Cheap Homes for Rent in Peterson, AL from $900 (13 Rentals)

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Peterson, AL Local Guide

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. Forest Lake Apartments in the West Tuscaloosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flex Studio Apartments1BR/1.0BAStudio,1BA$495
Forest Lake ApartmentsSmall One BR1BR,1BA$699
The Oakley1x11BR,1BA$700
The Cottages at Lake Tamaha4BR/4.5BA - Springmore Elite4BR,4BA$765
Brookstone Apartment Homes1Bed - 1Bath1BR,1BA$799

Best Value Apartments for Rent in Peterson, AL and Nearby

As of June 13, 2025 the best value apartment in the Peterson area is the $0.96 price per square foot 2BR/2BA - Birchmore Elite Model at The Cottages at Lake Tamaha in the in the Northport North of River neighborhood starting from $1,200. The second greatest value Peterson apartment is the Renovated Hunter Model at Water Oak Apartments starting at $1,302 with a $1.09 price per square foot in the Skyland McFarland 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 Cottages at Lake Tamaha2BR/2BA - Birchmore Elite2BR,2.5BA$0.96
Water Oak ApartmentsRenovated Hunter2BR,2BA$1.09
High Country Apartments3Bed - 2Bath3BR,2BA$1.02
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
Sun Valley Apartments2 BR 2 BA2BR,2BA$1.06
Eastwood Manor2Bed - 1.5Bath - TH2BR,1.5BA$1.07
Williamsburg EastTwo Bed2BR,2BA$1.06
Aspen Village Apartment Homes2 Bedroom 1 Bath Aspen Village2BR,1BA$1.04
Eddins Estates ApartmentsTwo Bedroom2BR,1BA$0.97
Valley Square Apartments1 BR 1 BA1BR,1BA$1.02

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Frequently Asked Questions about Peterson

What type of rentals are currently available in Peterson?

There are currently 48 Apartments for Rent in Peterson, AL with pricing that ranges from $465 to $5,801. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $950 to $4,250.

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 $4,250 with an average monthly rent of $1,587.

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 $859 to $5,801, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,015 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $609.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.