Cheap Apartments for Rent in Midway, AL from $400 (12 Rentals)

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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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Midway, AL Local Guide

Cheapest Available Midway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Midway, AL is a 4 Beds unit found at University Corners priced from $505. The Beacon in the North Auburn neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $590. Here is today’s list of the most affordable Midway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$505
The Beacon4x44BR,4BA$590
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$600
Willow Terrace ApartmentsThe Julianne1BR,1BA$680
The Greens at Auburn I/IIClassic Deluxe II1BR,1BA$965

Best Value Apartments for Rent in Midway, AL and Nearby

As of September 10, 2025 the best value apartment in the Midway area is the $0.59 price per square foot The Balcony - 4 Bed/4.5 Bath - Individual Lease Model at The Balcony Auburn in the in the Downtown Auburn neighborhood starting from $1,352. The second greatest value Midway apartment is the Elm Model at Ivy Row Troy starting at $850 with a $0.55 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 Balcony AuburnThe Balcony - 4 Bed/4.5 Bath - Individual Lease4BR,4.5BA$0.59
Ivy Row TroyElm2BR,2.5BA$0.55
Greystone Pointe AuburnBSR2BR,2BA$1.20
The Beacon4x44BR,4BA$0.42
Forest Acres13BR,2BA$0.88
The District at Phenix City1 Bedroom1BR,1.5BA$1.04
Evergreen Auburn2 Bed/ 1 Bath2BR,1BA$0.99
University Corners2 Bedroom 1 Bath2BR,1BA$0.59
Samford Square2x2s2BR,2BA$1.04
Willow Terrace ApartmentsThe Lexxie1BR,1BA$1.03

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

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Getting Around Midway, AL

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Midway Apartments

What is the Cheapest Studio apartment in Midway?

Currently the most affordable Cheap Studio Apartment in Midway is at Accolade Auburn listed at $1,750.

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

The lowest price for a Cheap One Bedroom Midway Apartment is $600 at Wooddale 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 $520 at University Corners.

What is the most affordable Midway Three Bedroom Apartment?

The best deal on a cheap Midway Three Bedroom Apartment rental is at Willow Terrace Apartments and starts from $915.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.