Cheap Apartments for Rent near Myrtlewood, AL from $463 (40 Rentals)

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

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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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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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.

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Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460
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Forest Manor
1 to 2 Bedroom Apartments

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
  • Utilities Included

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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Cedar Pointe Apartments
Studio to 2 Bedroom Apartments

Cedar Pointe Apartments

429 Wilson Ave EThomasville, AL 36784
Corporate Housing
  • Utilities Included

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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Showing Results 1-40, Page 1 of 1

Myrtlewood, AL Local Guide

Cheapest Available Myrtlewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Myrtlewood, AL is a 1 Bed unit found at Rock Pointe Apartments priced from $463. Pebble Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Myrtlewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock Pointe Apartments1 Bed, 1 bath1BR, 1BA$463
Pebble Creek Apartments1 Bed/1 Bath1BR, 1BA$599
Boundary Estates1 Bed/ 1 Bath1BR, 1BA$599
Magnolia Village1 Bed, 1 bath1BR, 1BA$610
Willow Trace Apartments1 Bed/1 Bath1BR, 1BA$649
Hillcrest Estates2 Bed/ 2 Bath2BR, 2BA$749
Coventry Gardens Apartments2 Bed/1 Bath2BR, 1BA$799
Heritage Place Apartments1BR/1BA1BR, 2BA$820
The Links at TuscaloosaClassic Deluxe II1BR, 1BA$825
Regency ApartmentsOne Bedroom1BR, 1BA$825

Best Value Apartments for Rent in Myrtlewood, AL and Nearby

As of September 23, 2026 the best value apartment in the Myrtlewood area is the $1.09 price per square foot Cali Model at The Grove Moundville starting from $1,942. The second greatest value Myrtlewood apartment is the 2x2 Flat Model at Magnolia, A Prosper Community in the Skyland McFarland neighborhood starting at $799 with a $0.69 price per square foot. Here is today’s list of the best values for Myrtlewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove MoundvilleCali4BR, 2BA$1.09
Magnolia, A Prosper Community2x2 Flat2BR, 2BA$0.69
The GlensThree Bedroom3BR, 2BA$0.96
Hillcrest Estates3 Bed/ 2 Bath3BR, 2BA$0.86
Coventry Gardens Apartments2 Bed/1 Bath2BR, 1BA$0.95
Rock Pointe Apartments1 Bed, 1 bath1BR, 1BA$0.57
Willow Trace Apartments1 Bed/1 Bath1BR, 1BA$0.86
Pebble Creek Apartments1 Bed/1 Bath1BR, 1BA$0.80
Magnolia Village1 Bed, 1 bath1BR, 1BA$0.86
Boundary Estates1 Bed/ 1 Bath1BR, 1BA$0.92

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

Explore Myrtlewood, AL Rentals by Map

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Frequently Asked Questions about Cheap Myrtlewood Apartments

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

The lowest price for a Cheap One Bedroom Myrtlewood Apartment is $463 at Rock Pointe Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Myrtlewood is starting from $630 at Magnolia Village.

What is the most affordable Myrtlewood Three Bedroom Apartment?

The best deal on a cheap Myrtlewood Three Bedroom Apartment rental is at Rock Pointe Apartments and starts from $595.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.