
Cheap Apartments for Rent in Fort Payne, AL from $535 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Fort Payne.


Maplewood Apartments II

Mountain Lakes

Englewood Apartments

Riverbend Apartments

Emerald Court

Summer Waters Apartments

Pine Ridge
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.

Spring Lake Lodge

Chateau Apartments

Ridgewood Apartments

Hilltop Lofts II

The Flats at Lakeshore

Willow Creek Apartment Homes

Bridgeport Apartments

Gateway at Rossville
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.

Orleans Apartments

Willow Way Apartments

Lakeshore Apartments

Riverwalk

Sutton Bridge

Cedar Chase Apartments

River Chase

The Reserve at Christopher St.
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.

Meadow Oaks

Arbor Terrace

The Peaks at Callier Springs

Redmond Chase

3214 Scottsboro Hwy

Sparrow Point

Ashbrook Apartments

Hilltop Lofts
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.

Twin Oaks

132 Edgewood St

202 S Flora St

23 Rock Creek Rd

38 Hill Rd

1911 GA-301

316 Chestnut St

1 Oakcrest Trail NE
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.
Fort Payne, AL Local Guide

How much does it cost to rent an apartment in Fort Payne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Payne Studio Apartments | $1,384 | $835 | $1,575 |
| Fort Payne 1 Bedroom Apartments | $1,057 | $535 | $1,550 |
| Fort Payne 2 Bedroom Apartments | $1,214 | $555 | $2,050 |
| Fort Payne 3 Bedroom Apartments | $1,544 | $885 | $4,000 |
| Fort Payne 4 Bedroom Apartments | $2,379 | $2,251 | $2,600 |
Browse Top Apartments in Fort Payne
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Fort Payne, AL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Englewood Apartments | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $799 |
| Willow Creek Apartment Homes | South | 1BR,1BA | $850 |
| Bridgeport Apartments | 2/1 | 2BR,1BA | $875 |
| Orleans Apartments | 1 Bed/1 Bath | 1BR,1BA | $899 |
| Summer Waters Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $900 |
| Willow Way Apartments | 1 Bedroom, 1 story | 1BR,1BA | $900 |
| Lakeshore Apartments | Cozy Studio Apartment | 1BR,1BA | $930 |
| Riverwalk | 2/1 R | 2BR,1BA | $985 |
| Sutton Bridge | 2x2TH | 2BR,2BA | $999 |
Best Value Apartments for Rent in Fort Payne, AL and Nearby
As of September 07, 2026 the best value apartment in the Fort Payne area is the $0.82 price per square foot 3bed 2 bath Model at River Chase in the starting from $999. The second greatest value Fort Payne apartment is the 3x2 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Chase | 3bed 2 bath | 3BR,2BA | $0.82 |
| Sutton Bridge | 3x2 | 3BR,2BA | $1.08 |
| Gateway at Rossville | 2bd2ba | 2BR,2BA | $0.98 |
| The Reserve at Christopher St. | 2 Bed/2 Bath | 2BR,2BA | $1.06 |
| Englewood Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.87 |
| Cedar Chase Apartments | 2BD 1 Bath | 2BR,1BA | $1.05 |
| Riverwalk | 2/1 R | 2BR,1BA | $1.11 |
| Summer Waters Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.06 |
| Bridgeport Apartments | 2/1 | 2BR,1BA | $1.03 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Fort Payne, AL
Wills Valley Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fort Payne, AL Rentals by Map
See the most popular apartments and homes in Fort Payne, AL
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 $845 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 $975.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.