
Cheap Apartments for Rent in Fairhope, AL from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairhope.


St.James Place apartments

Baldwin Retirement Center - No Availability!

Summerdale Apartments - NO AVAILABILITY

Loxley Apartments I & II

Briarwood Estates

Lake Forest
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.

Arbors by the Bay Apartments

The Gables on Holley

East Bay Apartments

Solis at Spanish Fort

Bay Breeze Apartment Homes

Windscape at Daphne

Loxley Station
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.
Fairhope, AL Local Guide

How much does it cost to rent an apartment in Fairhope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Fairhope Studio Apartments | $1,040 | $1,000 | $1,081 |
| Cheap Fairhope 1 Bedroom Apartments | $1,325 | $550 | $1,900 |
| Cheap Fairhope 2 Bedroom Apartments | $1,522 | $585 | $3,500 |
| Cheap Fairhope 3 Bedroom Apartments | $1,803 | $1,045 | $2,350 |
| Cheap Fairhope 4 Bedroom Apartments | $2,335 | $2,195 | $2,400 |
Browse Top Apartments in Fairhope
See all Apartments in FairhopeExplore Fairhope
Fairhope, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 $865. Arbors by the Bay Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here is today’s list of the most affordable Fairhope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Forest | 1x1 | 1BR,1BA | $865 |
| Arbors by the Bay Apartments | Bayfront | 1BR,1BA | $886 |
| Shellbrooke Pointe Apartments | Two Bedroom | 2BR,2BA | $1,059 |
| Grande Pointe | The Blakely | 1BR,1BA | $1,103 |
| East Bay Apartments | Big Pier | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Fairhope, AL
As of March 13, 2026 the best value apartment in the Fairhope area is the $1.17 price per square foot 3BR Phase II Model at Old Battles Place in the starting from $2,350. The second greatest value Fairhope apartment is the 4-3 Model at Cottages at Parkstone starting at $2,400 with a $1.21 price per square foot . Here is today’s list of the best values for Fairhope apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Old Battles Place | 3BR Phase II | 3BR,2.5BA | $1.17 |
| Cottages at Parkstone | 4-3 | 4BR,3BA | $1.21 |
| Palladian at Daphne Apartment Homes | 2 Bedroom | 2BR,2BA | $1.14 |
| The Atrium | B1 | 2BR,2BA | $1.07 |
| PALLADIAN AT FAIRHOPE | C | 3BR,2BA | $1.18 |
| Belforest Villas | The Jubilee 2 | 3BR,2BA | $1.21 |
| Bay Breeze Apartment Homes | Bimini | 2BR,2BA | $1.15 |
| Colonnade at Eastern Shore | Two Bedroom | 2BR,2BA | $1.20 |
| Shellbrooke Pointe Apartments | Two Bedroom | 2BR,2BA | $0.99 |
| Arbors by the Bay Apartments | Bayfront | 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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Fairhope, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairhope, AL Rentals by Map
See the most popular apartments and homes in Fairhope, AL
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 $865 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 $975 at Lake Forest.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.