
Cheap Apartments for Rent in the Faulkner University Neighborhood of Montgomery, AL from $300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Faulkner University area of Montgomery.


Alcove

Birchwood Apartments

Tuscany at Midtown

The Mark

Turtle Place

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Cedar Creek Apartments

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Azalea Hill
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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Sunrise Apartments

Woodmere Reserve

Stratford Village

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Bristol Downs

Park at Meadow Ridge

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The Park at Monticello

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Retreat at Eddins

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Addison Park
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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Gazebo East

Legacy at Festival

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The Rosemary

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Carrington Park Apartments

516 Lawndale Ln

Sunrise Extended Stay

Magnolia Terrace

Shady Oaks Apartments
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.

Eastbrook Apartments 1 & 2 (PI)

1 W. Wareingwood Dr.(g)

Reserve at Boardwalk

Bonnie Crest Apartments

Eastdale Oaks

404 Eastdale Rd S

538 Hollow Wood Rd

577 Eastdale Rd S
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.

4722 Retreat Rd
Faulkner University, Montgomery, AL Local Guide

How much does it cost to rent an apartment in Faulkner University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faulkner University Studio Apartments | $864 | $525 | $1,467 |
| Faulkner University 1 Bedroom Apartments | $859 | $645 | $1,567 |
| Faulkner University 2 Bedroom Apartments | $1,071 | $710 | $3,450 |
| Faulkner University 3 Bedroom Apartments | $1,481 | $900 | $3,991 |
| Faulkner University 4 Bedroom Apartments | $1,765 | $1,295 | $3,023 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Faulkner University Neighborhood of Montgomery, AL.
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Faulkner University, Montgomery, AL Local Guide
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Cheapest Available Faulkner University Apartments for Rent
 The cheapest available apartment rental in the Faulkner University area of Montgomery, AL is a Studio unit found at The Cypress Grove Residence priced from $525. Alcove has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here are the most affordable Faulkner University apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cypress Grove Residence | Tempest | Studio,1BA | $525 |
| Alcove | Studio | Studio,1BA | $645 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $645 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $725 |
| Cedar Creek Apartments | Studio | Studio,1BA | $750 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $750 |
| Turtle Place | 1/1.00 | 1BR,1BA | $750 |
| The Mark | 1/1.00 | 1BR,1BA | $750 |
| Sunrise Apartments | 1BR | 1BR,1BA | $765 |
| Stratford Village | Brighton | 1BR,1BA | $799 |
Best Value Apartments for Rent in Faulkner University, AL
As of July 29, 2026 the best value apartment in the Faulkner University area is the $0.92 price per square foot 2 Bed 2 Bath Model at Azalea Hill in the in the Halcyon Park neighborhood starting from $1,049. The second greatest value Faulkner University apartment is the 2 Bedroom Two Bathroom Upgraded Model at Legacy at Festival starting at $1,230 with a $1.09 price per square foot in the Halcyon Park neighborhood. Here is today’s list of the best values for Faulkner University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Azalea Hill | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
| Legacy at Festival | 2 Bedroom Two Bathroom Upgraded | 2BR,2BA | $1.09 |
| Bonnie Crest Apartments | Bonnie Crest Apartments - 740A | 2BR,1BA | $0.77 |
| 404 Eastdale Rd S | 2 Beds, 2 Baths | 2BR,2BA | $1.02 |
| Park at Meadow Ridge | Seacrest Renovated | 1BR,1BA | $1.01 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $0.92 |
| Eastdale Oaks | 1 bd / 1 bath | 1BR,1BA | $1.15 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $1.01 |
| Stratford Village | Brighton | 1BR,1BA | $1.14 |
| Woodmere Reserve | 1 Bed/1 Bath | 1BR,1BA | $1.16 |
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.
Read ArticleReal 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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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.
Pet Friendly LifestyleFaulkner University, Montgomery, AL
Ranked #28
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Faulkner University Apartments
What is a cheap apartment in Faulkner University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Faulkner University is under $799.
What is the price of a cheap apartment in Faulkner University?
The cheapest apartment in Faulkner University is Alcove which is listed at $691, while the average apartment in Faulkner University costs $1,450.
What types of apartments are the cheapest in Faulkner University?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Faulkner University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.