Cheap Apartments for Rent in Fort Payne, AL from $500 (38 Rentals)

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Haynes Apartments
2 Bedroom Apartments

Haynes Apartments

183 County Road 677Fort Payne, AL 35968
Military
  • Utilities Included
  • Smoke Free

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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Sparrow Point
1 to 2 Bedroom Apartments

Sparrow Point

1301 Martha Berry Blvd NWRome, GA 30165
Senior Living

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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Ashbrook Apartments
1 to 3 Bedroom Apartments

Ashbrook Apartments

67 Ashbrook LnAlbertville, AL 35951
  • Utilities Included
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Hilltop Lofts
1 Bedroom Apartments

Hilltop Lofts

21 Chateau DrRome, GA 30161
Corporate Housing
  • Utilities Included
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Twin Oaks
1 to 3 Bedroom Apartments

Twin Oaks

258 Forrest AveCalhoun, GA 30701
  • 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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property at 11 S Elm St SW

$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

11 S Elm St SW

RomeGA30165
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Fort Payne, AL Local Guide

Cheapest Available Fort Payne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fort Payne, AL is a 1 Bed unit found at Englewood Apartments priced from $629. Summer Waters Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Fort Payne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Englewood Apartments1 Bed/1 Bath1BR,1BA$629
Summer Waters Apartments1 Bedroom 1 Bath1BR,1BA$775
Spring Lake Lodge1x1 A R1BR,1BA$799
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Bridgeport Apartments2BR/1.0BA2BR,1BA$800
Pine Ridge1x1NR1BR,1BA$825
Willow Creek Apartment HomesSouth1BR,1BA$850
Orleans Apartments1 Bed/1 Bath1BR,1BA$899
Willow Way Apartments1 Bedroom, 1 story1BR,1BA$900
Lakeshore ApartmentsCozy Studio Apartment1BR,1BA$930

Best Value Apartments for Rent in Fort Payne, AL and Nearby

As of June 08, 2026 the best value apartment in the Fort Payne area is the $0.78 price per square foot 3bed 2 bath Model at River Chase in the starting from $949. The second greatest value Fort Payne apartment is the 2bd2ba Model at Gateway at Rossville starting at $1,037 with a $0.98 price per square foot in the St. Elmo neighborhood. Here is today’s list of the best values for Fort Payne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Chase3bed 2 bath3BR,2BA$0.78
Gateway at Rossville2bd2ba2BR,2BA$0.98
Sutton Bridge2x2TH2BR,2BA$1.05
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.80
Cedar Chase Apartments2BD 1 Bath2BR,1BA$1.05
Riverwalk2x12BR,1BA$1.11
Bridgeport Apartments2BR/1.0BA2BR,1BA$0.94
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01
Orleans Apartments1 Bed/1 Bath1BR,1BA$1.15
Summer Waters Apartments1 Bedroom 1 Bath1BR,1BA$1.09

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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Best Local Schools in
Fort Payne, AL

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

What is the Cheapest Studio apartment in Fort Payne?

Currently the most affordable Cheap Studio Apartment in Fort Payne is at Nova River District listed at $1,325.

How much is rent for a Cheap One Bedroom Fort Payne Apartment?

The lowest price for a Cheap One Bedroom Fort Payne Apartment is $629 at Englewood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fort Payne is starting from $775 at Englewood Apartments.

What is the most affordable Fort Payne Three Bedroom Apartment?

The best deal on a cheap Fort Payne Three Bedroom Apartment rental is at Englewood Apartments and starts from $905.

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.