Studio Apartment Rent in Troy, IL
Median asking rent for a studio apartment in Troy, Illinois as of July 2026. That's +36% lower than the citywide median of $1,425 and +29% 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 Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Dixon | $610 |
| 2 | Rantoul | $638 |
| 3 | Charleston | $640 |
| 4 | Quincy | $650 |
| 5 | Macomb | $660 |
| 6 | Pekin | $660 |
| 7 | Rock Island | $680 |
| 8 | Danville | $690 |
| 9 | Carbondale | $700 |
| 10 | Moline | $700 |
| 11 | Normal | $720 |
| 12 | Peoria | $738 |
| 13 | Springfield | $750 |
| 14 | Washington | $750 |
| 15 | Decatur | $760 |
Most expensive cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Morton Grove | $2,190 |
| 2 | Lake Forest | $2,190 |
| 3 | Deerfield | $2,190 |
| 4 | Barrington | $2,190 |
| 5 | Wilmette | $2,100 |
| 6 | Buffalo Grove | $2,100 |
| 7 | Highland Park | $2,060 |
| 8 | Plainfield | $2,015 |
| 9 | Naperville | $1,978 |
| 10 | Vernon Hills | $1,970 |
| 11 | Streamwood | $1,970 |
| 12 | Northbrook | $1,960 |
| 13 | Bartlett | $1,940 |
| 14 | Bolingbrook | $1,925 |
| 15 | Romeoville | $1,910 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Troy.
| City | Distance | Studio rent | vs Troy |
|---|---|---|---|
| O Fallon, IL | 7.8 mi | $1,130 | +$220 (+24%) |
| Collinsville, IL | 8 mi | $880 | $-30 (-3%) |
| Edwardsville, IL | 10 mi | $1,020 | +$110 (+12%) |
| Fairview Heights, IL | 12 mi | $1,030 | +$120 (+13%) |
| Shiloh, IL | 13.4 mi | $960 | +$50 (+5%) |
| Swansea, IL | 14.3 mi | $1,225 | +$315 (+35%) |
| Belleville, IL | 16.6 mi | $873 | $-37 (-4%) |
| Granite City, IL | 16.9 mi | $840 | $-70 (-8%) |
| Wood River, IL | 17.7 mi | $840 | $-70 (-8%) |
| Bethalto, IL | 19.4 mi | $840 | $-70 (-8%) |
| Spanish Lake, MO | 23.4 mi | $900 | $-10 (-1%) |
| Bellefontaine Neighbors, MO | 24 mi | $930 | +$20 (+2%) |
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, Illinois is $910 per month. This is +36% below the citywide median of $1,425.
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 $36,400 ($3,033/month gross), which works out to roughly $17.50/hour at a full-time job.
Is Troy expensive for a studio compared to the rest of the US?
Troy's studio median of $910 is +29% below the national studio median of $1,290. It ranks in the 20th percentile of US cities tracked.
How does Troy rank for studio rent in Illinois?
Among the 140 cities in Illinois with studio data, Troy ranks #31 from cheapest to most expensive.
Are there cheaper studio options near Troy?
Yes — nearby cities with cheaper studio rents include Collinsville ($880), Belleville ($873), Granite City ($840).