Cheap Apartments for Rent in Grady, AL from $400 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Wooddale Apartments
$625 - $740
Total Monthly Price

Total Monthly Price

Base Rent
$625 - $740

Total Monthly Price
$625 - $740
1 Bedroom Apartments Contact Us For Availability

Wooddale Apartments

600 Folmar StTroy, AL 36081
Student Housing
  • Verified
  • Customer Reviewed
  • 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.

close
View Me
Brentwood Estates
$665 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $900

Total Monthly Price
$665 - $900
1 to 3 Bedroom Apartments Available Now

Brentwood Estates

3639 Woodley RdMontgomery, AL 36116
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Eastern
$699 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,099

Total Monthly Price
$699 - $1,099
1 to 3 Bedroom Apartments Available Now

The Eastern

4220 Strathmore DrMontgomery, AL 36116
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Vaughn Lakes
$775 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $1,700

Total Monthly Price
$775 - $1,700
Studio to 3 Bedroom Apartments Available Now

Vaughn Lakes

2600 Vaughn Lakes BlvdMontgomery, AL 36117
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Greenbriar Apartments
$795 - $895
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $895

Total Monthly Price
$795 - $895
1 to 2 Bedroom Apartments Contact Us For Availability

Greenbriar Apartments

4604 Virginia Loop RdMontgomery, AL 36116
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Magnolia Apartments
Rent Specials
$825 - $965
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $965

Total Monthly Price
$825 - $965
1 to 2 Bedroom Apartments Available Now

Magnolia Apartments

4000 Governors DrMontgomery, AL 36111
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Tapestry on Vaughn
$1,046 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,046 - $1,644

Total Monthly Price
$1,046 - $1,644
1 to 3 Bedroom Apartments Available Now

Tapestry on Vaughn

3201 Watchman DrMontgomery, AL 36116
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Halcyon Park
$1,225 - $1,537
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,537

Total Monthly Price
$1,225 - $1,537
1 to 3 Bedroom Apartments Available Now

Halcyon Park

7880 Taylor Park RdMontgomery, AL 36117
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living
close
View Me
Townhomes at Montgomery
1 to 3 Bedroom Apartments

Townhomes at Montgomery

4930 Park Towne WayMontgomery, AL 36116
  • 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.

close
View Me
Elevate 5050
1 to 3 Bedroom Apartments

Elevate 5050

5050 Bell RdMontgomery, AL 36116
close
View Me
Sturbridge Commons
1 to 3 Bedroom Apartments

Sturbridge Commons

8700 Seaton BlvdMontgomery, AL 36116

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Grady, AL Local Guide

Cheapest Available Grady Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grady, AL is a 4 Beds unit found at University Corners priced from $535. The Arch Troy has the second lowest priced unit, which is a 3 Beds apartment currently listed from $568. Here is today’s list of the most affordable Grady apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$535
The Arch Troy3BR/3BA3BR,3BA$568
Ravenwood ApartmentsRavenwood EfficiencyStudio,1BA$596
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Midtown Oaks1/1.001BR,1BA$675
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$699
The Eastern1 Bed / 1 Bath1BR,1BA$699
Governors Parc Apartments1 Bedroom1BR,1BA$735

Best Value Apartments for Rent in Grady, AL and Nearby

As of June 06, 2026 the best value apartment in the Grady area is the $0.53 price per square foot Franklin Model at Ivy Row Troy in the starting from $825. The second greatest value Grady apartment is the The Shakespeare Model at Elevate 5050 starting at $1,171 with a $0.93 price per square foot in the Halcyon Park neighborhood. Here is today’s list of the best values for Grady apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Row TroyFranklin3BR,3.5BA$0.53
Elevate 5050The Shakespeare2BR,1BA$0.93
Forest AcresHamilton3BR,2BA$0.90
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
The Arch Troy2BR/2BA - Upgrade2BR,2BA$0.77
Liberty Square1 Bed1BR,1BA$1.00
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Midtown Oaks1/1.001BR,1BA$0.90

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Grady, AL Rentals by Map

View Map
Grady, AL Apartments Map
View Map
Grady, AL Rental Homes Map

Frequently Asked Questions about Cheap Grady Apartments

What is the Cheapest Studio apartment in Grady?

Currently the most affordable Cheap Studio Apartment in Grady is at Ravenwood Apartments listed at $596.

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

The lowest price for a Cheap One Bedroom Grady Apartment is $625 at Wooddale Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Grady is starting from $698 at Beaumont Reserve at Eastern.

What is the most affordable Grady Three Bedroom Apartment?

The best deal on a cheap Grady Three Bedroom Apartment rental is at The Arch Troy and starts from $568.

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 Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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

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.