Cheap Apartments for Rent near Alma, AL from $400 (38 Rentals)

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

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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Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460
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Forest Manor
1 to 2 Bedroom Apartments

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
  • Utilities Included
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Spartan Crossing
1 to 2 Bedroom Apartments

Spartan Crossing

804 Saraland Blvd SSaraland, AL 36571
  • 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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Showing Results 1-38, Page 1 of 1

Alma, AL Local Guide

Cheapest Available Alma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alma, AL is a 2 Beds unit found at Rock Pointe Apartments priced from $535. Country Club Cottages has the second lowest priced unit, which is a 1 Bed apartment currently listed from $603. Here is today’s list of the most affordable Alma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$535
Country Club Cottages1 Bed/1 Bath1BR,1BA$603
Brewington Pointe Apartments2 Beds, 1 bath2BR,1BA$615
Camellia Place2 Bed/1 Bath2BR,1BA$645
River Run Apartments2 Beds, 1 bath2BR,1BA$705
Pebble Creek Apartments2 Bed/1 Bath2BR,1BA$725
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$749
Willow Trace Apartments2 Bed/2 Bath2BR,2BA$799
Coventry Gardens Apartments2 Bed/1 Bath2BR,1BA$799
Cottonwood Estates2 Bed/2 Bath2BR,2BA$799

Best Value Apartments for Rent in Alma, AL and Nearby

As of July 25, 2026 the best value apartment in the Alma area is the $0.75 price per square foot 2 Bed/2 Bath Model at Cottonwood Estates in the starting from $799. The second greatest value Alma apartment is the 2 Bed/2 Bath Model at Willow Trace Apartments starting at $799 with a $0.79 price per square foot . Here is today’s list of the best values for Alma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottonwood Estates2 Bed/2 Bath2BR,2BA$0.75
Willow Trace Apartments2 Bed/2 Bath2BR,2BA$0.79
Brewington Pointe Apartments2 Beds, 1 bath2BR,1BA$0.62
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$0.54
Pebble Creek Apartments2 Bed/1 Bath2BR,1BA$0.80
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$0.83
River Run Apartments2 Beds, 1 bath2BR,1BA$0.81
Coventry Gardens Apartments2 Bed/1 Bath2BR,1BA$0.95
Forest Hill Apartments1X11BR,1BA$0.99
Country Club Cottages1 Bed/1 Bath1BR,1BA$0.83

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 Alma, AL Rentals by Map

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Frequently Asked Questions about Cheap Alma Apartments

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

The lowest price for a Cheap One Bedroom Alma Apartment is $603 at Country Club Cottages.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alma is starting from $535 at Rock Pointe Apartments.

What is the most affordable Alma Three Bedroom Apartment?

The best deal on a cheap Alma Three Bedroom Apartment rental is at Rock Pointe Apartments and starts from $595.

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.

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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.