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


809 2nd Ave N

4017 68th Ave

4018 68th Ave
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.

126 Taskaloosa Rd

2804 25th St

3478 Willow Ln

501 16th Ave N
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.
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 | $1,312 | $850 | $1,850 |
Panola 3 Bedroom Homes for Rent | $1,617 | $850 | $2,750 |
Panola 4 Bedroom Homes for Rent | $2,277 | $650 | $6,000 |
Browse Top Homes for Rent in Panola
Explore Panola
Panola, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Panola Apartments for Rent and Nearby
 The cheapest available apartment rental in Panola, AL is a 1 Bed unit found at Reunion Apartments in the Downtown Columbus MS neighborhood priced from $675. Chanticleer Apartments in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Panola apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Reunion Apartments | Reserve Apartments 1x1 | 1BR,1BA | $675 |
Chanticleer Apartments | 1 x 1 Flat Newly Renovated | 1BR,1BA | $700 |
New Meridian Estates | 1BR/1BA Upgraded | 1BR,1BA | $730 |
Best Value Apartments for Rent in Panola, AL and Nearby
As of June 27, 2025 the best value apartment in the Panola area is the $1.21 price per square foot Three Bedroom Model at The Colony Apartment Homes in the starting from $1,521. The second greatest value Panola apartment is the Capstone Model at Riverfront Village starting at $835 with a $0.69 price per square foot in the Northport North of River 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. |
---|---|---|---|
The Colony Apartment Homes | Three Bedroom | 3BR,2BA | $1.21 |
Riverfront Village | Capstone | 3BR,3BA | $0.69 |
The Glens | Three Bedroom | 3BR,2BA | $1.21 |
Cypress Park Apartments | 2 Bedroom | 2BR,2BA | $0.81 |
Winding Creek | Two Bedroom | 2BR,2BA | $1.07 |
Reunion Apartments | Reunion Apartments 2x1 | 2BR,1BA | $0.92 |
Landmark Apartment Homes | 2 BED 1 BATH | 2BR,1BA | $0.90 |
Briarwood Hills Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.24 |
Rivergate | 1x1 Flat Newly Renovated | 1BR,1BA | $1.15 |
New Meridian Estates | 1BR/1BA Upgraded | 1BR,1BA | $1.20 |
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.
Frequently Asked Questions about Panola
What type of rentals are currently available in Panola?
There are currently 38 Apartments for Rent in Panola, AL with pricing that ranges from $697 to $3,595. There are also 31 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 $1,735.
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 $2,577, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,750. 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.