Cheap Apartments for Rent in Altoona, AL from $400 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Cain Creek Apartments
1 to 3 Bedroom Apartments

Cain Creek Apartments

501 Mae CirWarrior, AL 35180
  • Utilities Included
close
View Me
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.

Read Article
close
View Me
Walson Way
1 to 2 Bedroom Apartments

Walson Way

805 Lessman Cir SWCullman, AL 35055

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.

Read Article
Showing Results 1-41, Page 1 of 1

Altoona, AL Local Guide

Cheapest Available Altoona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altoona, AL is a 2 Beds unit found at Fox Run in the St Clair County neighborhood priced from $525. Magnolia Terrace Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $695. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run2 Beds, 1 bath2BR,1BA$525
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$695
Summer Waters Apartments1 Bedroom 1 Bath1BR,1BA$775
Clay LandingsRenovated 1BR, 1BA1BR,1BA$775
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Serenity Montreat Village2 Bed Townhouse2BR,1BA$825
Pine Ridge1x1PR1BR,1BA$825
Meadows of Alexandria2 Bedroom2BR,2BA$850
The PavilionOne Bedroom with Platform1BR,1BA$856
Barrington Parc Apartments2x22BR,2BA$876

Best Value Apartments for Rent in Altoona, AL and Nearby

As of July 12, 2026 the best value apartment in the Altoona 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 Altoona apartment is the 3 Bed Townhouse Model at Serenity Montreat Village starting at $850 with a $0.71 price per square foot . Here is today’s list of the best values for Altoona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jubilee Townhomes4B4BR,2BA$0.91
Serenity Montreat Village3 Bed Townhouse3BR,1.5BA$0.71
Barrington Parc Apartments2x22BR,2BA$0.76
Magnolia Terrace Apartments3 Beds / 2 Baths3BR,2BA$0.70
Highland Park Townhome Apartments2-Bedroom Townhome Apartments2BR,1.5BA$0.98
Musgrove Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.93
Meadows of Alexandria2 Bedroom2BR,2BA$0.91
Cascade Place Apartments1 bedroom 1 Bath1BR,1BA$1.05
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01
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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Altoona, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Altoona, AL

View Map
Altoona, AL Apartments Map
View Map
Altoona, AL Rental Homes Map

Frequently Asked Questions about Cheap Altoona Apartments

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $775 at Summer Waters Apartments.

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

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

What is the most affordable Altoona Three Bedroom Apartment?

The best deal on a cheap Altoona 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.