Cheap Apartments for Rent in Margaret, AL from $500 (49 Rentals)

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

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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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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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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Club View Apartments
1 to 2 Bedroom Apartments

Club View Apartments

8917-8920 Roebuck BlvdBirmingham, AL 35206
  • Utilities Included
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The Park at Sunderland
1 to 3 Bedroom Apartments

The Park at Sunderland

660 Valley Crest DrBirmingham, AL 35215
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Summer Rise
1 to 3 Bedroom Apartments

Summer Rise

1967 E Bend CirBirmingham, AL 35215
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-49, Page 1 of 1

Margaret, AL Local Guide

Cheapest Available Margaret Apartments for Rent and Nearby

 

The cheapest available apartment rental in Margaret, AL is a 1 Bed unit found at Springville Landing Apartments in the Spring Lake neighborhood priced from $530. Country Park in the East Pinson Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Margaret apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Springville Landing Apartments1x11BR,1BA$530
Country Park1x11BR,1BA$630
Madison Park Apartments & TownhomesA1 StudioStudio,1BA$665
Twin Gates1 Bed, 1 bath1BR,1BA$675
Candy Mountain Apartments1 Bed, 1 bath1BR,1BA$695
The PointeOne bedroom1BR,1BA$700
Spring Lake Cove Apartments2BDR -1BTH Classic2BR,1BA$715
Hillcrest Apartments2 Bed / 1 Bath2BR,1BA$725
Ascot Place ApartmentsThe Regis1BR,1BA$730
Park at Carson1x1 The Hudson 750sf1BR,1BA$735

Best Value Apartments for Rent in Margaret, AL and Nearby

As of April 24, 2026 the best value apartment in the Margaret area is the $0.97 price per square foot The Highland Model at Vue at Crestwood in the in the Woodlawn neighborhood starting from $1,399. The second greatest value Margaret apartment is the 2x2 Model at Barrington Parc Apartments starting at $876 with a $0.76 price per square foot . Here is today’s list of the best values for Margaret apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vue at CrestwoodThe Highland3BR,2BA$0.97
Barrington Parc Apartments2x22BR,2BA$0.76
Springville Landing Apartments3x1.53BR,1.5BA$0.65
Highland Park Townhome Apartments2-Bedroom Townhome Apartments2BR,1.5BA$0.98
Hunter Ridge Apartments1 Bed, 1 bath1BR,1BA$0.98
Park at Carson2x2 The Carson 858sf 2/22BR,2BA$0.99
Candy Mountain Apartments1 Bed, 1 bath1BR,1BA$0.93
Twin Gates1 Bed, 1 bath1BR,1BA$0.90
Hillcrest Apartments2 Bed / 1 Bath2BR,1BA$0.99
Country Park1x11BR,1BA$0.88

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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

Explore Margaret, AL Rentals by Map

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See the most popular apartments and homes in Margaret, AL

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Frequently Asked Questions about Cheap Margaret Apartments

What is the Cheapest Studio apartment in Margaret?

Currently the most affordable Cheap Studio Apartment in Margaret is at Madison Park Apartments & Townhomes listed at $665.

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

The lowest price for a Cheap One Bedroom Margaret Apartment is $530 at Springville Landing Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Margaret is starting from $565 at Springville Landing Apartments.

What is the most affordable Margaret Three Bedroom Apartment?

The best deal on a cheap Margaret Three Bedroom Apartment rental is at Springville Landing Apartments and starts from $665.

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 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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.