Cheap Apartments for Rent in Theodore, AL from $500 (43 Rentals)

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

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Pearson Park Apartments
1 to 3 Bedroom Apartments

Pearson Park Apartments

6845 Carol Plantation RdTheodore, AL 36582
  • 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.

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Spanish Oaks
1 Bedroom Apartments

Spanish Oaks

6232 Spanish Trail DrTheodore, AL 36582

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.

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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.

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Oak Tree Apartments
1 to 2 Bedroom Apartments

Oak Tree Apartments

5675 Old Pascagoula RdMobile, AL 36619
  • Utilities Included

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.

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Lakeview at Cottage Hill
1 to 3 Bedroom Apartments

Lakeview at Cottage Hill

6650 Cottage Hill RdMobile, AL 36695
Corporate Housing
  • Utilities Included
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Grandview Pointe
1 to 2 Bedroom Apartments

Grandview Pointe

6151 Marina Dr SMobile, AL 36605
Corporate Housing

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.

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Showing Results 1-43, Page 1 of 1

Theodore, AL Local Guide

Cheapest Neighborhoods for Apartments in Theodore, AL

Pricing Updated: 05/08/2026

Current apartment rentals in the Theodore, AL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Theodore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Tillmans Corner$2,563$62063

Cheapest Available Theodore Apartments for Rent and Nearby

 

The cheapest available apartment rental in Theodore, AL is a 2 Beds unit found at Harbor Run in the West Mobile neighborhood priced from $675. Montlimar in the West Mobile neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Theodore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harbor Run2BR2BR,2BA$675
Montlimar1 Bedroom1BR,1BA$695
Greenbriar Townhomes2 Beds, 1.5 baths2BR,1BA$727
Hunters Pointe1 Bdrm - 1 Bath1BR,1BA$765
X - Tillman Park Apartments1 Bedroom 1 Bathroom1BR,1BA$776
Acasa Inverness Lakes1 Bed 1 Bath1BR,1BA$781
Plantation Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Coastal Pointe1AGa1BR,1BA$830
Oak Tree Apartments1 Bedroom 1 Bathroom1BR,1BA$850
Clearview ApartmentsOne Bedroom/ One Bath1BR,1BA$875

Best Value Apartments for Rent in Theodore, AL and Nearby

As of May 08, 2026 the best value apartment in the Theodore area is the $0.82 price per square foot 3 Bed 2 Bath Model at Acasa Inverness Lakes in the in the West Mobile neighborhood starting from $1,171. The second greatest value Theodore apartment is the 3 Bedroom 2.5 Bath Model at Sandpiper starting at $1,430 with a $1.06 price per square foot in the West Mobile neighborhood. Here is today’s list of the best values for Theodore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Acasa Inverness Lakes3 Bed 2 Bath3BR,2BA$0.82
Sandpiper3 Bedroom 2.5 Bath3BR,2.5BA$1.06
Cypress Cove Apartment HomesThe Haven2BR,2BA$1.16
The Crossings At Cottage HillTwo Bedroom2BR,2BA$1.15
Rondo Apartments2BR/1.5BA2BR,1.5BA$0.78
Greenbriar Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.66
Heron Lakes ApartmentsNaples2BR,1.5BA$1.14
Harbor Run2BR2BR,2BA$0.69
Park West ApartmentsModena2BR,1BA$1.12
Montlimar1 Bedroom1BR,1BA$0.93

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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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.

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Best Local Schools in
Theodore, AL

School data provided by Great Schools

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Frequently Asked Questions about Cheap Theodore Apartments

What is the price of a cheap apartment in Theodore?

The cheapest apartment in Theodore is Montlimar which is listed at $695, while the average apartment in Theodore costs $2,563.

What types of apartments are the cheapest in Theodore?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Theodore that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Theodore?

Cheap apartments in Theodore have an average cost of $120 which is $2,443 cheaper than the average rent for all rentals in Theodore.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.