Cheap Homes for Rent in Akron, AL from $500 (7 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Akron, AL Local Guide

Cheapest Available Akron Apartments for Rent and Nearby

 

The cheapest available apartment rental in Akron, AL is a Studio unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Riverbend Residences in the Skyland McFarland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Akron apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flex Studio Apartments1BR/1.0BAStudio,1BA$495
Riverbend Residences1x11BR,1BA$700
Rain Tree Estates2 Bed/ 2 Bath2BR,2BA$705

Best Value Apartments for Rent in Akron, AL and Nearby

As of June 11, 2026 the best value apartment in the Akron area is the $0.51 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $925. The second greatest value Akron apartment is the Three Bedroom Model at Hallmark at Garden Parkway starting at $1,245 with a $0.99 price per square foot in the Skyland McFarland neighborhood. Here is today’s list of the best values for Akron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Hallmark at Garden ParkwayThree Bedroom3BR,2BA$0.99
Dogwood Lane Apartments2 BR 1 BA TH2BR,1BA$0.95
Rain Tree Estates3 Bed/ 2 Bath3BR,2BA$0.79
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
The GlensTwo Bedroom2BR,2BA$1.16
French Quarter ApartmentsOne Bedroom1BR,1BA$1.21
Creekwood Village Apartments1x11BR,1BA$1.01
Forrester Gardens Apartments2x12BR,1BA$1.10
Riverbend Residences1x11BR,1BA$1.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Akron

What type of rentals are currently available in Akron?

There are currently 46 Apartments for Rent in Akron, AL with pricing that ranges from $465 to $2,745. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Akron ranging from $565 to $2,450.

What is the current price range for Rental Homes in Akron?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Akron ranges from $565 to $2,450 with an average monthly rent of $1,609.

How much are larger Three and Four Bedroom Rentals in Akron?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Akron range from $789 to $2,745, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $639.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.