Troy, OH housing market
Typical home value
$281K
▲ 1.8% 1 yr
Typical rent
$1,422/mo
▲ 1.9% 1 yr
Gross rent yield
6.1%
U.S. 6.3%
5-year home value change
+31%
U.S. +20%
Key takeaways
- 1The typical home in Troy is worth $281,444, up 1.8% over the past year and up 31% over five years.
- 2Typical rent is $1,422 a month (+1.9% YoY), a gross rent yield of 6.1%.
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,547/mo, $125 more than typical rent.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Troy compares
| Measure | Troy | United States |
|---|---|---|
| Typical home value | $281,444 | $366,157 |
| Home value, 1-yr change | +1.8% | +1.2% |
| Typical rent | $1,422 | $1,932 |
| Rent, 1-yr change | +1.9% | +2.7% |
| Gross rent yield | 6.1% | 6.3% |
| Price-to-rent ratio | 16.5 | 15.8 |
| Mortgage P&I, typical home | $1,547 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Troy rental, pre-filled.
Rent vs buy in Troy
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $281K home.
Landlord in Ohio? See Ohio deposit, late fee and notice rules.
Other Ohio cities
Columbus, OH
$243K home$1,471 rent
▼ 1.1% 1 yr
Cincinnati, OH
$246K home$1,432 rent
▲ 0.3% 1 yr
Cleveland, OH
$116K home$1,359 rent
▼ 0.8% 1 yr
Toledo, OH
$132K home$1,151 rent
▲ 5.4% 1 yr
Akron, OH
$139K home$1,176 rent
▲ 2.0% 1 yr
Dayton, OH
$138K home$1,241 rent
▲ 1.0% 1 yr
Canton, OH
$174K home$1,124 rent
▲ 4.3% 1 yr
Hamilton, OH
$303K home$1,438 rent
▲ 3.4% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.