Cheap Apartments for Rent in Fairhope, AL from $500 (39 Rentals)

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

property at 20938 Liberty Ln

$1,525

3 Bedroom, 2 Bath Home for Rent

Available Now

20938 Liberty Ln

FairhopeAL36532
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Graceway in Fairhope
1 to 2 Bedroom Apartments

Graceway in Fairhope

20815 Bishop RdFairhope, AL 36532
Senior Living
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Wynwood Apartments
1 to 3 Bedroom Apartments

Wynwood Apartments

199 Spring Run DrFairhope, AL 36532

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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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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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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Loxley Station
3 Bedroom Apartments

Loxley Station

63 Ribbon Rail CtLoxley, AL 36551
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Spanish Fort Town Center
1 to 2 Bedroom Apartments

Spanish Fort Town Center

30000 Town Center AveSpanish Fort, AL 36527
Corporate Housing

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 1-39, 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 Arbors by the Bay Apartments in the Baldwin County neighborhood priced from $886. Lake Forest in the Baldwin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here is today’s list of the most affordable Fairhope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbors by the Bay ApartmentsBayfront1BR,1BA$886
Lake Forest1X1lfa1BR,1BA$965
Village at Meadowview1X11BR,1BA$1,068
Grande PointeThe Tensaw2BR,2BA$1,103
Briarwood Estates2 bed 2 bath-Renovated2BR,2BA$1,200
Bay Breeze Apartment HomesCozumel1BR,1BA$1,200
Exchange at DaphnePlan A-11BR,1BA$1,232
Spanish Fort Town CenterThe Delaware1BR,1BA$1,245
The Retreat at Fairhope VillageA21BR,1BA$1,280
10X Audubon ParkRiver Birch2BR,2BA$1,349

Best Value Apartments for Rent in Fairhope, AL

As of July 28, 2026 the best value apartment in the Fairhope area is the $1.10 price per square foot B2 Model at Palladian at Fairhope in the in the Baldwin County neighborhood starting from $1,799. The second greatest value Fairhope apartment is the Peony Model at The Arlington at Eastern Shore Centre Apartments starting at $1,963 with a $1.23 price per square foot in the Baldwin County neighborhood. 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.
Palladian at FairhopeB22BR,2BA$1.10
The Arlington at Eastern Shore Centre ApartmentsPeony3BR,2BA$1.23
The AtriumB12BR,2BA$1.15
Overland TownhomesC13BR,2.5BA$1.19
Vinings at Spanish FortThree Bed Two Bath with Sunroom-Renovated3BR,2BA$1.29
Baldwin Farms ApartmentsThe Wellington2BR,2BA$1.31
East Bay ApartmentsHigh Tide2BR,2BA$1.23
10X Audubon ParkRiver Birch2BR,2BA$1.26
Briarwood Estates2 bed 2 bath-Renovated2BR,2BA$1.33
Arbors by the Bay ApartmentsBayfront1BR,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.

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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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Fairhope, AL

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

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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 $886 at Arbors by the Bay Apartments.

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 $1,025 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 $1,175.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.