Cheap Homes in Troy, IL

Current Market Conditions in Troy, IL

The real estate market in Troy is currently experiencing a steady increase in home values due to its growing popularity among families seeking affordable housing in the Greater St. Louis metropolitan area.

Many buyers are attracted to the area for its strong community feel and amenities, which has led to a decline in inventory and thus created a competitive market.

Rent Prices In Troy, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, IL, is on a rollercoaster ride. The average rent price in Troy, IL, is $1,300.00. Indeed, when looking to rent in Troy, IL, you can expect to pay as little as $670.00 or as much as $2,370.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Troy, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.