Cheap Apartments for Rent in Frankville, AL from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Frankville.

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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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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Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460
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Forest Manor
1 to 2 Bedroom Apartments

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
  • 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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Frankville, AL Local Guide

Cheapest Available Frankville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankville, AL is a 1 Bed unit found at Pebble Creek Apartments priced from $529. Rock Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $535. Here is today’s list of the most affordable Frankville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pebble Creek Apartments1 Bed/1 Bath1BR,1BA$529
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$535
Normandy Manor Apartments1 Bed 1 Bath1BR,1BA$600
Camellia Place2 Bed/1 Bath2BR,1BA$645
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$649
Shadowood Park1 Bed/1 Bath1BR,1BA$680
Westhill Apartments1BR/1BA1BR,1BA$700
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$749
Hillcrest Estates2 Bed/ 2 Bath2BR,2BA$749
Heritage Place Apartments1BR/1BA1BR,2BA$775

Best Value Apartments for Rent in Frankville, AL and Nearby

As of May 24, 2026 the best value apartment in the Frankville area is the $0.90 price per square foot 3 Bed 2 Bath Model at Shadowood Park in the in the Downtown Laurel neighborhood starting from $1,150. The second greatest value Frankville apartment is the 2 Bed/2 Bath Model at Cottonwood Estates starting at $799 with a $0.75 price per square foot . Here is today’s list of the best values for Frankville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shadowood Park3 Bed 2 Bath3BR,2BA$0.90
Cottonwood Estates2 Bed/2 Bath2BR,2BA$0.75
Hillcrest Estates3 Bed/ 2 Bath3BR,2BA$0.86
Landmark Apartment Homes2 BED 2 BATH2BR,2BA$0.81
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$0.54
Arbours at SatsumaOne Bedroom1BR,1BA$0.88
Pebble Creek Apartments2 Bed/1 Bath2BR,1BA$0.72
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$0.83
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$0.86
Normandy Manor Apartments1 Bed 1 Bath1BR,1BA$0.85

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Frankville Apartments

How much is rent for a Cheap One Bedroom Frankville Apartment?

The lowest price for a Cheap One Bedroom Frankville Apartment is $529 at Pebble Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Frankville is starting from $535 at Rock Pointe Apartments.

What is the most affordable Frankville Three Bedroom Apartment?

The best deal on a cheap Frankville Three Bedroom Apartment rental is at Rock Pointe Apartments and starts from $595.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.