Cheap Apartments for Rent near Grady, AL from $500 (40 Rentals)

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

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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
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  • Utilities Included

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.

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Brentwood Estates
$665 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $900
Total Monthly Price
$665 - $900
1 to 3 Bedroom Apartments Contact Us For Availability

Brentwood Estates

3639 Woodley RdMontgomery, AL 36116
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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
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Vaughn Lakes
$765 - $1,700
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Total Monthly Price

Base Rent
$765 - $1,700
Total Monthly Price
$765 - $1,700
Studio to 3 Bedroom Apartments Available Now

Vaughn Lakes

2600 Vaughn Lakes BlvdMontgomery, AL 36117
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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.

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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
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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
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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.

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Tapestry on Vaughn
$1,154 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,450
Total Monthly Price
$1,154 - $1,450
1 to 3 Bedroom Apartments Available Now

Tapestry on Vaughn

3201 Watchman DrMontgomery, AL 36116
Corporate Housing
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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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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
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Townhomes at Montgomery
1 to 3 Bedroom Apartments

Townhomes at Montgomery

4930 Park Towne WayMontgomery, AL 36116
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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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Showing Results 1-40, Page 1 of 1

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. Stonebridge Apartments in the South Montgomery City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. 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
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$585
Fox Crossings1 Bed 1 Bath1BR,1BA$605
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
Midtown Oaks1/1.001BR,1BA$675
The Eastern1 Bed / 1 Bath1BR,1BA$699
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$699
Governors Parc Apartments1 Bed/1 Bath1BR,1BA$735
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Large1BR,1BA$763

Best Value Apartments for Rent in Grady, AL and Nearby

As of July 22, 2026 the best value apartment in the Grady area is the $0.84 price per square foot 2 bedroom, 1.5 bath Model at Price Street Townhomes in the in the South Montgomery City neighborhood starting from $1,175. The second greatest value Grady apartment is the 2 Bedroom Two Bathroom-60% Model at South Mall Apartments starting at $800 with a $0.69 price per square foot in the South Montgomery City 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.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
South Mall Apartments2 Bedroom Two Bathroom-60%2BR,2BA$0.69
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
Corner StoneTwo Bedroom Townhome2BR,1.5BA$0.98
The Grand at Magnolia PointeB2 - PR2BR,2BA$0.94
Fox Crossings1 Bed 1 Bath1BR,1BA$0.71
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Midtown Oaks1/1.001BR,1BA$0.90
Stonebridge 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!

Explore Grady, AL Rentals by Map

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Frequently Asked Questions about Cheap Grady Apartments

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

The lowest price for a Cheap One Bedroom Grady Apartment is $585 at Stonebridge 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 $680 at Stonebridge Apartments.

What is the most affordable Grady Three Bedroom Apartment?

The best deal on a cheap Grady Three Bedroom Apartment rental is at Beaumont Reserve at Eastern and starts from $885.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.