Cheap Apartments for Rent in Midway, AL from $400 (29 Rentals)

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Wooddale Apartments
$625 - $740
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$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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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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Highridge
$995 - $1,250
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$995 - $1,250
Total Monthly Price
$995 - $1,250
3 to 4 Bedroom Apartments Contact Us For Availability

Highridge

200 Logan DrPhenix City, AL 36869
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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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Shepherds Cove Apartments
$1,045 - $1,135
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$1,045 - $1,135
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$1,045 - $1,135
2 to 3 Bedroom Apartments Contact Us For Availability

Shepherds Cove Apartments

1330 Shug Jordan PkyAuburn, AL 36832
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Grayton on Dean
$1,137 - $1,667
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Total Monthly Price

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$1,137 - $1,667
Total Monthly Price
$1,137 - $1,667
1 to 3 Bedroom Apartments Available Now

Grayton on Dean

420 N Dean RdAuburn, AL 36830
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property at 2038 Lee Rd 137

$505

4 Bedroom, 3.5 Bath Home for Rent

Available Now

2038 Lee Rd 137

AuburnAL36832

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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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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Showing Results 1-29, Page 1 of 1

Midway, AL Local Guide

Cheapest Available Midway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Midway, AL is a 1 Bed unit found at Lakepier Apartments priced from $480. University Corners has the second lowest priced unit, which is a 4 Beds apartment currently listed from $535. Here is today’s list of the most affordable Midway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakepier ApartmentsOne Bedroom1BR,1BA$480
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$535
The Arch Troy - Historical Access3BR/3BA3BR,3BA$558
The Quarters Auburn4x44BR,4BA$590
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
The Landings on Sandfort1 Bedroom Lakeside1BR,1BA$650
Willow Terrace Apartments1 Bed/1 Bath1BR,1BA$799
The Fairways at Auburn I/IIClassic Deluxe II/IV1BR,1BA$965
The Greens at Auburn I/IIClassic Deluxe II1BR,1BA$965
Forest AcresHamilton3BR,2BA$1,035

Best Value Apartments for Rent in Midway, AL and Nearby

As of June 14, 2026 the best value apartment in the Midway area is the $0.93 price per square foot Greenwich Model at The Standard at Auburn in the in the Downtown Auburn neighborhood starting from $1,638. The second greatest value Midway apartment is the Franklin Model at Ivy Row Troy starting at $825 with a $0.53 price per square foot . Here is today’s list of the best values for Midway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Standard at AuburnGreenwich5BR,5BA$0.93
Ivy Row TroyFranklin3BR,3.5BA$0.53
The District at Phenix City2 Bedroom Deluxe2BR,2BA$0.86
The Quarters Auburn4x44BR,4BA$0.42
Logan SquareC23BR,3BA$0.65
Forest AcresHamilton3BR,2BA$0.90
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
The Arch Troy - Historical Access2BR/2BA - Upgrade2BR,2BA$0.76
The Mill at Auburn2BR/2BA - B1 Standard - LVP2BR,2BA$0.97
Lakepier ApartmentsOne Bedroom1BR,1BA$0.79

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 Midway Apartments

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

The lowest price for a Cheap One Bedroom Midway Apartment is $480 at Lakepier Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Midway is starting from $495 at Lakepier Apartments.

What is the most affordable Midway Three Bedroom Apartment?

The best deal on a cheap Midway Three Bedroom Apartment rental is at The Arch Troy - Historical Access and starts from $558.

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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.

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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.