Cheap Apartments for Rent near Panola, AL from $550 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

close
View Me
1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701
close
View Me
419 10th St S
2 Bedroom Apartments

419 10th St S

419 10th St SColumbus, MS 39701

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.

Panola, AL Local Guide

Cheapest Available Panola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panola, AL is a 1 Bed unit found at Military Square Apartments in the Downtown Columbus MS neighborhood priced from $550. Boundary Estates 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 Panola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Military Square Apartments1 Bed, 1 bath1BR,1BA$550
Boundary Estates1 Bed/ 1 Bath1BR,1BA$599
Chanticleer Apartments - Columbus, MS1 x 1 Flat Newly Renovated1BR,1BA$750
Owls Den Apartments2 Bed 1 Bath2BR,1BA$750
Vintage Apartments1 BD 1BA1BR,1BA$795
Creekwood Village Apartments1x11BR,1BA$800
The Reserve2x12BR,1BA$810
Crestmont Manor1 Bed 1 Bath1BR,1BA$815
The Greens at Tuscaloosa I/IIClassic Deluxe II1BR,1BA$825
The Links at TuscaloosaClassic Deluxe II1BR,1BA$825

Best Value Apartments for Rent in Panola, AL and Nearby

As of September 09, 2026 the best value apartment in the Panola area is the $0.57 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $1,025. The second greatest value Panola apartment is the Cali Model at The Grove Moundville starting at $1,947 with a $1.10 price per square foot . 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$0.57
The Grove MoundvilleCali4BR,2BA$1.10
Columbus Heights4x24BR,2BA$0.74
Winding CreekThree Bedroom3BR,2BA$1.11
Magnolia, A Prosper Community2x2 Flat2BR,2BA$0.67
Rivergate Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$0.95
The Reserve2x12BR,1BA$0.88
Creekwood Village Apartments1x11BR,1BA$1.01
Owls Den Apartments2 Bed 1 Bath2BR,1BA$0.98
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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

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

Explore Panola, AL Rentals by Map

View Map
Panola, AL Apartments Map
View Map
Panola, AL Rental Homes Map

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 $550 at Military Square 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 $670 at Military Square Apartments.

What is the most affordable Panola Three Bedroom Apartment?

The best deal on a cheap Panola Three Bedroom Apartment rental is at Military Square Apartments and starts from $750.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.