Apartments for Rent in Alabama under $500
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Studio $450Base rent4.0 (6)3982 Sandfort Rd, Phenix City, AL 36869Apply online • Pet friendly • In unit laundry
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1 bd $287+2 bd $330+Base rent358 E Magnolia Ave, Auburn, AL 36830Pet friendly
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2 bd $450Base rent1387-1389 Hampton Dr., Auburn, AL 36830Pet friendly
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2 bd $425+Base rent215 E. Thach Ave., Auburn, AL 36830Pet friendly -
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Only 1 unit left1 bd $437Base rentMichael Kittinger, Birmingham, AL 35243Apply online -
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Only 1 unit left1 bd $400Base rent3Rd Floor Corner, Birmingham, AL 35243Apply online -
3 bd $370Base rent1851 Bellwood Place, Auburn, AL 36830Pet friendly
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Ask for pricingIncome restricted1350 James I. Harrison, Jr Parkway East, Tuscaloosa, AL 35405Dog friendly • Pool • Dishwasher
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2 bd $395Base rent2107 Steiner Street, Mobile, AL 36605Pet friendly -
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Frequently asked questions
When were prices and availability in Alabama last updated?
Prices and availability in Alabama were last updated on 24 Jun 2026.
What are the best apartments in Alabama?
The best apartments in Alabama are: Ashby at Ross Bridge, Retreat at Greystone, The Lofts at Town Madison, The Mill at Prattville and WildForest Apartments.
What type of rental buildings are in Alabama?
In Alabama 30% of the housing is rented out compared to 70% of homes are owned, according to the most recent Census Bureau estimates. 6% of Alabama's apartments are found in large buildings of 50 units or more, 45% are located in smaller apartment complexes with less than 50 units, and 38% are single-family rentals.
Renting apartments in Alabama under $500
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 20 apartments for rent in Alabama from 10 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.
Finding the best rental near you
Alabama is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $185 in Alabama, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.