Cheap Homes for Rent in Red Bay, AL from $600 (15 Rentals)

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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.

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.

property at 575 Payne Creek

$999

3 Bedroom, 2 Bath Home for Rent

Available Now

575 Payne Creek

RussellvilleAL35654

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.

Red Bay, AL Local Guide

Cheapest Available Red Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Bay, AL is a 2 Beds unit found at Greenleaf Apartments priced from $517. Shadybrook Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $612. Here is today’s list of the most affordable Red Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenleaf Apartments2 Beds, 1 bath2BR,1BA$517
Shadybrook ApartmentsTwo-Bedoom2BR,1BA$612
Quail Run1 Bed, 1 bath1BR,1BA$630
West Tennessee Street0BR/1.0BAStudio,1BA$650
Ivy Pointe Apartments2 Bedroom2BR,1BA$709

Best Value Apartments for Rent in Red Bay, AL and Nearby

As of May 07, 2026 the best value apartment in the Red Bay area is the $0.88 price per square foot Village Parc Model at Village Parc Apartments in the in the Downtown Florence neighborhood starting from $1,050. The second greatest value Red Bay apartment is the 2 Bedroom 2 Bath - 48797 Model at Creekside Apartments starting at $1,075 with a $0.94 price per square foot . Here is today’s list of the best values for Red Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.88
Creekside Apartments2 Bedroom 2 Bath - 487972BR,2BA$0.94
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$0.75
Stonebrook Village2 Bedroom 2 Bathroom2BR,2BA$0.82
Arbor Village ApartmentsDogwood2BR,1BA$0.93
Brentwood2BR/2.0BA2BR,2BA$0.92
Shadybrook ApartmentsTwo-Bedoom2BR,1BA$0.63
Ivy Pointe Apartments2 Bedroom2BR,1BA$0.75
Polynessian Village1 Bed, 1 bath1BR,1BA$0.95
Greenleaf Apartments2 Beds, 1 bath2BR,1BA$0.73

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.

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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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Red Bay

What type of rentals are currently available in Red Bay?

There are currently 48 Apartments for Rent in Red Bay, AL with pricing that ranges from $462 to $1,775. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Bay ranging from $625 to $2,495.

What is the current price range for Rental Homes in Red Bay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Bay ranges from $625 to $2,495 with an average monthly rent of $1,375.

How much are larger Three and Four Bedroom Rentals in Red Bay?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Red Bay range from $609 to $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $545.

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

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.