Cheap Homes for Rent in Pelham, AL from $1,200 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Pelham.

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.

property at 218 Carl Nichols Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

218 Carl Nichols Dr

PelhamAL35124

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.

property at 753 Cahaba Manor Trl

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

3 Bedroom, 3 Bath Townhome for Rent

Available Jul 31

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.

Pelham, AL Local Guide

Cheapest Available Pelham Apartments for Rent

 

The cheapest available apartment rental in Pelham, AL is a 2 Beds unit found at 208 Rolling Mill St in the Shelby County neighborhood priced from $750. Chace Lake Villas in the Hoover Vestavia Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
208 Rolling Mill St2 Beds, 1 Baths2BR,1BA$750
Chace Lake VillasThe Camille1BR,1BA$880
Latitude at RiverchaseAPOLLO CLASSIC1BR,1BA$888
Madison PlaceThe Azalea1BR,1BA$949
The Avenues of South HooverThe Pelham1BR,1BA$988

Best Value Apartments for Rent in Pelham, AL

As of July 12, 2026 the best value apartment in the Pelham area is the $1.12 price per square foot 2 Bedroom Model at Grand Reserve at Pelham in the in the Shelby County neighborhood starting from $1,774. The second greatest value Pelham apartment is the 1 Bed | 1.5 Bath - Gardenia Model at Skylar Ridge starting at $1,375 with a $1.17 price per square foot in the Hoover Vestavia Hills neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Reserve at Pelham2 Bedroom2BR,2BA$1.12
Skylar Ridge1 Bed | 1.5 Bath - Gardenia1BR,1.5BA$1.17
Aventura Oak MountainDouble Oak Renovated2BR,2BA$1.26
Riverchase Landing Apartments1BR 1.5BA (1070 SF)1BR,1.5BA$0.99
The Avenues of South HooverThe Pelham1BR,1BA$1.11
Turtle Lake Apartment Homes1Bed - 1Bath1BR,1BA$1.15
The Falls and Woods of Hoover ApartmentsArbors Reserve1BR,1BA$1.33
208 Rolling Mill St2 Beds, 1 Baths2BR,1BA$0.89
Summerchase at RiverchaseAdair1BR,1BA$1.23
Latitude at RiverchaseAPOLLO ELITE1BR,1BA$1.33

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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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.

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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!

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Frequently Asked Questions about Pelham

What type of rentals are currently available in Pelham?

There are currently 40 Apartments for Rent in Pelham, AL with pricing that ranges from $660 to $3,656. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham ranging from $1,200 to $4,195.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelham ranges from $1,200 to $4,195 with an average monthly rent of $2,301.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pelham range from $1,196 to $2,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,195. Four Bedroom Single-Family rentals are also available starting from $1,805 and Four Bedroom Apartments start at $2,399.

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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Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

Written by: Larry Allen

Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.