| 7 | Pelham | $1,220 |
| 8 | Vestavia Hills | $1,210 |
| 9 | Trussville | $1,210 |
| 10 | Homewood | $1,210 |
| 11 | Meridianville | $1,180 |
| 12 | Spanish Fort | $1,170 |
| 13 | Chelsea | $1,170 |
| 14 | Fairhope | $1,140 |
| 15 | Alabaster | $1,120 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Troy.
| City | Distance | Studio rent | vs Troy |
|---|---|---|---|
| Pike Road, AL | 29.8 mi | $1,240 | +$490 (+65%) |
| Ozark, AL | 35.8 mi | $670 | $-80 (-11%) |
| Montgomery, AL | 40.1 mi | $829 | +$79 (+11%) |
| Enterprise, AL | 41.3 mi | $670 | $-80 (-11%) |
| Daleville, AL | 46 mi | $670 | $-80 (-11%) |
| Millbrook, AL | 51.3 mi | $800 | +$50 (+7%) |
| Auburn, AL | 51.7 mi | $880 | +$130 (+17%) |
| Wetumpka, AL | 53.5 mi | $800 | +$50 (+7%) |
| Dothan, AL | 58 mi | $783 | +$33 (+4%) |
| Prattville, AL | 58 mi | $960 | +$210 (+28%) |
| Opelika, AL | 61 mi | $765 | +$15 (+2%) |
| Phenix City, AL | 69.1 mi | $823 | +$73 (+10%) |
Studio rent in Troy — common questions
How much is a studio apartment in Troy?
As of July 2026, the median studio apartment rent in Troy, Alabama is $750 per month. This is +26% below the citywide median of $1,017.
What income do you need to afford a studio in Troy?
Using the standard 30% rent-to-income rule, you would need an annual income of about $30,000 ($2,500/month gross), which works out to roughly $14.42/hour at a full-time job.
Is Troy expensive for a studio compared to the rest of the US?
Troy's studio median of $750 is +42% below the national studio median of $1,290. It ranks in the 6th percentile of US cities tracked.
How does Troy rank for studio rent in Alabama?
Among the 65 cities in Alabama with studio data, Troy ranks #9 from cheapest to most expensive.
Are there cheaper studio options near Troy?
Yes — nearby cities with cheaper studio rents include Ozark ($670), Enterprise ($670), Daleville ($670).