2410 Denny St
TuscaloosaAL35404
Cheap Homes for Rent in Peterson, AL from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Peterson.
1515 Kicker Rd
TuscaloosaAL35404
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.
4241 Springhill Dr
TuscaloosaAL35405
2515 Veterans Memorial Pkwy
TuscaloosaAL35404
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.
105 Eastwood Ave
TuscaloosaAL35404
Showing Results 1-5, Page 1 of 1
Peterson, AL Local Guide
Crawfish cooking by Pat David is licensed under CC BY 2.0
How much does it cost to rent a home in Peterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterson 2 Bedroom Homes for Rent | $1,555 | $975 | $2,250 |
| Peterson 3 Bedroom Homes for Rent | $2,144 | $1,525 | $2,900 |
| Peterson 4 Bedroom Homes for Rent | $2,240 | $1,695 | $3,200 |
| Peterson 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Peterson
Explore Peterson
Peterson, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Peterson Apartments for Rent and Nearby
The cheapest available apartment rental in Peterson, AL is a Studio unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Cobblestone Court in the University of Alabama neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here is today’s list of the most affordable Peterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flex Studio Apartments | 1BR/1.0BA | Studio,1BA | $495 |
| Cobblestone Court | Hardwood LVT Flooring Unit | Studio,1BA | $630 |
| Riverbend Residences | 1x1 | 1BR,1BA | $700 |
Best Value Apartments for Rent in Peterson, AL and Nearby
As of June 11, 2026 the best value apartment in the Peterson area is the $0.79 price per square foot 4x4 TH Model at State Tuscaloosa in the in the University of Alabama neighborhood starting from $1,135. The second greatest value Peterson apartment is the A Model at The Overlook starting at $1,125 with a $0.81 price per square foot in the University of Alabama 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. |
|---|---|---|---|
| State Tuscaloosa | 4x4 TH | 4BR,4BA | $0.79 |
| The Overlook | A | 3BR,3BA | $0.81 |
| The Cottages at Lake Tamaha | 2BR/2BA - Birchmore Elite | 2BR,2.5BA | $1.02 |
| Court Woods Apartments | 2BR/2BA | 2BR,2BA | $0.85 |
| Williamsburg East | 2 Bed 2.5 Bath | 2BR,2.5BA | $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 |
| French Quarter Apartments | One Bedroom | 1BR,1BA | $1.21 |
| Forrester Gardens Apartments | 2x1 | 2BR,1BA | $1.10 |
| Riverbend Residences | 1x1 | 1BR,1BA | $1.13 |
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 Article
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.
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.
Let everyone know!
Do you know the Peterson area?
If you’re an expert on all things Peterson, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peterson, AL Rentals by Map
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 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $950 to $3,500.
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 $950 to $3,500 with an average monthly rent of $2,082.
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 $789 to $5,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $639.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.