Cheap Apartments for Rent in Fort Payne, AL from $500 (39 Rentals)

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Haynes Apartments
2 Bedroom Apartments

Haynes Apartments

183 County Road 677Fort Payne, AL 35968
Military
  • Utilities Included
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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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Sparrow Point
1 to 2 Bedroom Apartments

Sparrow Point

1301 Martha Berry Blvd NWRome, GA 30165
Senior Living
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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

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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Showing Results 1-39, Page 1 of 1

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 $699. Chateau Apartments in the Etowah County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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$699
Chateau Apartments1 Bed/1 Bath1BR,1BA$799
Spring Lake Lodge1x1 A R1BR,1BA$799
Pine Ridge1x1PR1BR,1BA$799
Bridgeport Apartments2BR/1.0BA2BR,1BA$800
Willow Creek Apartment HomesSouth1BR,1BA$850
Orleans Apartments1 Bed/1 Bath1BR,1BA$899
Summer Waters Apartments2 Bedroom 2 Bath2BR,2BA$900
Willow Way Apartments1 Bedroom, 1 story1BR,1BA$900
River Chase3bed 2 bath3BR,2BA$949

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

As of July 24, 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 3/2 Model at Sutton Bridge starting at $1,240 with a $1.08 price per square foot in the Etowah County 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
Sutton Bridge3/23BR,2BA$1.08
Gateway at Rossville2bd2ba2BR,2BA$0.98
The Reserve at Christopher St.2 Bed/2 Bath2BR,2BA$1.06
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.87
Cedar Chase Apartments2BD 1 Bath2BR,1BA$1.05
Riverwalk2/1 R2BR,1BA$1.11
Summer Waters Apartments2 Bedroom 2 Bath2BR,2BA$1.06
Bridgeport Apartments2BR/1.0BA2BR,1BA$0.94
Chateau Apartments1 Bed/1 Bath1BR,1BA$1.01

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:
Location, Location, Location!

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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 $699 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 $800 at Bridgeport 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 River Chase and starts from $949.

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.

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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.