Cheap Apartments for Rent in Panola, AL from $500 (27 Rentals)

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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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-27, Page 1 of 1

Panola, AL Local Guide

Cheapest Available Panola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panola, AL is a 2 Beds unit found at 1301 20th St N in the Downtown Columbus MS neighborhood priced from $550. Alex Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Panola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1301 20th St NTwo Bedroom2BR,1BA$550
Alex Place Apartments1 Bed/1 Bath1BR,1BA$699
1125 Washington StRegular2BR,2BA$700
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$725
New Meridian Estates1BR/1BA Upgraded1BR,1BA$730
Owls Den Apartments2 Bed 1 Bath2BR,1BA$750
419 10th St S2 Beds, 1 bath2BR,1BA$795
The Greens at Tuscaloosa I/IIClassic Deluxe II1BR,1BA$825
The Links at TuscaloosaClassic Deluxe II1BR,1BA$825
Richland Hills2 Beds, 1 bath2BR,1BA$825

Best Value Apartments for Rent in Panola, AL and Nearby

As of December 25, 2025 the best value apartment in the Panola area is the $0.51 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $925. The second greatest value Panola apartment is the 2x1.5 Townhome W/D Connections Newly Renovated Model at Chateaux Holly Hills starting at $950 with a $0.73 price per square foot in the Downtown Columbus MS neighborhood. Here is today’s list of the best values for Panola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Chateaux Holly Hills2x1.5 Townhome W/D Connections Newly Renovated2BR,1.5BA$0.73
Cypress Park Apartments2 Bedroom2BR,2BA$0.99
Alex Place Apartments2 Bed/1 Bath2BR,1BA$0.92
Embassy Court Apartments2 x 1 Flat Newly Renovated2BR,1BA$0.92
The Reunion2X12BR,1BA$1.01
419 10th St S2 Beds, 1 bath2BR,1BA$1.01
Owls Den Apartments2 Bed 1 Bath2BR,1BA$0.98
1125 Washington StRegular2BR,2BA$0.93
1301 20th St NTwo Bedroom2BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Panola, AL Rentals by Map

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Frequently Asked Questions about Cheap Panola Apartments

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

The lowest price for a Cheap One Bedroom Panola Apartment is $699 at Alex Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Panola is starting from $550 at 1301 20th St N.

What is the most affordable Panola Three Bedroom Apartment?

The best deal on a cheap Panola Three Bedroom Apartment rental is at Riverfront Village and starts from $870.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!