Cheap Homes for Rent in Panola, AL from $600 (8 Rentals)

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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 1125 Washington St priced from $700. Landmark Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Panola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1125 Washington StRegular2BR,2BA$700
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$725
New Meridian Estates1BR/1BA Upgraded1BR,1BA$730

Best Value Apartments for Rent in Panola, AL and Nearby

As of November 11, 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 2x2 Flat Model at Magnolia, A Prosper Community starting at $1,290 with a $1.12 price per square foot in the Skyland McFarland 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
Magnolia, A Prosper Community2x2 Flat2BR,2BA$1.12
Cypress Park Apartments2 Bedroom2BR,2BA$0.99
Oak Manor Apartment Homes3 bedroom 1.5 bathroom Platinum3BR,1.5BA$1.14
The GlensTwo Bedroom2BR,2BA$1.16
Rivergate2 x 1 Flat Newly Renovated2BR,1BA$0.87
The Reunion2X12BR,1BA$1.01
419 10th St S2 Beds, 1 bath2BR,1BA$1.01
1125 Washington StRegular2BR,2BA$0.93
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$1.05

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Frequently Asked Questions about Panola

What type of rentals are currently available in Panola?

There are currently 44 Apartments for Rent in Panola, AL with pricing that ranges from $688 to $2,276. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panola ranging from $650 to $6,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Panola ranges from $650 to $6,000 with an average monthly rent of $1,708.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Panola range from $850 to $1,813, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $2,900. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,050.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.