Cheap Apartments for Rent in Fayette, AL from $400 (46 Rentals)

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

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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1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701

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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Winwood Manor
1 to 2 Bedroom Apartments

Winwood Manor

1135 County Highway 14Winfield, AL 35594
Senior Living
  • Utilities Included
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Westfork Apartments
1 to 3 Bedroom Apartments

Westfork Apartments

1406 8th St NWJasper, AL 35503
  • Utilities Included

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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Fayette, AL Local Guide

Cheapest Available Fayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayette, AL is a 1 Bed unit found at PINEY GROVE SENIOR APARTMENTS priced from $430. Military Square Apartments in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
PINEY GROVE SENIOR APARTMENTS1 Bedroom1BR,1BA$430
Military Square Apartments1 Bed, 1 bath1BR,1BA$550
Cobblestone CourtHardwood LVT Flooring UnitStudio,1BA$630
Rivergate Apartments - Columbus, MSStudio Newly RenovatedStudio,1BA$675
Fox Run - Columbus2 x 12BR,1BA$755
419 10th St S2 Beds, 1 bath2BR,1BA$795
Richland Hills2 Beds, 1 bath2BR,1BA$825
Riverfront VillageCrimson - Premium3BR,3BA$870
NorthbrookStudio - 1BathStudio,1BA$882
Crestmont Manor1 Bed 1 Bath1BR,1BA$915

Best Value Apartments for Rent in Fayette, AL and Nearby

As of June 07, 2026 the best value apartment in the Fayette area is the $0.51 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $925. The second greatest value Fayette apartment is the 4x2 Model at Columbus Heights starting at $1,150 with a $0.74 price per square foot . Here is today’s list of the best values for Fayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Columbus Heights4x24BR,2BA$0.74
The OverlookA3BR,3BA$0.81
Chateaux Holly Hills Apartments - Columbus, AL2x1.5 Townhome W/D Connections Newly Renovated2BR,1.5BA$0.73
The Bluffs ApartmentsTwo Bedroom2BR,1.5BA$1.01
Riverfront VillageTide - Premium2BR,2BA$1.02
Fox Run - Columbus2 x 12BR,1BA$0.84
419 10th St S2 Beds, 1 bath2BR,1BA$1.01
Rivergate Apartments - Columbus, MSStudio Newly RenovatedStudio ,1BA$1.23
PINEY GROVE SENIOR APARTMENTS1 Bedroom1BR,1BA$0.86

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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Fayette, AL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Fayette Apartments

What is the Cheapest Studio apartment in Fayette?

Currently the most affordable Cheap Studio Apartment in Fayette is at Cobblestone Court listed at $630.

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

The lowest price for a Cheap One Bedroom Fayette Apartment is $430 at PINEY GROVE SENIOR APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fayette is starting from $670 at Military Square Apartments.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at Military Square Apartments and starts from $750.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.