Cheap Apartments for Rent near Red Level, AL from $400 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
University Corners
Rent Specials
$479 - $535
Total Monthly Price

Total Monthly Price

Base Rent
$479 - $535

Total Monthly Price
$479 - $535
1 to 4 Bedroom Apartments Available Now

University Corners

250 University AveTroy, AL 36081
Student Housing
  • Verified
  • Utilities Included

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.

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.

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.

close
View Me
Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460

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.

close
View Me
Katie Manor
1 to 2 Bedroom Apartments

Katie Manor

639 Brookmeade DrCrestview, FL 32539
Senior Living
  • Utilities Included

Red Level, AL Local Guide

Cheapest Available Red Level Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Level, AL is a 4 Beds unit found at University Corners priced from $535. 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 Red Level apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$535
Susanna RidgeThree Bedrooms3BR,2BA$600
Brewington Pointe Apartments2 Beds, 1 bath2BR,1BA$615
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Camellia Place2 Bed/1 Bath2BR,1BA$645
Commerce Street Manor Apartments1 Bed/1 Bath1BR,1BA$669
Ivy Village1 Bed, 1 bath1BR,1BA$700
River Run Apartments2 Beds, 1 bath2BR,1BA$705
Perdue Village Apartments2 Bed/ 1 Bath2BR,1BA$769
Willow Terrace Apartments1 Bed/1 Bath1BR,1BA$799

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

As of July 09, 2026 the best value apartment in the Red Level area is the $0.53 price per square foot Franklin Model at Ivy Row Troy in the starting from $825. The second greatest value Red Level apartment is the Three Bedrooms Model at Susanna Ridge starting at $600 with a $0.52 price per square foot . Here is today’s list of the best values for Red Level apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Row TroyFranklin3BR,3.5BA$0.53
Susanna RidgeThree Bedrooms3BR,2BA$0.52
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.91
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
Forest AcresGrand Slam3BR,2BA$1.02
Brewington Pointe Apartments2 Beds, 1 bath2BR,1BA$0.62
Perdue Village Apartments2 Bed/ 1 Bath2BR,1BA$0.86
River Run Apartments2 Beds, 1 bath2BR,1BA$0.81
Heron Cove1 BEDROOM1BR,1BA$1.06
Ivy Village1 Bed, 1 bath1BR,1BA$1.00

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Red Level, AL Rentals by Map

View Map
Red Level, AL Apartments Map
View Map
Red Level, AL Rental Homes Map

Frequently Asked Questions about Cheap Red Level Apartments

How much is rent for a Cheap One Bedroom Red Level Apartment?

The lowest price for a Cheap One Bedroom Red Level Apartment is $625 at Wooddale Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Red Level is starting from $615 at Brewington Pointe Apartments.

What is the most affordable Red Level Three Bedroom Apartment?

The best deal on a cheap Red Level 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.