Cheap Apartments for Rent in Fairhope, AL from $500 (46 Rentals)

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

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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Wynwood Apartments
1 to 3 Bedroom Apartments

Wynwood Apartments

199 Spring Run DrFairhope, AL 36532

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 25806 Pollard Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

25806 Pollard Rd

DaphneAL36526
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Loxley Station
3 Bedroom Apartments

Loxley Station

63 Ribbon Rail CtLoxley, AL 36551

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Fairhope, AL Local Guide

Cheapest Available Fairhope Apartments for Rent

 

The cheapest available apartment rental in Fairhope, AL is a 1 Bed unit found at Lake Forest priced from $930. Arbors by the Bay Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,055. Here is today’s list of the most affordable Fairhope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Forest1X1lfa1BR,1BA$930
Arbors by the Bay ApartmentsJubilee2BR,2BA$1,055
Grande PointeThe Mobile1BR,1BA$1,068
The Retreat at Fairhope VillageA21BR,1BA$1,245
The Park at Whispering PinesBlakeley2BR,2BA$1,248
Bay Breeze Apartment HomesBerumuda1BR,1BA$1,260
Baldwin Farms ApartmentsThe Hampton1BR,1BA$1,294
East Bay ApartmentsEast Bay2BR,2BA$1,299
10X Audubon ParkRiver Birch2BR,2BA$1,335
Spanish Fort Town CenterThe Gaines1BR,1BA$1,375

Best Value Apartments for Rent in Fairhope, AL

As of April 28, 2026 the best value apartment in the Fairhope area is the $1.37 price per square foot 3-2 Model at Cottages at Parkstone in the starting from $2,250. The second greatest value Fairhope apartment is the B2 Model at Palladian at Fairhope starting at $1,799 with a $1.10 price per square foot . Here is today’s list of the best values for Fairhope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottages at Parkstone3-23BR,2BA$1.37
Palladian at FairhopeB22BR,2BA$1.10
Palladian at Daphne Apartment Homes2 Bedroom2BR,2BA$1.10
The AtriumB12BR,2BA$1.12
Colonnade at Eastern ShoreThree Bedroom3BR,2BA$1.20
Arbors by the Bay ApartmentsJubilee2BR,2BA$0.91
10X Audubon ParkRiver Birch2BR,2BA$1.24
Solis at Spanish Fort2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.35
East Bay ApartmentsEast Bay2BR,2BA$1.30
The Park at Whispering PinesBelrose1BR,1BA$1.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Fairhope, AL

School data provided by Great Schools

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

Explore Fairhope, AL Rentals by Map

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See the most popular apartments and homes in Fairhope, AL

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Frequently Asked Questions about Cheap Fairhope Apartments

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

The lowest price for a Cheap One Bedroom Fairhope Apartment is $930 at Lake Forest.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fairhope is starting from $1,055 at Arbors by the Bay Apartments.

What is the most affordable Fairhope Three Bedroom Apartment?

The best deal on a cheap Fairhope Three Bedroom Apartment rental is at Lake Forest and starts from $1,075.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.