Cheap Apartments for Rent near Peterson, AL from $495 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Peterson.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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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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property at 2224 Redtop Ave
$1,200
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2224 Redtop Ave

CottondaleAL35453
Showing Results 1-44, Page 1 of 1

Peterson, AL Local Guide

Cheapest Available Peterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peterson, AL is a 1 Bed unit found at Hackberry Place in the West Tuscaloosa neighborhood priced from $615. Flex Studio Apartments in the Skyland McFarland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hackberry Place1 BR/1 BA1BR,1BA$615
Flex Studio ApartmentsStudio, 1 bathStudio,1BA$645
Cobblestone CourtHardwood LVT Flooring UnitStudio,1BA$680
Brookstone Apartment Homes1Bed - 1Bath1BR,1BA$730
High Country Apartments2Bed - 1Bath2BR,1BA$799
Riverbend Residences1x11BR,1BA$809
Skyland PointeCypress1BR,1BA$850
Stone CreekStudioStudio,1BA$855
Aspen Village Apartment Homes1 Bedroom 1 Bath Aspen Village1BR,1BA$855
Mountain View Apartment Homes1 bed - 1 bath Efficiency1BR,1BA$859

Best Value Apartments for Rent in Peterson, AL and Nearby

As of September 11, 2026 the best value apartment in the Peterson area is the $0.88 price per square foot A Model at The Overlook in the in the University of Alabama neighborhood starting from $1,225. The second greatest value Peterson apartment is the 3BR/3BA - Fairview Elite Tech Model at The Cottages at Lake Tamaha starting at $950 with a $0.70 price per square foot in the Northport North of River neighborhood. Here is today’s list of the best values for Peterson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The OverlookA3BR,3BA$0.88
The Cottages at Lake Tamaha3BR/3BA - Fairview Elite Tech3BR,3BA$0.70
Yorktown Commons Luxury Apartments3 Bedroom3BR,2BA$1.20
Court Woods Apartments2BR/2BA2BR,2BA$0.85
Williamsburg East2 Bed 2.5 Bath2BR,2.5BA$1.03
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$1.05
Eastwood Manor2Bed - 1.5Bath - TH2BR,1.5BA$0.98
Valley Square Apartments1 BR 1 BA1BR,1BA$1.10
Tenth and Tusk2BR/2BA - Corner2BR,2BA$1.09
High Country Apartments1Bed - 1Bath1BR,1BA$1.19

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

Explore Peterson, AL Rentals by Map

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Frequently Asked Questions about Cheap Peterson Apartments

What is the Cheapest Studio apartment in Peterson?

Currently the most affordable Cheap Studio Apartment in Peterson is at Flex Studio Apartments listed at $645.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $615 at Hackberry Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Peterson is starting from $765 at Hackberry Place.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at Magnolia Place and starts from $1,119.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.