Cheap Apartments for Rent in Peterman, AL from $300 (22 Rentals)

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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.

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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.

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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.

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Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460
Showing Results 1-22, Page 1 of 1

Peterman, AL Local Guide

Cheapest Available Peterman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peterman, AL is a 2 Beds unit found at Timberline Apartments priced from $375. Princeton Grove in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $390. Here is today’s list of the most affordable Peterman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timberline ApartmentsTwo Bedrooms2BR,1BA$375
Princeton Grove2/2 Bedroom2BR,2BA$390
Brewington Pointe Apartments1 Bed, 1 bath1BR,1BA$483
Ivy Village1 Bed, 1 bath1BR,1BA$700
Cottonwood Estates2 Bed/2 Bath2BR,2BA$849

Best Value Apartments for Rent in Peterman, AL and Nearby

As of December 10, 2025 the best value apartment in the Peterman area is the $1.05 price per square foot C1 Model at Spring Creek Apartments in the starting from $1,420. The second greatest value Peterman apartment is the 3 Bed/2 Bath Model at Cottonwood Estates starting at $995 with a $0.82 price per square foot . Here is today’s list of the best values for Peterman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Creek ApartmentsC13BR,2BA$1.05
Cottonwood Estates3 Bed/2 Bath3BR,2BA$0.82
Brewington Pointe Apartments3 Beds, 2 baths3BR,2BA$0.54
Willow Tree Apartments2 Bedroom2BR,2BA$1.16
River Run Apartments2 Beds, 1 bath2BR,1BA$0.78
Rock Pointe Apartments1 Bed, 1 bath1BR,1BA$0.57
The Kensley Apartments2 Beds, 2 baths2BR,2BA$1.15
Addison Place ApartmentsOne Bedroom1BR,1BA$1.33
Timberline ApartmentsTwo Bedrooms2BR,1BA$0.53
Ivy Village1 Bed, 1 bath1BR,1BA$1.00

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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!

Explore Peterman, AL Rentals by Map

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Getting Around Peterman, AL

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Peterman Apartments

How much is rent for a Cheap One Bedroom Peterman Apartment?

The lowest price for a Cheap One Bedroom Peterman Apartment is $463 at Rock Pointe Apartments.

What is the lowest price for a Cheap Two Bedroom Peterman Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peterman is starting from $375 at Timberline Apartments.

What is the most affordable Peterman Three Bedroom Apartment?

The best deal on a cheap Peterman Three Bedroom Apartment rental is at Rock Pointe Apartments and starts from $595.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.