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Troy, AL Home Values and Rents
The typical home value in Troy is $181,383, 70th highest of 318 cities and towns in Alabama. Median rent is $922 a month.
- Typical home value
- $181,383
- 70th of 318 in AL
- Median rent
- $922/mo
- ACS 2020-2024
- Price change, 1 year
- -1.9%
- Sep 2026
- Homeownership
- 47.3%
- AL: 70.2%
Typical home value in Troy
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Troy |
|---|---|
| Sep 2026 | $181,383 |
| Dec 2025 | $182,997 |
| Dec 2024 | $183,648 |
| Dec 2023 | $180,097 |
| Dec 2022 | $175,593 |
| Dec 2021 | $163,176 |
| Dec 2020 | $146,555 |
| Dec 2019 | $143,281 |
| Dec 2018 | $132,422 |
| Dec 2017 | $133,768 |
| Dec 2016 | $133,482 |
Over five years, Troy prices changed +14.3%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Pike County, AL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $801 | +18.3% |
| 1 bedroom | $806 | +16.0% |
| 2 bedrooms | $1,055 | +15.7% |
| 3 bedrooms | $1,257 | +15.0% |
| 4 bedrooms | $1,490 | +23.3% |
Frequently asked questions
- What is the typical home value in Troy, AL?
- The typical home value in Troy is $181,383 (Zillow Home Value Index, Sep 2026). The Alabama median is $209,900.
- How much is rent in Troy?
- The median rent in Troy is $922 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,055.
- Are home prices going up in Troy?
- The typical home value in Troy changed -1.9% over one year and +14.3% over five years, as of Sep 2026.
- How does Troy compare with the rest of Alabama?
- Troy has the 70th highest median home value of 318 cities and towns with 1,000+ residents in Alabama.