Real Estate Investing in Troy, Alabama

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

3 ZIP codes • Population: 25,776 • Pike County

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Should you buy in Troy, AL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.9% of homes vacant — above national norms.

What’s happening in Troy, AL?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $125,278
Avg Monthly Rent $1,017
ZIP Codes 3

Investing in Troy Real Estate

With a sizable population across 3 ZIPs, Troy shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

Across Troy's 3 ZIPs, fundamentals run subdued: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Troy are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Alabama.

Demographics in Troy show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Troy, AL. Anonymous, moderated, never written by AI.

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Avg Home Value
$125,278
Avg Monthly Rent
$1,017
1% Rule
✗ Below
Landlord Friendly (AL)
☀️ Warm Market — Troy, AL metro
0
Days to pending
5.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Troy

1 College 13,923 Students 835 Off-Campus Renters
C+
Troy University
4-Year Public · 13,923 students
📍 ~835 students rent off-campus

Investor Insight: With 835 students living off-campus, Troy has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Troy, AL

Screen every ZIP in Troy

Filter Troy’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Troy, AL

Is Troy in AL worth investing in?

Troy, AL scores 3.0/5 for investability. Home values sit at $125K and rents near $1,017/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Should investors worry about vacancy in Troy, AL?

Troy, AL carries elevated vacancy risk. Expect reliable absorption at market rents of $1,017/mo.

How much is rent in Troy, AL?

Average rent in Troy, AL is approximately $1,017/mo per month. Against $125K home values that yields a reasonable rent-to-price ratio.

Is the tenant base reliable in Troy, AL?

Troy, AL offers a stable renter base at the $1,017/mo rent level. Tenant turnover is reasonable for well-managed properties.

What type of investing works in Troy, AL?

Most investors in Troy, AL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

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