
Cheap Homes for Rent in Theodore, AL from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Theodore.


9600 Jeff Hamilton Rd

207 Riverbend Dr

4734 Clarendon Dr

5608 Cottage Hill Rd
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.

3910 Charmaine Cir

3311 Alba Club Rd

6880 Williamsburg Ct

1806 Gill Rd

5920 Windy Hill Cir S
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.

6201 Three Notch Rd

2114 Highland Ct

1258 Charmaine Cir

5855 Andrew Rd

2312 Hillwood Dr E
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.
Theodore, AL Local Guide

How much does it cost to rent a home in Theodore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Theodore 2 Bedroom Homes for Rent | $1,249 | $1,150 | $1,400 |
| Theodore 3 Bedroom Homes for Rent | $1,613 | $1,100 | $4,450 |
| Theodore 4 Bedroom Homes for Rent | $2,399 | $1,550 | $3,295 |
| Theodore 5 Bedroom Homes for Rent | $2,500 | $2,400 | $2,600 |
Browse Top Homes for Rent in Theodore
Explore Theodore
Theodore, AL Local Guide
- Theodore Neighborhoods
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Cheapest Neighborhoods for Apartments in Theodore, AL
Pricing Updated: 05/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Tillmans Corner | $2,095 | $650 | 78 |
Cheapest Available Theodore Apartments for Rent and Nearby
 The cheapest available apartment rental in Theodore, AL is a 1 Bed unit found at Montlimar in the West Mobile neighborhood priced from $695. Oak Tree Apartments in the West Mobile neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Theodore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montlimar | 1 Bedroom | 1BR,1BA | $695 |
| Oak Tree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| Hunters Pointe | 1 Bdrm - 1 Bath | 1BR,1BA | $765 |
| Harbor Run | 2BR | 2BR,2BA | $775 |
| X - Tillman Park Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $776 |
Best Value Apartments for Rent in Theodore, AL and Nearby
As of May 30, 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 $1,288 with a $0.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Acasa Inverness Lakes | 3 Bed 2 Bath | 3BR,2BA | $0.82 |
| Sandpiper | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $0.95 |
| The Oakley at Hillcrest | Prestige | 2BR,2BA | $1.10 |
| Rondo Apartments | 2BR/1.5BA | 2BR,1.5BA | $0.78 |
| Harbor Run | 2BR | 2BR,2BA | $0.79 |
| Cypress Cove Apartment Homes | The Cypress | 1BR,1BA | $1.31 |
| Montlimar | 1 Bedroom | 1BR,1BA | $0.93 |
| Greenbriar Townhomes | 2BR | 2BR,1.5BA | $1.16 |
| X - Tillman Park Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.27 |
| Hunters Pointe | 1 Bdrm - 1 Bath | 1BR,1BA | $1.20 |
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 Theodore, AL
Nan Gray Davis Elementary School
Katherine H Hankins Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Theodore
What type of rentals are currently available in Theodore?
There are currently 52 Apartments for Rent in Theodore, AL with pricing that ranges from $650 to $1,892. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Theodore ranging from $675 to $4,450.
What is the current price range for Rental Homes in Theodore?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Theodore ranges from $675 to $4,450 with an average monthly rent of $1,631.
How much are larger Three and Four Bedroom Rentals in Theodore?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Theodore range from $760 to $1,892, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,450. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,389.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.