Cheap Apartments for Rent near Clay, AL from $640 (34 Rentals)

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

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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property at 1912 Lyle Dr
$1,075
2 Bedroom Rentals
Available Now
Affordability

1912 Lyle Dr

BirminghamAL35235

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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Chalkville Landing
2 to 3 Bedroom Apartments

Chalkville Landing

121 Trafalgar SqBirmingham, AL 35215
property at 3021 Chase Ln
$800
1 Bedroom Rentals
Available Now
Affordability

3021 Chase Ln

BirminghamAL35215

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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property at 2629 Wood Dr NE
$1,150
3 Bedroom Rentals
Available Now

2629 Wood Dr NE

Center PointAL35215
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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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Showing Results 1-34, Page 1 of 1

Clay, AL Local Guide

Cheapest Available Clay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clay, AL is a 1 Bed unit found at The Pointe in the Apple Valley neighborhood priced from $700. Amberwood Apartments in the Apple Valley neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $715. Here is today’s list of the most affordable Clay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The PointeOne bedroo1BR,1BA$700
Amberwood Apartments2x12BR,1BA$715
Summer Rise ApartmentsA11BR,1BA$750
Center PointePlatinum 2BR, 1BA2BR,1BA$849
The Glenwood at Pinson1BR 1BA1BR,1BA$850
Magnolia Court1BR1BR,1BA$950
Highland Park Townhome Apartments2-Bedroom Townhome Apartments2BR,1BA$975
The Raintree Apartments2 Bedroom, 1 Bathroom2BR,1BA$1,100
Clay LandingsRenovated 2BR, 1.5BA WDC2BR,1BA$1,145

Best Value Apartments for Rent in Clay, AL and Nearby

As of September 05, 2026 the best value apartment in the Clay area is the $0.98 price per square foot 2-Bedroom Townhome Apartments Model at Highland Park Townhome Apartments in the in the Apple Valley neighborhood starting from $975. The second greatest value Clay apartment is the 2 Bedroom, 1 Bathroom Model at The Raintree Apartments starting at $1,100 with a $1.13 price per square foot in the Apple Valley neighborhood. Here is today’s list of the best values for Clay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highland Park Townhome Apartments2-Bedroom Townhome Apartments2BR,1.5BA$0.98
The Raintree Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.13
Center PointePlatinum 2BR, 2BA2BR,2BA$1.12
Clay LandingsRenovated 2BR, 1.5BA WDC2BR,1.5BA$1.19
Summer Rise ApartmentsA11BR,1BA$0.87
Amberwood Apartments2x12BR,1BA$0.88
The Glenwood at Pinson1BR 1BA1BR,1BA$1.13
The PointeOne bedroom1BR,1BA$1.04
Magnolia Court1BR1BR,1BA$1.44

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Clay, AL Rentals by Map

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Frequently Asked Questions about Cheap Clay Apartments

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

The lowest price for a Cheap One Bedroom Clay Apartment is $700 at The Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Clay is starting from $715 at Amberwood Apartments.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.