Cheap Apartments for Rent in Fayette, AL from $400 (44 Rentals)

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

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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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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1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701
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Winwood Manor
1 to 2 Bedroom Apartments

Winwood Manor

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

Westfork Apartments

1406 8th St NWJasper, AL 35503
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419 10th St S
2 Bedroom Apartments

419 10th St S

419 10th St SColumbus, MS 39701

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 1-44, Page 1 of 1

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 in the Walker County neighborhood 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
Owls Den Apartments2 Bed 1 Bath2BR,1BA$750
Richland Hills2 Beds, 1 bath2BR,1BA$825
Rivergate Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$825
Woodland Villas ApartmentsTwo Bedroom2BR,1BA$864
The Bluffs ApartmentsTwo Bedroom2BR,1BA$864
NorthbrookStudio - 1BathStudio,1BA$882
Crestmont Manor1 Bed 1 Bath1BR,1BA$885
Riverfront VillageChimes - Premium3BR,3BA$940

Best Value Apartments for Rent in Fayette, AL and Nearby

As of July 23, 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
Rivermont Apartment Homes3bed - 2bath3BR,2BA$1.17
High RiverB2A2BR,2BA$1.15
The Bluffs ApartmentsTwo Bedroom2BR,1.5BA$0.90
Rivergate Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$0.87
Riverfront VillageTide - Premium2BR,2BA$1.10
Owls Den Apartments2 Bed 1 Bath2BR,1BA$0.98
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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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

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

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Frequently Asked Questions about Cheap Fayette Apartments

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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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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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.