City · 13,947 residents · Lincoln County, Missouri
Troy, Missouri
In Troy, a typical home is worth $226,500 and typical rent is $1,033 a month. Compared with all of Lincoln County, typical household income is 11% lower, typical rent is 7% higher, and the share of households that own their home is 9 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $248,326 to $319,265.
Typical rent
$1,282a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Troy is in Lincoln County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lincoln County. See the county
What this place has that others do not, from public data, most unusual first.
1
70% of households in Troy own their home, against 79% in Lincoln County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Troy
What homes there are in Troy, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Troy
Lincoln County
Missouri
United States
Kind of home: Troy and its comparisons
Measure
Troy
Lincoln County
Missouri
United States
Detached house
81%
77%
71%
61%
Attached house
Unreliable estimate
2%
4%
6%
Building of 2 to 4
8%
4%
8%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
13%
19%
Mobile home
Unreliable estimate
14%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 81% of homes here, against 77% in Lincoln County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Troy
Lincoln County
Missouri
United States
Year built: Troy and its comparisons
Measure
Troy
Lincoln County
Missouri
United States
Before 1960
10%
10%
27%
26%
1960–1979
10%
16%
25%
24%
1980–1999
30%
30%
25%
25%
2000–2009
33%
25%
13%
14%
2010 or later
17%
20%
10%
11%
In Troy, half of the homes were built before 2000; in Lincoln County, before 1997.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K30%
$200K–$300K50%
$300K–$500K13%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Troy and its comparisons
Measure
Troy
Under $100K
Unreliable estimate
$100K–$200K
30%
$200K–$300K
50%
$300K–$500K
13%
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99933%
$1,000–$1,49927%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Troy and its comparisons
Measure
Troy
Under $500
Unreliable estimate
$500–$999
33%
$1,000–$1,499
27%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,411 a month
Lincoln County: $1,521 a month
Without a mortgage
$485 a month
Lincoln County: $481 a month
Owners with a mortgage
76%
Lincoln County: 66%
In Troy, 76% of owners have a mortgage, and their typical cost is $1,411 a month, against $1,521 in Lincoln County. Without one it drops to $485.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Troy+53%
Lincoln County+50%
Missouri+47%
United States+53%
Typical rent
Troy+23%
Lincoln County+13%
Missouri+25%
United States+33%
Typical household income
Troy+44%
Lincoln County+39%
Missouri+28%
United States+29%
Change since 2015–2019: Troy and its comparisons
Measure
Troy
Lincoln County
Missouri
United States
Typical home value
+53%
+50%
+47%
+53%
Typical rent
+23%
+13%
+25%
+33%
Typical household income
+44%
+39%
+28%
+29%
Since 2015–2019, homes in Troy gained value faster than in Lincoln County: 53% against 50%.
The typical rent in Troy rose 23% over the same time; in Lincoln County, it rose 13%.
The typical household income in Troy rose 44% over that time; home values changed +53% and rent +23%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Troy and its comparisons
Measure
Troy
Lincoln County
Missouri
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
1.8%
1.7%
3.4%
People per household
2.63
2.73
2.40
2.53
Drive alone
74%
80%
75%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
13%
8%
13%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Lincoln County, a household in Troy has 2.63 people on average.
Working from home is more common in Troy: 13%, against 8% in Lincoln County.
Do the math
What would you pay each month for a home in Troy?
A typical home is within reach of the typical income
We start with a typical home in Troy, worth $226,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Troy, which is $79,012 a year.
The calculator's FHA and conventional loan limits are those of all of Lincoln County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Troy. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,928 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,841
at 7.18% · 30 years
Loan amount
$222,397
Total interest
$319,977
Paid off in
November 2056
Includes $3,825 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,844 a month
Your payment · 28%
Tight
$1,844 to $2,370 a month
Hard
more than $2,370 a month
Compared with the typical household income in Troy ($79,012 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,507
Property tax
$140
Home insurance
$94
FHA mortgage insurance (MIP)
$100
You need at least $7,928 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,841; principal and interest $1,507.
The city and its county
Troy and Lincoln County
Troy is in Lincoln County, Missouri. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Troy
Map of Lincoln County, Missouri, with Troy marked. Around it, the neighboring counties.
Troy
Lincoln County
Other cities with a page
Troy's own numbers
Typical home value
$226,500
Typical monthly rent
$1,033
Typical yearly household income
$79,012
Households that own their home
70%
Effective property tax rate
0.74%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lincoln County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,349
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
4.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lincoln County.
A typical home in Troy is worth $226,500: 7% below the county and about the same as Missouri. With the typical household income in Troy ($79,012 a year), a typical home costs 2.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Troy2.9 years
Lincoln2.7 years
Missouri3.3 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lincoln County
According to FHFA’s house price index, home prices in Lincoln County rose 92% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lincoln County.
Yearly change in FHFA’s price index in Lincoln County, 2016 to 2025
2016: +5.0% +5.0% 2016
2017: +7.1% +7.1% 2017
2018: +5.0% +5.0% 2018
2019: +5.4% +5.4% 2019
2020: +3.7% +3.7% 2020
2021: +11.8% +11.8% 2021
2022: +16.4% +16.4% 2022
2023: +1.1% +1.1% 2023
2024: +9.7% +9.7% 2024
2025: +3.1% +3.1% 2025
Change in FHFA’s price index in Lincoln County, Missouri and the United States
Period
County
Missouri
U.S.
Last year (2025)
+3.1%
+3.7%
+2.9%
5 years (2020–2025)
+49%
+51%
+47%
10 years (2015–2025)
+92%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Troy next to Lincoln County, Missouri and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Troy$226,500
Lincoln$244,300
Missouri$230,300
United States$332,700
Typical monthly rent
Troy$1,033
Lincoln$961
Missouri$1,033
United States$1,413
Typical yearly household income
Troy$79,012
Lincoln$89,278
Missouri$70,702
United States$80,734
See the full table
Troy next to Lincoln County and Missouri
Measure
Troy
Lincoln County
Missouri
U.S.
Typical home value
$226,500 ▼7% below the county
$244,300
$230,300
$332,700
Typical monthly rent
$1,033 ▲7% above the county
$961
$1,033
$1,413
Typical yearly household income
$79,012 ▼11% below the county
$89,278
$70,702
$80,734
Households that own their home
70% ▼9 points below the county
79%
68%
65%
Typical yearly property tax
$1,676 ▼7% below the county
$1,811
$1,948
$3,119
Effective property tax rate
0.74%
0.74%
0.85%
0.94%
Renters with high rent for their income
43% ▲5 points above the county
37%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lincoln County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Troy
For a typical $226,500 home in Troy, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Troy's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,841a month
Least cash to close
Down payment
$7,928
Cash to close
$14,723
Rate
7.18%
Mortgage insurance
FHA MIP · $100
Conventional, 5% down$1,799a month
Down payment
$11,325
Cash to close
$18,120
Rate
7.18%
Mortgage insurance
PMI · $108
Conventional, 20% down, no PMI$1,462a month
Down payment
$45,300
Cash to close
$52,095
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,671a month
Down payment
$33,975
Cash to close
$40,770
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Troy
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,841
$7,928
$222,398
7.18%
FHA MIP · $100
$14,723
580
Conventional, 5% down
$1,799
$11,325
$215,175
7.18%
PMI · $108
$18,120
620*
Conventional, 20% down, no PMI
$1,462
$45,300
$181,200
7.18%
None
$52,095
620*
ITIN, 15% down (example)
$1,671
$33,975
$192,525
8.18%
None
$40,770
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Troy and for Lincoln County.
Property tax
Effective rate in Troy
0.74%of the home’s value each year
$1,676 a year for the typical owner in Troy.
Troy0.74%
Lincoln0.74%
Missouri0.85%
What Missouri publishesDeadline to appeal the assessment to the county board of equalization (Missouri Revisor of Statutes (Revised Statutes of Missouri))
Typical rent in Troy is $1,033 a month: 7% above the county. In Troy, 43% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lincoln County, by unit size. To pay the 2-bedroom one ($1,349 a month) without spending more than 30% of your income, you would need to earn $25.94 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lincoln County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,064
$20.46
$42,560
1 bedroom
$1,104
$21.23
$44,160
2 bedrooms
$1,349
$25.94
$53,960
3 bedrooms
$1,731
$33.29
$69,240
4 bedrooms
$1,997
$38.40
$79,880
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Troy
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Troy is in ZIP code 63379.
For 2 bedrooms it is $1,230: $119 less than the fair market rent for Lincoln County ($1,349).
Fair market rent by ZIP code and size in Troy, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
63379
$970
$1,010
$1,230
$1,580
$1,820
ZIP code2 bd3 bd
63379 $1,230$1,580
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Troy when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Lincoln County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Troy or Lincoln County. The ones below are statewide in Missouri: they work in Troy the same as in the rest of the state.
Missouri state commission mortgage for first-time buyers and veterans, with the option of cash assistance for the down payment and closing costs.Offered by Missouri Housing Development Commission (MHDC).
Missouri state commission mortgage for buyers who earn more than First Place allows, with a second loan of 4% of the mortgage for the down payment and closing costs that is forgiven after ten years.Offered by Missouri Housing Development Commission (MHDC).
No legal help resource on our list is for Troy or Lincoln County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Troy and all of Lincoln County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Troy?
The typical home value in Troy is $226,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lincoln County it is $244,300.
How much does it cost to rent in Troy?
Typical rent in Troy is $1,033 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lincoln County is $1,349.
What is the FHA loan limit in Troy?
Troy uses the FHA limit for all of Lincoln County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Troy?
The typical homeowner in Troy pays $1,676 a year, according to the U.S. Census Bureau. That is 0.74% of the home’s value; in Lincoln County, the rate is 0.74%.
Where can I find free help to buy or rent in Troy?
We found no HUD-approved counseling agencies with an office in Lincoln County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
