
Cheap Homes for Rent in Selma, AL from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


157 E 6th 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.

3805 Co Rd 313

109 Sara Ln
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.

368 Doster St
Selma, AL Local Guide

How much does it cost to rent a home in Selma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Selma 2 Bedroom Homes for Rent | $1,350 | $1,300 | $1,400 |
| Selma 3 Bedroom Homes for Rent | $1,658 | $799 | $2,350 |
| Selma 4 Bedroom Homes for Rent | $2,210 | $1,350 | $2,800 |
| Selma 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Selma 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Top Homes for Rent in Selma
Explore Selma
Selma, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, AL is a 2 Beds unit found at Addison Way priced from $799. Cloverdale Estates in the Maxwell Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Selma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addison Way | 2 Bed/1.5 Bath (1,105 sqft) | 2BR,1BA | $799 |
| Cloverdale Estates | 1x1 | 1BR,1BA | $845 |
| Creekside Apartments | 2 BD/2 BA Remodeled | 2BR,2BA | $939 |
Best Value Apartments for Rent in Selma, AL and Nearby
As of June 23, 2026 the best value apartment in the Selma area is the $1.15 price per square foot The Grove Model at Point at Fairview in the in the Millbrook neighborhood starting from $1,474. The second greatest value Selma apartment is the Montgomery Model at The Mills at 601 starting at $1,364 with a $1.19 price per square foot . Here is today’s list of the best values for Selma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Point at Fairview | The Grove | 3BR,2BA | $1.15 |
| The Mills at 601 | Montgomery | 3BR,2BA | $1.19 |
| Sweetwater Apartments | 2-Bedroom Split | 2BR,2BA | $1.20 |
| Chase Park | 2 bed 2 bath | 2BR,2BA | $1.04 |
| North Court Townhomes | Two Story 2 Bedroom | 2BR,1.5BA | $1.11 |
| Addison Way | 2 Bed/1.5 Bath (1,055 sqft) | 2BR,1.5BA | $0.76 |
| The Castle in Cloverdale | 1 Bed/1 Bath | 1BR,1BA | $1.05 |
| Creekside Apartments | 2 BD/2 BA Remodeled | 2BR,2BA | $1.09 |
| Cloverdale Estates | 1x1 W/D Hookup | 1BR,1BA | $1.19 |
| Courtyard CitiFlats Apartments | 1BD/1BA | 1BR,1BA | $1.04 |
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.
Best Local Schools in Selma, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Selma, AL Rentals by Map
See the most popular apartments and homes in Selma, AL
Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 67 Apartments for Rent in Selma, AL with pricing that ranges from $430 to $2,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $799 to $3,100.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $799 to $3,100 with an average monthly rent of $2,015.
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

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.

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.