Studio Apartment Rent in Troy, NY
Median asking rent for a studio apartment in Troy, New York as of July 2026. That's +35% lower than the citywide median of $1,501 and +24% 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 New York
| # | City | Studio rent |
|---|---|---|
| 1 | Potsdam | $780 |
| 2 | Gloversville | $790 |
| 3 | Elmira | $817 |
| 4 | Auburn | $830 |
| 5 | Endicott | $830 |
| 6 | Watertown | $830 |
| 7 | Oneonta | $850 |
| 8 | Palmyra | $850 |
| 9 | Lockport | $860 |
| 10 | Niagara Falls | $865 |
| 11 | Binghamton | $873 |
| 12 | Johnson City | $880 |
| 13 | North Tonawanda | $880 |
| 14 | Utica | $885 |
| 15 | Amsterdam | $910 |
Most expensive cities for a studio in New York
| # | City | Studio rent |
|---|---|---|
| 1 | Rye | $3,610 |
| 2 | Harrison | $3,300 |
| 3 | Scarsdale | $3,110 |
| 4 | Nanuet | $3,050 |
| 5 | Dobbs Ferry | $2,920 |
| 6 | White Plains | $2,798 |
| 7 | Garden City | $2,770 |
| 8 | Larchmont | $2,750 |
| 9 | Mamaroneck | $2,730 |
| 10 | Port Chester | $2,700 |
| 11 | Ossining | $2,640 |
| 12 | New York | $2,625 |
| 13 | Peekskill | $2,420 |
| 14 | New Rochelle | $2,400 |
| 15 | Yonkers | $2,340 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Troy.
| City | Distance | Studio rent | vs Troy |
|---|---|---|---|
| Latham, NY | 11.2 mi | $1,260 | +$285 (+29%) |
| Clifton Park, NY | 12.9 mi | $1,140 | +$165 (+17%) |
| Delmar, NY | 20.6 mi | $1,320 | +$345 (+35%) |
| Saratoga Springs, NY | 22.4 mi | $1,420 | +$445 (+46%) |
| Pittsfield, MA | 32.6 mi | $1,120 | +$145 (+15%) |
| Glens Falls, NY | 37.1 mi | $1,030 | +$55 (+6%) |
| Catskill, NY | 42.7 mi | $1,160 | +$185 (+19%) |
| Gloversville, NY | 55.8 mi | $790 | $-185 (-19%) |
| Brattleboro, VT | 66.1 mi | $1,000 | +$25 (+3%) |
| Westfield, MA | 72.3 mi | $1,000 | +$25 (+3%) |
| Torrington, CT | 73 mi | $960 | $-15 (-2%) |
| Northampton, MA | 74.8 mi | $1,330 | +$355 (+36%) |
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, New York is $975 per month. This is +35% below the citywide median of $1,501.
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 $39,000 ($3,250/month gross), which works out to roughly $18.75/hour at a full-time job.
Is Troy expensive for a studio compared to the rest of the US?
Troy's studio median of $975 is +24% below the national studio median of $1,290. It ranks in the 25th percentile of US cities tracked.
How does Troy rank for studio rent in New York?
Among the 124 cities in New York with studio data, Troy ranks #22 from cheapest to most expensive.
Are there cheaper studio options near Troy?
Yes — nearby cities with cheaper studio rents include Gloversville ($790), Torrington ($960).