Cheap Apartments for Rent in Malcolm, AL from $400 (32 Rentals)

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

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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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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Azalea Landing
2 Bedroom Apartments

Azalea Landing

1961 Schillinger Road NorthSemmes, AL 36575
Senior Living
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Live Oak Trace
2 Bedroom Apartments

Live Oak Trace

6275 Overlook RdMobile, AL 36618
Senior Living

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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Oak Garden Apartments
1 to 2 Bedroom Apartments

Oak Garden Apartments

400 Garden LnChickasaw, AL 36611
Corporate Housing
  • Utilities Included

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.

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Showing Results 1-32, Page 1 of 1

Malcolm, AL Local Guide

Cheapest Available Malcolm Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malcolm, AL is a 1 Bed unit found at Arbours at Satsuma in the North Industrial Area neighborhood priced from $760. Brookley Pointe in the Owens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Malcolm apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbours at SatsumaOne Bedroom1BR,1BA$760
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$799
8 S Reed AveStudio1BR,1BA$800
Old Shell CommonsMidtown1BR,1BA$810
Spartan Crossing1 Bedroom1BR,1BA$835
The GatewayStudioStudio,1BA$850
Forest Hill Apartments2X2_12BR,2BA$870
Stonewall ApartmentsPartial Reno2BR,1BA$900
CarondoletIris Classic1BR,1BA$925
Arbours at Pierce CreekTWO2BR,2BA$925

Best Value Apartments for Rent in Malcolm, AL and Nearby

As of October 31, 2025 the best value apartment in the Malcolm area is the $0.93 price per square foot The Lafayette Model at Village at Midtown in the in the Owens neighborhood starting from $1,337. The second greatest value Malcolm apartment is the 2x1.5 Model at Conti Bienville Apartments starting at $1,500 with a $1.15 price per square foot in the Owens neighborhood. Here is today’s list of the best values for Malcolm apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village at MidtownThe Lafayette3BR,2BA$0.93
Conti Bienville Apartments2x1.52BR,1.5BA$1.15
Midtown Oaks Townhomes2 BEDROOMS 1 BATHROOM2BR,1BA$0.99
Arbours at Pierce CreekTWO2BR,2BA$0.80
Forest Hill Apartments2X2_12BR,2BA$0.82
Stonewall ApartmentsFurnished - Full Reno2BR,1BA$1.26
Arbours at SatsumaOne Bedroom1BR,1BA$0.81
The Flats at Midtown3 Bedroom3BR,1BA$1.33
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$1.07
CarondoletIris Classic1BR,1BA$1.32

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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

Explore Malcolm, AL Rentals by Map

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Getting Around Malcolm, AL

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Malcolm Apartments

What is the Cheapest Studio apartment in Malcolm?

Currently the most affordable Cheap Studio Apartment in Malcolm is at 8 S Reed Ave listed at $800.

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

The lowest price for a Cheap One Bedroom Malcolm Apartment is $760 at Arbours at Satsuma.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malcolm is starting from $870 at Forest Hill Apartments.

What is the most affordable Malcolm Three Bedroom Apartment?

The best deal on a cheap Malcolm Three Bedroom Apartment rental is at Forest Hill Apartments and starts from $1,010.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.