
Cheap Homes for Rent in Selma, AL from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


910 Peachtree St

1405 Upper Kingston Rd
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.

368 Doster St

680 River Rd

220 Joyce St
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.
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 | $1,062 | $975 | $1,150 |
| Selma 3 Bedroom Homes for Rent | $1,774 | $799 | $2,700 |
| Selma 4 Bedroom Homes for Rent | $1,811 | $1,200 | $2,400 |
| Selma 5 Bedroom Homes for Rent | $2,925 | $2,500 | $3,100 |
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Selma, AL Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, AL is a 1 Bed unit found at Magnolia Village priced from $610. Addison Way has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Selma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Village | 1 Bed, 1 bath | 1BR,1BA | $610 |
| Addison Way | 2 Bed/1.5 Bath (1,105 sqft) | 2BR,1BA | $799 |
| Cloverdale Estates | 1x1 | 1BR,1BA | $845 |
Best Value Apartments for Rent in Selma, AL and Nearby
As of August 08, 2026 the best value apartment in the Selma area is the $1.18 price per square foot Henry Model at Highland Lakes Apartment Homes in the in the Prattville neighborhood starting from $1,495. The second greatest value Selma apartment is the C2R Model at Trilliam starting at $1,254 with a $1.00 price per square foot in the Chilton County neighborhood. 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. |
|---|---|---|---|
| Highland Lakes Apartment Homes | Henry | 3BR,2BA | $1.18 |
| Trilliam | C2R | 3BR,2BA | $1.00 |
| Sweetwater Apartments | 2-Bedroom Split | 2BR,2BA | $1.20 |
| Point at Fairview | The Homestead | 2BR,2BA | $1.15 |
| Addison Way | 2 Bed/1.5 Bath (1,055 sqft) | 2BR,1.5BA | $0.76 |
| Retreat at 445 | 2x2 | 2BR,2BA | $1.27 |
| Creekside Apartments | 2 BD/2 BA Remodeled | 2BR,2BA | $1.09 |
| Arbours at Victoria Place | Gracelyn | 2BR,1BA | $1.35 |
| Cloverdale Estates | 1x1 W/D Hookup | 1BR,1BA | $1.19 |
| Magnolia Village | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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.
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Best Local Schools in Selma, AL
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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 $3,816. There are also 30 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 $1,886.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.