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


2720 31st Ave

4019 Laura Dr
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.

901 Hargrove Rd

1426 Edgeworth Dr E

4708 29th St

2813 19th St

520 29th St

3914 Watermelon Rd

4123 10th St

546 26th St
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.

800 Red Drew Ave
Elrod, AL Local Guide

How much does it cost to rent a home in Elrod?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elrod 2 Bedroom Homes for Rent | $1,425 | $1,200 | $1,700 |
Elrod 3 Bedroom Homes for Rent | $2,059 | $1,200 | $4,050 |
Elrod 4 Bedroom Homes for Rent | $2,966 | $1,250 | $8,000 |
Elrod 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Elrod
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Elrod, AL Local Guide
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Cheapest Available Elrod Apartments for Rent and Nearby
 The cheapest available apartment rental in Elrod, AL is a Studio unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Forest Lake Apartments in the Skyland McFarland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Elrod apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Flex Studio Apartments | 1BR/1.0BA | Studio,1BA | $495 |
Forest Lake Apartments | Small One BR | 1BR,1BA | $699 |
The Oakley | 1x1 | 1BR,1BA | $700 |
WR Tower Apartments | Studio, 1 bath | Studio,1BA | $775 |
Brookstone Apartment Homes | 1Bed - 1Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Elrod, AL and Nearby
As of September 12, 2025 the best value apartment in the Elrod area is the $0.51 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $925. The second greatest value Elrod apartment is the Two Bedroom Model at French Quarter Apartments starting at $1,325 with a $0.91 price per square foot in the Skyland McFarland neighborhood. Here is today’s list of the best values for Elrod apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Metalworks Condos | Metalworks Condo | 3BR,4BA | $0.51 |
French Quarter Apartments | Two Bedroom | 2BR,2BA | $0.91 |
The Overlook | A | 3BR,3BA | $0.81 |
Watercress | C3 | 3BR,3BA | $0.70 |
Court Woods Apartments | 2BR/2BA | 2BR,2BA | $0.85 |
Magnolia, A Prosper Community | 2x2 Flat | 2BR,2BA | $1.12 |
The Crescent | 2A | 2BR,2BA | $1.04 |
The Glens | Two Bedroom | 2BR,2BA | $1.16 |
Fountain Square Apartment Homes | 2 Bed 1Bath | 2BR,1BA | $1.13 |
The Oakley | 1x1 | 1BR,1BA | $1.13 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Elrod, AL
Frequently Asked Questions about Elrod
What type of rentals are currently available in Elrod?
There are currently 50 Apartments for Rent in Elrod, AL with pricing that ranges from $465 to $4,430. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elrod ranging from $750 to $8,000.
What is the current price range for Rental Homes in Elrod?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elrod ranges from $750 to $8,000 with an average monthly rent of $2,080.
How much are larger Three and Four Bedroom Rentals in Elrod?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elrod range from $839 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,050. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $719.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.