
Cheap Homes for Rent near Elba, AL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Elba.


717 Richardson St

407 W Adams St

731 Richardson St

715 Richardson St

122 Plaza Dr
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.

228 Edith Way

901 E Grubbs St

107 Metcalf St

424 Ainsley St

502 Fitzsimmons St

111 Oakridge Cir
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.
Elba, AL Local Guide

How much does it cost to rent a home in Elba?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elba 2 Bedroom Homes for Rent | $1,015 | $725 | $1,500 |
| Elba 3 Bedroom Homes for Rent | $1,595 | $1,100 | $3,500 |
| Elba 4 Bedroom Homes for Rent | $2,303 | $1,925 | $2,700 |
| Elba 6 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
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Elba, AL Local Guide
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Cheapest Available Elba Apartments for Rent and Nearby
 The cheapest available apartment rental in Elba, AL is a 4 Beds unit found at University Corners priced from $535. Wooddale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Elba apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Corners | 4 Bedroom 2 Bath Renovated | 4BR,2BA | $535 |
| Wooddale Apartments | Wooddale, Oakdale, Shady Oaks | 1BR,1BA | $625 |
| Camellia Commons | one bed | 1BR,1BA | $642 |
| Forest Haven Apartments | one bedroom | 1BR,1BA | $650 |
| Ivy Village | 1 Bed, 1 bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Elba, AL and Nearby
As of July 22, 2026 the best value apartment in the Elba area is the $0.88 price per square foot 3br/2ba Model at Highlands Trail Apartments in the starting from $1,295. The second greatest value Elba apartment is the 2 x 1 Model at The Tarragon Apartments starting at $1,059 with a $0.90 price per square foot . Here is today’s list of the best values for Elba apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highlands Trail Apartments | 3br/2ba | 3BR,2BA | $0.88 |
| The Tarragon Apartments | 2 x 1 | 2BR,1BA | $0.90 |
| Summer Court Townhomes | 2BR/1.5BA | 2BR,1.5BA | $0.91 |
| University Corners | 4 Bedroom 2 Bath Renovated | 4BR,2BA | $0.49 |
| Oates Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.89 |
| The Grand at Magnolia Pointe | B2 - PR | 2BR,2BA | $0.94 |
| Eastgate Landing Apartments | 2 Beds | 2BR,1BA | $0.83 |
| Camellia Commons | one bed (suite) | 1BR,1BA | $0.88 |
| Ivy Village | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
| Forest Haven Apartments | one bedroom | 1BR,1BA | $1.00 |
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 ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Elba
What type of rentals are currently available in Elba?
There are currently 45 Apartments for Rent in Elba, AL with pricing that ranges from $335 to $1,979. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elba ranging from $725 to $3,500.
What is the current price range for Rental Homes in Elba?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elba ranges from $725 to $3,500 with an average monthly rent of $1,778.
How much are larger Three and Four Bedroom Rentals in Elba?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elba range from $755 to $1,979, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $535.
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

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.

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.

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.

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.