
Cheap Apartments for Rent in Petrey, AL from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Petrey.


Susanna Ridge

The Meadows

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The Arch Troy

Pecan Lane

Edgewood Manor

Fort Deposit Villas

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Wooddale Apartments
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.

Bent Creek

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Woodley Terrace Apartments

Beaumont Reserve at Eastern

Ravenwood Apartments

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Brentwood Estates

Camellia Village

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The Eastern

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The Lofts on Fountain
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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Governors Parc Apartments

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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

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Magnolia Apartments

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Bell Oaks Apartments
Cash 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.

Liberty Square

Kensington Manor Apartments

Corner Stone

Price Street Townhomes

Perdue Village Apartments

Forest Acres

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Tapestry on Vaughn

The Flats at Hampstead
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.

5931 Singleton St

Magnolia Trace

Townhomes at Montgomery

Virginia Downs Apartments

593 Perdue Pl

5101 Levenson Rd

6061 Briarhurst Dr

Elevate 5050
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.

104 Boswell St

103 Andrew Ave

4611 Virginia Loop Rd

Sturbridge Commons
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 | $1,062 | $552 | $2,400 |
| Petrey 2 Bedroom Apartments | $1,145 | $520 | $2,800 |
| Petrey 3 Bedroom Apartments | $1,148 | $568 | $3,800 |
| Petrey 4 Bedroom Apartments | $538 | $479 | $730 |
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 4 Beds unit found at University Corners priced from $535. The Arch Troy has the second lowest priced unit, which is a 3 Beds apartment currently listed from $568. Here is today’s list of the most affordable Petrey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Corners | 4 Bedroom 2 Bath Renovated | 4BR,2BA | $535 |
| The Arch Troy | 3BR/3BA | 3BR,3BA | $568 |
| Wooddale Apartments | Wooddale, Oakdale, Shady Oaks | 1BR,1BA | $625 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $645 |
| Brentwood Estates | 1x1Brentwood Estates | 1BR,1BA | $665 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $699 |
| The Eastern | 1 Bed / 1 Bath | 1BR,1BA | $699 |
| Ravenwood Apartments | Ravenwood 2 Bed 1 Bath Small | 2BR,1BA | $715 |
| Governors Parc Apartments | 1 Bedroom | 1BR,1BA | $735 |
| Vaughn Lakes | Oxford | Studio,1BA | $765 |
Best Value Apartments for Rent in Petrey, AL and Nearby
As of June 08, 2026 the best value apartment in the Petrey area is the $0.53 price per square foot Franklin Model at Ivy Row Troy in the starting from $825. The second greatest value Petrey apartment is the The Shakespeare Model at Elevate 5050 starting at $1,171 with a $0.93 price per square foot in the Halcyon Park 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. |
|---|---|---|---|
| Ivy Row Troy | Franklin | 3BR,3.5BA | $0.53 |
| Elevate 5050 | The Shakespeare | 2BR,1BA | $0.93 |
| Forest Acres | Hamilton | 3BR,2BA | $0.90 |
| University Corners | 4 Bedroom 2 Bath Renovated | 4BR,2BA | $0.49 |
| Ravenwood Apartments | Ravenwood 2 Bedroom 1 Bath Medium | 2BR,1BA | $0.72 |
| The Arch Troy | 2BR/2BA - Upgrade | 2BR,2BA | $0.77 |
| Liberty Square | 1 Bed | 1BR,1BA | $1.00 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $0.86 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $0.81 |
| Brentwood Estates | 1x1Brentwood Estates | 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 $625 at Wooddale 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 $698 at Beaumont Reserve at Eastern.
What is the most affordable Petrey Three Bedroom Apartment?
The best deal on a cheap Petrey Three Bedroom Apartment rental is at The Arch Troy and starts from $568.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.