Cheap Apartments for Rent in Fayette, AL from $400 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
1301 20th St N
2 Bedroom Apartments

1301 20th St N

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

Winwood Manor

1135 County Highway 14Winfield, AL 35594
Senior Living
  • Utilities Included
property at 500 22nd St E

$750 - $850

Studio To 1 Bedroom Rentals

Available Now

500 22nd St E

JasperAL35501

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.

Read Article
close
View Me
Westfork Apartments
1 to 3 Bedroom Apartments

Westfork Apartments

1406 8th St NWJasper, AL 35503
  • Utilities Included
close
View Me
419 10th St S
2 Bedroom Apartments

419 10th St S

419 10th St SColumbus, MS 39701
property at 78 Autumn Ln

$999

3 Bedroom, 2 Bath Home for Rent

Available Now

78 Autumn Ln

JasperAL35504

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-48, 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 Studio unit found at Cobblestone Court in the University of Alabama neighborhood priced from $630. Embassy Court Apartments - Columbus, MS in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cobblestone CourtHardwood LVT Flooring UnitStudio,1BA$630
Embassy Court Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$825
Richland Hills2 Beds, 1 bath2BR,1BA$825
Riverfront VillageChimes - Premium3BR,3BA$875
NorthbrookStudio - 1BathStudio,1BA$882
The Bluffs ApartmentsOne Bedroom1BR,1BA$899
Crestmont Manor1 Bed 1 Bath1BR,1BA$915
Woodland Villas ApartmentsTwo Bedroom2BR,1BA$999
Forest Trail Apartment Homes1 Bedroom 1 Bath Efficiency1BR,1BA$1,015
The Colony Apartment HomesTwo Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Fayette, AL and Nearby

As of April 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 A Model at The Overlook starting at $1,125 with a $0.81 price per square foot in the University of Alabama neighborhood. 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
The OverlookA3BR,3BA$0.81
The Colony Apartment HomesTwo Bedroom2BR,2BA$1.13
Embassy Court Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$0.92
Woodland Villas ApartmentsThree Bedroom3BR,2BA$1.26
Rivermont Apartment Homes1 bed - 1bath1BR,1BA$1.37
Forest Trail Apartment Homes1 Bedroom 1 Bath Efficiency1BR,1BA$1.45
Crestmont Manor1 Bed 1 Bath1BR,1BA$1.32
Broadstreet Village2 Bedroom 2 Bath2BR,2BA$1.34
The Bluffs ApartmentsOne Bedroom1BR,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Fayette, AL

School data provided by Great Schools

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

Explore Fayette, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Fayette, AL

View Map
Fayette, AL Apartments Map
View Map
Fayette, AL Rental Homes Map

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 $899 at The Bluffs 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 $825 at Richland Hills.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at Riverfront Village and starts from $875.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.