Cheap Apartments for Rent in Alabama, AL from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alabama.

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.

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Ashbrook Apartments
1 to 3 Bedroom Apartments

Ashbrook Apartments

67 Ashbrook LnAlbertville, AL 35951
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Alabama, AL Local Guide

Cheapest Available Alabama Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alabama, AL is a 2 Beds unit found at Fox Run priced from $525. Emerald Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Alabama apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run2 Beds, 1 bath2BR,1BA$525
Emerald CourtOne Bedroom1BR,1BA$525
Hickory Run II Apartments1 Bedroom1BR,1BA$619
Englewood Apartments1 Bed/1 Bath1BR,1BA$699
Wood Valley ApartmentsStudioStudio,1BA$700
Summer Waters Apartments1 Bedroom 1 Bath1BR,1BA$775
Spring Lake Lodge1x1 B R1BR,1BA$799
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Serenity Montreat Village2 Bed Townhouse2BR,1BA$825
Indian HillsOne Bedroom1BR,1BA$825

Best Value Apartments for Rent in Alabama, AL and Nearby

As of May 27, 2026 the best value apartment in the Alabama area is the $0.71 price per square foot 3 Bed Townhouse Model at Serenity Montreat Village in the starting from $850. The second greatest value Alabama apartment is the 4x4 Model at The Pointe @ JSU starting at $549 with a $0.47 price per square foot . Here is today’s list of the best values for Alabama apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Serenity Montreat Village3 Bed Townhouse3BR,1.5BA$0.71
The Pointe @ JSU4x44BR,4BA$0.47
Arbours at Cane Creek2 Bedroom Townhome2BR,1.5BA$0.82
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$0.90
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.87
Meadows of Alexandria2 Bedroom2BR,2BA$0.97
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01
Emerald CourtOne Bedroom1BR,1BA$0.69
Hickory Run II Apartments1 Bedroom1BR,1BA$0.83
Fox Run2 Beds, 1 bath2BR,1BA$0.74

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

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Alabama, AL Area Reviews

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Debbie4+ years in Alabama

July 15, 2025

Alabama is the perfect place to raise a family. The neighbourhood we have lived in for 21 years is like the best of both worlds. We all look out for each other while at the same time respecting each other’s privacy. We have great schools and a park below the house and a baseball field for the younger children to play baseball and softball. We have a zero crime rate and I love it here. We are being forced to leave our beloved home after 21 years of paying on a 30 year mortgage by a lender who bought our loan and then manipulated the numbers until they foreclosed on our home. I have no clue how they got away with it but that doesn’t change the way I feel about living in Alabama. It’s simply the best. Please don’t hold my comments back. I deserve to be heard by everyone. Thank you. Debbie

Frequently Asked Questions about Cheap Alabama Apartments

How much is rent for a Cheap One Bedroom Alabama Apartment?

The lowest price for a Cheap One Bedroom Alabama Apartment is $525 at Emerald Court.

What is the lowest price for a Cheap Two Bedroom Alabama Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alabama is starting from $525 at Fox Run.

What is the most affordable Alabama Three Bedroom Apartment?

The best deal on a cheap Alabama Three Bedroom Apartment rental is at Hickory Run II Apartments and starts from $779.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.