Cheap Apartments for Rent in Falkville, AL from $500 (45 Rentals)

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

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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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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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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TriWood Apartments
1 to 2 Bedroom Apartments

TriWood Apartments

1510 19th Ave SEDecatur, AL 35601
  • Utilities Included
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Beltline Villas Apartments
1 to 2 Bedroom Apartments

Beltline Villas Apartments

2801 Sandlin RdDecatur, AL 35603
Corporate Housing
  • Utilities Included

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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Brookline 32
2 Bedroom Apartments

Brookline 32

1206 Brookline AveDecatur, AL 35603
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Uptown at 8th Street
1 Bedroom Apartments

Uptown at 8th Street

300 8th St SWCullman, AL 35055
Corporate Housing
  • Utilities Included
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307 Second
Studio to 2 Bedroom Apartments

307 Second

307 2nd Ave SEDecatur, AL 35601
Military
  • Utilities Included

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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Falkville, AL Local Guide

Cheapest Available Falkville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Falkville, AL is a 1 Bed unit found at Blossom Wood Apartments priced from $695. Rivers Edge Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $704. Here is today’s list of the most affordable Falkville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blossom Wood Apartments1BR/1.0BA1BR,1BA$695
Rivers Edge ApartmentsTwo Bedroom2BR,2BA$704
Sandlin Villas ApartmentsSpringview One Bedroom, One Bath1BR,1BA$721
Summer Courtyard ApartmentsStandard1BR,1BA$750
Parkway Place Apartments1 Bedroom1BR,1BA$750
Granada Apartments & Townhomes1Bedroom1BR,1BA$765
Dover Glen ApartmentsOne Bedroom, One Bath1BR,1BA$774
Hermitage Apartments1x1-6751BR,1BA$799
Summer Lodge ApartmentsOne Bedroom/One Bathroom1BR,1BA$799
Axis on Beltline1 Bedroom 1 Bathroom Renovated1BR,1BA$825

Best Value Apartments for Rent in Falkville, AL and Nearby

As of June 22, 2026 the best value apartment in the Falkville area is the $1.08 price per square foot Fairmont A - Fairmont A Model at Hidden River Townhomes in the in the Triana neighborhood starting from $1,849. The second greatest value Falkville apartment is the 4-Plex & 8-Plex units Model at Gaslight Apartments starting at $1,025 with a $0.82 price per square foot . Here is today’s list of the best values for Falkville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hidden River TownhomesFairmont A - Fairmont A3BR,2.5BA$1.08
Gaslight Apartments4-Plex & 8-Plex units2BR,1.5BA$0.82
Rivers Edge ApartmentsThree Bedrooms3BR,2BA$0.67
Musgrove Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.93
Wheeler Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Greenbrier ApartmentsLower Units2BR,1BA$0.95
Courtney Square1 Bed / 1 Bath1BR,1BA$1.11
Cascade Place Apartments1 bedroom 1 Bath1BR,1BA$1.05
Limestone Creek Apartment HomesOne Bedroom End1BR,1BA$1.13
Blossom Wood Apartments1BR/1.0BA1BR,1BA$0.94

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

Explore Falkville, AL Rentals by Map

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See the most popular apartments and homes in Falkville, AL

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Frequently Asked Questions about Cheap Falkville Apartments

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

The lowest price for a Cheap One Bedroom Falkville Apartment is $695 at Blossom Wood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Falkville is starting from $704 at Rivers Edge Apartments.

What is the most affordable Falkville Three Bedroom Apartment?

The best deal on a cheap Falkville Three Bedroom Apartment rental is at Rivers Edge Apartments and starts from $814.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.