Cheap Apartments for Rent in Alexandria, AL from $500 (53 Rentals)

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

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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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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Alexandria, AL Local Guide

Cheapest Available Alexandria Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexandria, 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 Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run2 Beds, 1 bath2BR,1BA$525
Hickory Run II Apartments1 Bedroom1BR,1BA$619
HomesteadOne Bedroom1BR,1BA$685
Wood Valley ApartmentsStudioStudio,1BA$700
Hallmark Talladega3BR3BR,2BA$705
Cottonwood ApartmentsOne Bedroom1BR,1BA$750
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Pine Ridge1x1PR1BR,1BA$799
Indian HillsOne Bedroom1BR,1BA$825
Meadows of Alexandria2 Bedroom2BR,2BA$850

Best Value Apartments for Rent in Alexandria, AL and Nearby

As of July 28, 2026 the best value apartment in the Alexandria area is the $0.91 price per square foot 4B Model at Jubilee Townhomes in the in the St Clair County neighborhood starting from $1,420. The second greatest value Alexandria 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 Alexandria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jubilee Townhomes4B4BR,2BA$0.91
Hallmark Talladega3BR3BR,2BA$0.56
The Pointe @ JSU4x44BR,4BA$0.47
Barrington Parc Apartments2x22BR,2BA$0.76
Arbours at Cane Creek2 Bedroom Townhome2BR,1.5BA$0.82
Meadows of Alexandria2 Bedroom2BR,2BA$0.91
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01
Hickory Run II Apartments1 Bedroom1BR,1BA$0.83
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!

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Frequently Asked Questions about Cheap Alexandria Apartments

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

The lowest price for a Cheap One Bedroom Alexandria Apartment is $619 at Hickory Run II Apartments.

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

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

What is the most affordable Alexandria Three Bedroom Apartment?

The best deal on a cheap Alexandria Three Bedroom Apartment rental is at Hallmark Talladega and starts from $705.

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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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.

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

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.