Cheap Homes for Rent near Myrtlewood, AL from $701 (10 Rentals)

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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.

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.

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

Best Value Apartments for Rent in Myrtlewood, AL and Nearby

As of August 30, 2026 the best value apartment in the Myrtlewood area is the $0.39 price per square foot 3x3 Flat Model at Magnolia, A Prosper Community in the in the Skyland McFarland neighborhood starting from $585. The second greatest value Myrtlewood apartment is the 3 Bed/ 2 Bath Model at Hillcrest Estates starting at $899 with a $0.86 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.
Magnolia, A Prosper Community3x3 Flat3BR,3BA$0.39
Hillcrest Estates3 Bed/ 2 Bath3BR,2BA$0.86
Willow Trace Apartments2 Bed/2 Bath2BR,2BA$0.79
Bonita Ridge Apartments2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.04
Regency ApartmentsTwo Bedroom2BR,1BA$1.12
Coventry Gardens Apartments2 Bed/1 Bath2BR,1BA$0.95
Rock Pointe Apartments1 Bed, 1 bath1BR,1BA$0.57
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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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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Frequently Asked Questions about Myrtlewood

What type of rentals are currently available in Myrtlewood?

There are currently 51 Apartments for Rent in Myrtlewood, AL with pricing that ranges from $463 to $2,352. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Myrtlewood ranging from $701 to $3,000.

What is the current price range for Rental Homes in Myrtlewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Myrtlewood ranges from $701 to $3,000 with an average monthly rent of $1,714.

How much are larger Three and Four Bedroom Rentals in Myrtlewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Myrtlewood range from $595 to $1,813, while Three Bedroom Homes, Condos, and Townhomes for rent range from $701 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,888.

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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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.

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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.

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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.