Cheap Apartments for Rent in Petrey, AL from $400 (28 Rentals)

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

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Classic Villas
1 to 3 Bedroom Apartments

Classic Villas

4581 Narrow Lane RdMontgomery, AL 36116
  • Utilities Included
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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living
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Townhomes at Montgomery
1 to 3 Bedroom Apartments

Townhomes at Montgomery

4930 Park Towne WayMontgomery, AL 36116
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Showing Results 1-28, Page 1 of 1

Petrey, AL Local Guide

Cheapest Available Petrey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petrey, AL is a 4 Beds unit found at University Corners priced from $505. Woodley Terrace Apartments in the South Montgomery City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Petrey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$505
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Willow Terrace ApartmentsThe Julianne1BR,1BA$680
Ravenwood ApartmentsRavenwood 2 Bedroom 1 Bath Medium2BR,1BA$688
The Eastern1 Bed / 1 Bath1BR,1BA$699
Governors Parc Apartments1 Bedroom1BR,1BA$735
Greenbriar Apartments1 Bed / 1 Bath1BR,1BA$795
Beaumont Reserve at Eastern1BR1BA1BR,1BA$796

Best Value Apartments for Rent in Petrey, AL and Nearby

As of November 10, 2025 the best value apartment in the Petrey area is the $0.44 price per square foot Madison Model at Ivy Row Troy in the starting from $725. The second greatest value Petrey apartment is the 2 bedroom, 1.5 bath Model at Price Street Townhomes starting at $1,175 with a $0.84 price per square foot in the South Montgomery City neighborhood. Here is today’s list of the best values for Petrey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Row TroyMadison4BR,4BA$0.44
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
Forest AcresEssence3BR,2BA$0.99
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
Ravenwood ApartmentsRavenwood 2 Bed 2 Bath Small2BR,2BA$0.82
University Corners2 Bedroom 1 Bath2BR,1BA$0.59
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

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Getting Around Petrey, AL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 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 Petrey Apartments

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

The lowest price for a Cheap One Bedroom Petrey Apartment is $625 at Woodley Terrace Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Petrey is starting from $520 at University Corners.

What is the most affordable Petrey Three Bedroom Apartment?

The best deal on a cheap Petrey Three Bedroom Apartment rental is at Woodley Terrace Apartments and starts from $850.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.