Cheap Apartments for Rent near Alabama, AL from $505 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Ashbrook Apartments
1 to 3 Bedroom Apartments

Ashbrook Apartments

67 Ashbrook LnAlbertville, AL 35951
  • Utilities Included
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Wood Valley Apartments
Studio to 2 Bedroom Apartments

Wood Valley Apartments

1700 Greenbrier Dear RdAnniston, AL 36207
  • Utilities Included

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.

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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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Showing Results 1-45, Page 1 of 1

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 in the St Clair County neighborhood priced from $525. The Pointe @ JSU has the second lowest priced unit, which is a 4 Beds apartment currently listed from $634. 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
The Pointe @ JSU4x4 Premium4BR,4BA$634
HomesteadOne Bedroom1BR,1BA$685
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$695
Englewood Apartments1 Bed/1 Bath1BR,1BA$699
Hallmark Talladega3BR3BR,2BA$705
Cottonwood ApartmentsOne Bedroom1BR,1BA$750
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Indian HillsOne Bedroom1BR,1BA$825
Hickory Run II Apartments3 Bedroom3BR,2BA$830

Best Value Apartments for Rent in Alabama, AL and Nearby

As of August 26, 2026 the best value apartment in the Alabama area is the $0.56 price per square foot 3BR Model at Hallmark Talladega in the in the Talladega County neighborhood starting from $705. The second greatest value Alabama apartment is the 4x4 Premium Model at The Pointe @ JSU starting at $634 with a $0.55 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.
Hallmark Talladega3BR3BR,2BA$0.56
The Pointe @ JSU4x4 Premium4BR,4BA$0.55
Arbours at Cane Creek2 Bedroom Townhome2BR,1.5BA$0.82
Hickory Run II Apartments3 Bedroom3BR,2BA$0.79
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$0.70
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.87
Meadows of Alexandria2 Bedroom2BR,2BA$0.91
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01
Fox Run2 Beds, 1 bath2BR,1BA$0.74
HomesteadOne Bedroom1BR,1BA$0.98

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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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!

Explore Alabama, AL Rentals by Map

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Alabama, AL Area Reviews

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Debbie • 4+ 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 $685 at Homestead.

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 Magnolia Terrace Apartments and starts from $695.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.