
Cheap Homes for Rent in Panola, AL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Panola.


1819 10th Ave N

616 14th St N

3417 1/2 6th St

12378 Patton Pl Spur

3024 20th St

2824 22nd St

366 Concourse Rd
Panola, AL Local Guide

How much does it cost to rent a home in Panola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panola 2 Bedroom Homes for Rent | $933 | $650 | $1,450 |
| Panola 3 Bedroom Homes for Rent | $1,585 | $1,025 | $2,900 |
| Panola 4 Bedroom Homes for Rent | $2,550 | $650 | $6,000 |
| Panola 5 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
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Panola, AL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1125 Washington St | Regular | 2BR,2BA | $700 |
| Landmark Apartment Homes | 1 BED 1 BATH | 1BR,1BA | $725 |
| New Meridian Estates | 1BR/1BA Upgraded | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Metalworks Condos | Metalworks Condo | 3BR,4BA | $0.51 |
| Magnolia, A Prosper Community | 2x2 Flat | 2BR,2BA | $1.12 |
| Cypress Park Apartments | 2 Bedroom | 2BR,2BA | $0.99 |
| Oak Manor Apartment Homes | 3 bedroom 1.5 bathroom Platinum | 3BR,1.5BA | $1.14 |
| The Glens | Two Bedroom | 2BR,2BA | $1.16 |
| Rivergate | 2 x 1 Flat Newly Renovated | 2BR,1BA | $0.87 |
| The Reunion | 2X1 | 2BR,1BA | $1.01 |
| 419 10th St S | 2 Beds, 1 bath | 2BR,1BA | $1.01 |
| 1125 Washington St | Regular | 2BR,2BA | $0.93 |
| Landmark Apartment Homes | 1 BED 1 BATH | 1BR,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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.