1515 Kicker Rd
TuscaloosaAL35404
Cheap Homes for Rent in Peterson, AL from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Peterson.
1505 18th E St
TuscaloosaAL35401
13 Meadowlawn Dr
TuscaloosaAL35401
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.
303 Helen Keller Blvd
TuscaloosaAL35404
2515 Veterans Memorial Pkwy
TuscaloosaAL35404
1606 5th Ave
TuscaloosaAL35401
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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Peterson, AL Local Guide
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How much does it cost to rent a home in Peterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterson 2 Bedroom Homes for Rent | $1,334 | $975 | $1,650 |
| Peterson 3 Bedroom Homes for Rent | $1,792 | $1,100 | $2,900 |
| Peterson 4 Bedroom Homes for Rent | $2,352 | $1,500 | $3,600 |
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Peterson, AL Local Guide
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Cheapest Available Peterson Apartments for Rent and Nearby
The cheapest available apartment rental in Peterson, AL is a Studio unit found at Cobblestone Court in the University of Alabama neighborhood priced from $630. Riverbend Residences in the Skyland McFarland 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 Peterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cobblestone Court | Hardwood LVT Flooring Unit | Studio,1BA | $630 |
| Riverbend Residences | 1x1 | 1BR,1BA | $700 |
| The Summit at the River | River Pointe 1 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Peterson, AL and Nearby
As of April 26, 2026 the best value apartment in the Peterson area is the $0.81 price per square foot A Model at The Overlook in the in the University of Alabama neighborhood starting from $1,125. The second greatest value Peterson apartment is the 2BR/2BA - Birchmore Elite Tech Model at The Cottages at Lake Tamaha starting at $1,375 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Overlook | A | 3BR,3BA | $0.81 |
| The Cottages at Lake Tamaha | 2BR/2BA - Birchmore Elite Tech | 2BR,2BA | $1.10 |
| Court Woods Apartments | 2BR/2BA | 2BR,2BA | $1.03 |
| Copper Creek | 2Bed + 1.5 Bath Townhouse Reno | 2BR,1.5BA | $0.93 |
| Eastwood Manor | 2Bed - 1.5Bath - TH | 2BR,1.5BA | $1.08 |
| The Willows | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.07 |
| Fountain Square Apartment Homes | 2 Bed 1Bath | 2BR,1BA | $1.16 |
| Williamsburg East | One Bed | 1BR,1BA | $1.19 |
| Forrester Gardens Apartments | 2x1 | 2BR,1BA | $1.10 |
| Riverbend Residences | 1x1 | 1BR,1BA | $1.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
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See the most popular apartments and homes in Peterson, AL
Frequently Asked Questions about Peterson
What type of rentals are currently available in Peterson?
There are currently 50 Apartments for Rent in Peterson, AL with pricing that ranges from $465 to $5,180. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $975 to $3,600.
What is the current price range for Rental Homes in Peterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterson ranges from $975 to $3,600 with an average monthly rent of $1,657.
How much are larger Three and Four Bedroom Rentals in Peterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterson range from $849 to $5,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $739.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.