Cheap Apartments for Rent in Fairhope, AL from $550 (40 Rentals)

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

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Graceway in Fairhope
1 to 2 Bedroom Apartments

Graceway in Fairhope

20815 Bishop RdFairhope, AL 36532
Senior Living

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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Wynwood Apartments
1 to 3 Bedroom Apartments

Wynwood Apartments

199 Spring Run DrFairhope, AL 36532

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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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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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

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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Showing Results 1-40, 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
East Bay ApartmentsDeltaStudio,1BA$1,000
Village at Meadowview1X11BR,1BA$1,068
Grande PointeThe Mobile1BR,1BA$1,079
The Ellington2 bed 2 bath-Renovated2BR,2BA$1,200
Spanish Fort Town CenterThe Delaware1BR,1BA$1,214
Windscape at Daphne1 Bedroom 1 Bath1BR,1BA$1,225
Exchange at DaphnePlan A-11BR,1BA$1,232
Vinings at Spanish FortOne Bed One Bath with Patio-Renovated1BR,1BA$1,282

Best Value Apartments for Rent in Fairhope, AL

As of September 11, 2026 the best value apartment in the Fairhope area is the $0.95 price per square foot 3 Bedroom Model at Palladian at Daphne Apartment Homes in the in the Baldwin County neighborhood starting from $1,899. 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 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 Daphne Apartment Homes3 Bedroom3BR,2.5BA$0.95
Palladian at FairhopeB22BR,2BA$1.10
The AtriumB12BR,2BA$1.15
The Retreat at Fairhope VillageC13BR,2BA$1.08
Old Battles Place2 BR Phase I2BR,2BA$1.28
Overland TownhomesC13BR,2.5BA$1.15
The Park at Whispering PinesBelrose1BR,1BA$1.43
The Ellington2 bed 2 bath-Renovated2BR,2BA$1.33
Arbors by the Bay ApartmentsBayfront1BR,1BA$1.00
Lake Forest1X1lfa1BR,1BA$1.48

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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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

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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 $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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.