The city of Troy New York along with Albany and Schenectady form the state’s so called Capital District. Renting an apartment in Troy NY, you will live about 8 miles northeast of Albany on the eastern bank of the Hudson River. It is also just 17 miles to Schenectady from here. The historic downtown area features an abundance of 19th century architecture as seen in buildings and churches throughout the area. Interstate 787 connects Troy with I-87 and the New York State Thruway. Residents here can use the Albany International Airport only a few miles away for travel.
The economy of the city is driven by Rensselaer Polytechnic Institute, one of the highest ranked engineering schools in the country. The school encompasses 275 acres, has more than 7,000 students, and employs many local residents. Troy is also where you can find Russell Sage College and Hudson Valley Community College.
There are several entertainment venues that Troy apartment dwellers can visit. The Arts Center of the Capital Region is a multi-use center located in downtown Troy. The city hosts many festivals and events at Riverfront Park including music, craft fairs and children’s activities. The Children’s Museum of Science and Technology introduces kids to the world of science with fun activities.
Troy apartments for rent can be found close to Route 7 and near the Albany Avenue Bridge where you will have access to I-787. Expect to pay between $650-750 per month rent for a one bedroom, but some apartments can be much higher. Single family houses for rent with 2-3 bedrooms are often available near RPI between 3rd and 6th Avenues.
Average Rent in Troy, NY
The following chart shows the average rent for an apartment in Troy, NY and nearby cities: