Cheap Apartments for Rent near Anderson, AL from $550 (43 Rentals)

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

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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134 E Duncan Ave
2 Bedroom Apartments

134 E Duncan Ave

134 E Duncan AveFlorence, AL 35630
Student Housing

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 1-43, Page 1 of 1

Anderson, AL Local Guide

Cheapest Available Anderson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Anderson, AL is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $625. Quail Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Anderson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Tennessee Street0BR/1.0BAStudio,1BA$625
Quail Run1 Bed, 1 bath1BR,1BA$630
Heathrow PlaceOne bedroom residence1BR,1BA$725
Ivy Green At The Shoals, LLCA11BR,1BA$725
Alpine Village Apartments1BR 1BA1BR,1BA$745
Polynessian Village1 Bed, 1 bath1BR,1BA$785
Swan Creek Apartments1 bedroom1BR,1BA$795
Tanglewood ApartmentsTwo Bedroom Residence2BR,1BA$799
Athens Square Apartments1BR/1.0BA1BR,1BA$800
Windsor Apartments1 BD 1 BA UPGRADED1BR,1BA$849

Best Value Apartments for Rent in Anderson, AL and Nearby

As of August 29, 2026 the best value apartment in the Anderson area is the $0.79 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $1,000. The second greatest value Anderson apartment is the 2BR/2.0BA Model at Starhill Apartments starting at $1,000 with a $0.83 price per square foot . Here is today’s list of the best values for Anderson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2/2 Apartment - Killen, AL2BR/2.0BA2BR,2BA$0.79
Starhill Apartments2BR/2.0BA2BR,2BA$0.83
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.88
The Henry3 Bed 2 Bath Renovated3BR,2BA$0.99
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.96
Alpine Village Apartments2Br 2BA2BR,2BA$0.98
Quail Run2 Beds, 1 bath2BR,1BA$0.95
Polynessian Village1 Bed, 1 bath1BR,1BA$1.04
Heathrow PlaceOne bedroom residence1BR,1BA$1.01
West Tennessee Street0BR/1.0BAStudio ,1BA$1.02

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 Anderson, AL Rentals by Map

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Frequently Asked Questions about Cheap Anderson Apartments

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

The lowest price for a Cheap One Bedroom Anderson Apartment is $630 at Quail Run.

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

Today's best deal for a Cheap Two Bedroom Apartment in Anderson is starting from $740 at Quail Run.

What is the most affordable Anderson Three Bedroom Apartment?

The best deal on a cheap Anderson Three Bedroom Apartment rental is at The Henry and starts from $1,145.

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.