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Affordable
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These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $270,100, higher than the Louisiana average of $235,139.
The average cost of rent is $800/mo in Troy, primarily driven by the current value of real estate in the Troy area. In Troy, 8.70% of households rent, and 79.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $8,422 per month. Households that rent pay about 9.50% of their income on rent here. Troy’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Felixville, LA: equally priced homes
- Norwood, LA: less expensive homes
- Darlington, LA: less expensive homes
- Clinton, LA: less expensive homes
- Centreville, MS: less expensive homes
- Greensburg, LA: less expensive homes
- Wilson, LA: less expensive homes
- Gurley, LA: less expensive homes
- Ethel, LA: less expensive homes
- Greenlaw, LA: less expensive homes
Cities with Similar Populations
- Whitney, MS: less expensive homes
- Brighton, OR: higher priced homes
- Brookside, TN: less expensive homes
- Brookton, ME: less expensive homes
- Brookville, NJ: higher priced homes
- Brookwood Forest, AL: equally priced homes
- Brownsmead, OR: higher priced homes
- Burke, KY: less expensive homes
- Burning Bush, GA: less expensive homes
- Burrsville, MD: equally priced homes
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