
Cheap Homes for Rent in Fayette, AL from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Fayette.


500 22nd St E
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.

280 Medical Dr

209 Wright St W
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.

100 14th Ave NE
Fayette, AL Local Guide

How much does it cost to rent a home in Fayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fayette 2 Bedroom Homes for Rent | $960 | $650 | $1,300 |
| Fayette 3 Bedroom Homes for Rent | $1,939 | $999 | $2,900 |
| Fayette 4 Bedroom Homes for Rent | $2,331 | $1,800 | $3,150 |
| Fayette 5 Bedroom Homes for Rent | $2,288 | $1,850 | $3,500 |
Browse Top Homes for Rent in Fayette
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Fayette, AL Local Guide
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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. Cobblestone Court in the University of Alabama neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here is today’s list of the most affordable Fayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| PINEY GROVE SENIOR APARTMENTS | 1 Bedroom | 1BR,1BA | $430 |
| Cobblestone Court | Hardwood LVT Flooring Unit | Studio,1BA | $630 |
| Fox Run - Columbus | 1 x 1 | 1BR,1BA | $735 |
Best Value Apartments for Rent in Fayette, AL and Nearby
As of May 09, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Metalworks Condos | Metalworks Condo | 3BR,4BA | $0.51 |
| The Overlook | A | 3BR,3BA | $0.81 |
| Chateaux Holly Hills Apartments - Columbus, AL | 2x1.5 Townhome W/D Connections Newly Renovated | 2BR,1.5BA | $0.73 |
| The Bluffs Apartments | Two Bedroom | 2BR,1.5BA | $1.01 |
| Fox Run - Columbus | 2 x 1 | 2BR,1BA | $0.84 |
| Embassy Court Apartments - Columbus, MS | 2 x 1 Flat Newly Renovated | 2BR,1BA | $0.92 |
| Rivermont Apartment Homes | 1 bed - 1bath | 1BR,1BA | $1.37 |
| Woodland Villas Apartments | Two Bedroom | 2BR,1BA | $1.43 |
| Crestmont Manor | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
| PINEY GROVE SENIOR APARTMENTS | 1 Bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Fayette, AL
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Frequently Asked Questions about Fayette
What type of rentals are currently available in Fayette?
There are currently 50 Apartments for Rent in Fayette, AL with pricing that ranges from $430 to $5,180. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette ranging from $650 to $3,500.
What is the current price range for Rental Homes in Fayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayette ranges from $650 to $3,500 with an average monthly rent of $1,653.
How much are larger Three and Four Bedroom Rentals in Fayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayette range from $870 to $5,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,100.
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

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.

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.

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.

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.