
Cheap Apartments for Rent near Petrey, AL from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Petrey.


Susanna Ridge

The Meadows

Pecan Lane

Edgewood Manor

Stonebridge Apartments

Fox Crossings

Fort Deposit Villas

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Wooddale Apartments
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.

Bent Creek

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Woodley Terrace Apartments

Beaumont Reserve at Eastern

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Brentwood Estates

Ravenwood Apartments

Camellia Village

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The Eastern

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The Lofts on Fountain

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Governors Parc Apartments
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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Vaughn Lakes

Anthos at Belmont

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Greenbriar Apartments

Commerce Street Manor Apartments

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Willow Terrace Apartments

South Mall Apartments

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Bell Oaks Apartments

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Magnolia Apartments

Liberty Square
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.

Price Street Townhomes

The Grand at Magnolia Pointe

Corner Stone

Kensington Manor Apartments

Perdue Village Apartments

Forest Acres

Elevate 5050

The Flats at Hampstead

5927 Singleton St
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.

411 E Troy St

Magnolia Trace

Townhomes at Montgomery

Virginia Downs Apartments

593 Perdue Pl

6108 Cherry Hill Rd

3144 Montwood Dr

39 Edgeview Heights Rd

6061 Briarhurst Dr
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.

4040 Brighton Rd

315 S Brundidge St
Petrey, AL Local Guide

How much does it cost to rent an apartment in Petrey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petrey Studio Apartments | $1,355 | $765 | $2,100 |
| Petrey 1 Bedroom Apartments | $1,020 | $552 | $2,400 |
| Petrey 2 Bedroom Apartments | $1,081 | $520 | $2,800 |
| Petrey 3 Bedroom Apartments | $1,414 | $600 | $3,800 |
| Petrey 4 Bedroom Apartments | $521 | $479 | $535 |
Browse Top Apartments in Petrey
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Petrey, AL Local Guide
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Cheapest Available Petrey Apartments for Rent and Nearby
 The cheapest available apartment rental in Petrey, AL is a 1 Bed unit found at Stonebridge Apartments in the South Montgomery City neighborhood priced from $585. Susanna Ridge has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here is today’s list of the most affordable Petrey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebridge Apartments | 1 Bed, 1 bath | 1BR,1BA | $585 |
| Susanna Ridge | Three Bedrooms | 3BR,2BA | $600 |
| Fox Crossings | 1 Bed 1 Bath | 1BR,1BA | $605 |
| Wooddale Apartments | Wooddale, Oakdale, Shady Oaks | 1BR,1BA | $625 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $645 |
| The Eastern | 1 Bed / 1 Bath | 1BR,1BA | $699 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Governors Parc Apartments | 1 Bed/1 Bath | 1BR,1BA | $735 |
| Vaughn Lakes | Oxford | Studio,1BA | $765 |
| Ravenwood Apartments | Ravenwood 1 Bed 1 Bath Large | 1BR,1BA | $766 |
Best Value Apartments for Rent in Petrey, AL and Nearby
As of July 24, 2026 the best value apartment in the Petrey area is the $1.01 price per square foot 2 Bedroom 1 Bath 1257sf Model at Elevate 5050 in the in the Halcyon Park neighborhood starting from $1,273. The second greatest value Petrey apartment is the 2 Bedroom Two Bathroom-60% Model at South Mall Apartments starting at $800 with a $0.69 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elevate 5050 | 2 Bedroom 1 Bath 1257sf | 2BR,1BA | $1.01 |
| South Mall Apartments | 2 Bedroom Two Bathroom-60% | 2BR,2BA | $0.69 |
| Susanna Ridge | Three Bedrooms | 3BR,2BA | $0.52 |
| Corner Stone | Two Bedroom Townhome | 2BR,1.5BA | $0.98 |
| The Grand at Magnolia Pointe | B2 - PR | 2BR,2BA | $0.94 |
| Liberty Square | 1 Bed | 1BR,1BA | $1.00 |
| Fox Crossings | 1 Bed 1 Bath | 1BR,1BA | $0.71 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $0.86 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $0.81 |
| Stonebridge Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.85 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Petrey, AL Rentals by Map
See the most popular apartments and homes in Petrey, AL
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 $585 at Stonebridge 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 $680 at Stonebridge Apartments.
What is the most affordable Petrey Three Bedroom Apartment?
The best deal on a cheap Petrey Three Bedroom Apartment rental is at Susanna Ridge and starts from $600.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.