Cheap Apartments for Rent near Alabama, AL from $500 (40 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.

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.

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Ashbrook Apartments
1 to 3 Bedroom Apartments

Ashbrook Apartments

67 Ashbrook LnAlbertville, AL 35951
  • Utilities Included

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.

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.

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. Hickory Run II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. 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
Hickory Run II Apartments1 Bedroom1BR,1BA$619
Homestead1 Bed, 1 bath1BR,1BA$685
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$695
Englewood Apartments1 Bed/1 Bath1BR,1BA$699
Wood Valley ApartmentsStudioStudio,1BA$700
Hallmark Talladega3BR3BR,2BA$705
Cottonwood ApartmentsOne Bedroom1BR,1BA$750
Summer Waters Apartments1 Bedroom 1 Bath1BR,1BA$775
Chateau Apartments1 Bed/1 Bath1BR,1BA$799

Best Value Apartments for Rent in Alabama, AL and Nearby

As of July 12, 2026 the best value apartment in the Alabama area is the $0.86 price per square foot 4 BEDROOM Model at Arbours at Cane Creek in the starting from $1,160. The second greatest value Alabama apartment is the 3BR Model at Hallmark Talladega starting at $705 with a $0.56 price per square foot in the Talladega County neighborhood. 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.
Arbours at Cane Creek4 BEDROOM4BR,2BA$0.86
Hallmark Talladega3BR3BR,2BA$0.56
Serenity Montreat Village3 Bed Townhouse3BR,1.5BA$0.71
The Pointe @ JSU4x44BR,4BA$0.47
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$0.70
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.87
Meadows of Alexandria2 Bedroom2BR,2BA$0.91
Hickory Run II Apartments1 Bedroom1BR,1BA$0.83
Fox Run2 Beds, 1 bath2BR,1BA$0.74
Homestead1 Bed, 1 bath1BR,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!

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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 $619 at Hickory Run II Apartments.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.