
Cheap Homes for Rent in Fort Payne, AL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Fort Payne.


48 Trinity Rd

105 Asbury Dr

100 Asbury Dr

947 Old Summerville Rd NW

14 Westridge Cir SW
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.

411 Leafmore Rd SW

7 Raymond Ave

8 Westridge Cir SW

8 Kay Dr

27 Conn St SW

108 Benton Dr NW
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.
Fort Payne, AL Local Guide

How much does it cost to rent a home in Fort Payne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Payne 2 Bedroom Homes for Rent | $1,095 | $900 | $1,500 |
| Fort Payne 3 Bedroom Homes for Rent | $1,614 | $995 | $3,000 |
| Fort Payne 4 Bedroom Homes for Rent | $2,450 | $1,875 | $3,000 |
| Fort Payne 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
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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 Emerald Court priced from $525. Englewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Fort Payne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerald Court | One Bedroom | 1BR,1BA | $525 |
| Englewood Apartments | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Lakeshore Apartments | Cozy Studio Apartment - SPECIAL LIMITED TIME LO... | Studio,1BA | $830 |
| Willow Creek Apartment Homes | North Second Floor | 1BR,1BA | $845 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $849 |
Best Value Apartments for Rent in Fort Payne, AL and Nearby
As of January 10, 2026 the best value apartment in the Fort Payne area is the $0.86 price per square foot Copeland Model at Angela's Ridge of New Hope in the starting from $1,745. The second greatest value Fort Payne apartment is the Ridgeland Model at Valley Ridge starting at $1,751 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Angela's Ridge of New Hope | Copeland | 4BR,2BA | $0.86 |
| Valley Ridge | Ridgeland | 3BR,2.5BA | $1.00 |
| River Chase | 3bed 2 bath | 3BR,2BA | $0.90 |
| The Reserve at Christopher St. | 2 Bed/2 Bath | 2BR,2BA | $1.06 |
| Sutton Bridge | 2x2TH | 2BR,2BA | $1.05 |
| Englewood Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.87 |
| Cedar Chase Apartments | 2BD 1 Bath | 2BR,1BA | $1.05 |
| Summer Waters Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.06 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.07 |
| Emerald Court | One Bedroom | 1BR,1BA | $0.69 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick Rent Budget Calculator
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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.
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!
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Frequently Asked Questions about Fort Payne
What type of rentals are currently available in Fort Payne?
There are currently 60 Apartments for Rent in Fort Payne, AL with pricing that ranges from $450 to $4,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Payne ranging from $725 to $3,000.
What is the current price range for Rental Homes in Fort Payne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Payne ranges from $725 to $3,000 with an average monthly rent of $1,636.
How much are larger Three and Four Bedroom Rentals in Fort Payne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fort Payne range from $885 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $1,745.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!