
Cheap Apartments for Rent in Steele, AL from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele.


Emerald Court

Mountain Lakes

Quail Ridge at Mallard Pointe

Hunters Landing at Mallard Pointe

Hickory Run II Apartments

Magnolia Terrace Apartments

Englewood 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.

Riverbend Apartments

Summer Waters Apartments

Spring Lake Lodge

Chateau Apartments

Ridgewood Apartments

Pine Ridge

Serenity Montreat Village

Indian Hills
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.

Clay Landings Apartments

Greenbrier Apartments

Flats on Main

Barrington Parc Apartments

Orleans Apartments

Meadows of Alexandria

Arbours at Cane Creek

Coleman Place Apartments
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.

Magnolia Court

Riverwalk

Somerset at Trussville

Harrison Estates Apartments

Sutton Bridge

Townhomes@2001

Shadowood

Ashbrook Apartments
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.

2 W Tuscaloosa Ave

504 Pearl St

416 Perman St SW

16 Little St

97 White Oak Village

600 Marshall St

931 S 11th St

1405 Tuscaloosa Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

120 Chickasaw St

305 S College St
Steele, AL Local Guide

How much does it cost to rent an apartment in Steele?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steele Studio Apartments | $1,126 | $1,056 | $1,298 |
| Steele 1 Bedroom Apartments | $976 | $505 | $1,394 |
| Steele 2 Bedroom Apartments | $1,052 | $525 | $1,574 |
| Steele 3 Bedroom Apartments | $1,310 | $671 | $2,173 |
| Steele 4 Bedroom Apartments | $1,522 | $534 | $1,805 |
Browse Top Apartments in Steele
See all Apartments in SteeleExplore Steele
Steele, AL Local Guide
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Cheapest Available Steele Apartments for Rent and Nearby
 The cheapest available apartment rental in Steele, AL is a 2 Beds unit found at Fox Run priced from $525. Emerald Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Steele apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox Run | 2 Beds, 1 bath | 2BR,1BA | $525 |
| Emerald Court | One Bedroom | 1BR,1BA | $525 |
| Hickory Run II Apartments | 1 Bedroom | 1BR,1BA | $619 |
| Englewood Apartments | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Summer Waters Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $775 |
| Spring Lake Lodge | 1x1 B R | 1BR,1BA | $799 |
| Chateau Apartments | 1 Bed/1 Bath | 1BR,1BA | $799 |
| Clay Landings Apartments | A1 | 1BR,1BA | $825 |
| Serenity Montreat Village | 2 Bed Townhouse | 2BR,1BA | $825 |
| Indian Hills | One Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Steele, AL and Nearby
As of April 14, 2026 the best value apartment in the Steele area is the $0.84 price per square foot 3 BEDROOM FLAT Model at Arbours at Cane Creek in the starting from $1,055. The second greatest value Steele apartment is the 3 Bed Townhouse Model at Serenity Montreat Village starting at $850 with a $0.71 price per square foot . Here is today’s list of the best values for Steele apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbours at Cane Creek | 3 BEDROOM FLAT | 3BR,1.5BA | $0.84 |
| Serenity Montreat Village | 3 Bed Townhouse | 3BR,1.5BA | $0.71 |
| The Pointe @ JSU | 4x4 | 4BR,4BA | $0.46 |
| Barrington Parc Apartments | 2x2 | 2BR,2BA | $0.76 |
| Magnolia Terrace Apartments | 3 Beds / 2 Baths | 3BR,2BA | $0.90 |
| Englewood Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.87 |
| Meadows of Alexandria | 2 Bedroom | 2BR,2BA | $0.97 |
| Emerald Court | One Bedroom | 1BR,1BA | $0.69 |
| Hickory Run II Apartments | 1 Bedroom | 1BR,1BA | $0.83 |
| Fox Run | 2 Beds, 1 bath | 2BR,1BA | $0.74 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Steele, AL Rentals by Map
See the most popular apartments and homes in Steele, AL
Frequently Asked Questions about Cheap Steele Apartments
How much is rent for a Cheap One Bedroom Steele Apartment?
The lowest price for a Cheap One Bedroom Steele Apartment is $525 at Emerald Court.
What is the lowest price for a Cheap Two Bedroom Steele Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Steele is starting from $525 at Fox Run.
What is the most affordable Steele Three Bedroom Apartment?
The best deal on a cheap Steele Three Bedroom Apartment rental is at Hickory Run II Apartments and starts from $779.
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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.