
Cheap Homes for Rent near Fort Payne, AL from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Fort Payne.


1 Davis St

202 S Flora St
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.

409 Daugherty St

525 Co Rd 47

1113 New Rosedale Rd 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 a home in Fort Payne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Payne 2 Bedroom Homes for Rent | $1,188 | $800 | $1,675 |
| Fort Payne 3 Bedroom Homes for Rent | $5,722 | $1,200 | $10,000+ |
| Fort Payne 4 Bedroom Homes for Rent | $2,198 | $1,525 | $2,595 |
| Fort Payne 5 Bedroom Homes for Rent | $2,983 | $2,250 | $4,200 |
Browse Top Homes for Rent 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. Summer Waters Apartments in the Etowah County neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Englewood Apartments | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Summer Waters Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $775 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Fort Payne, AL and Nearby
As of July 14, 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 Bedroom, 2 Bathroom Model at The Peaks at Callier Springs starting at $1,300 with a $1.15 price per square foot in the Atlanta Junction 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 | $0.78 |
| The Peaks at Callier Springs | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.15 |
| 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 |
| Bridgeport Apartments | 2BR/1.0BA | 2BR,1BA | $0.94 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.01 |
| Spring Lake Lodge | 2x1 R | 2BR,1BA | $1.12 |
| Summer Waters Apartments | 1 Bedroom 1 Bath | 1BR,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.
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!
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Frequently Asked Questions about Fort Payne
What type of rentals are currently available in Fort Payne?
There are currently 59 Apartments for Rent in Fort Payne, AL with pricing that ranges from $535 to $4,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Payne ranging from $450 to $85,999.
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 $450 to $85,999 with an average monthly rent of $2,638.
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 $865 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $85,999. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $2,033.
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

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.

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.

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.

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.