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Apartments for Rent in Alabama under $500
50 Rentals Available

  • 4 days ago

    3982 Sandfort Rd, Phenix City, AL 36869
    STUDIO $450
  • Today

    3Rd Floor Corner, Birmingham, AL 35243
    1 BED $400
  • Today

    23 Shade Lane, Shelby, AL 35143
    STUDIO $300
  • Today

    102 Clinton Avenue West, Huntsville, AL 35801
    STUDIO $3,997
  • Today

    3912 Brookmont Drive, Mobile, AL 36605
    3 BEDS $500
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  • Today

    1310 34Th St S, Birmingham, AL 35205
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    100 Village Square, Russellville, AL 35654
    1 BED Ask for Pricing
  • Today

    10 Grace Road, Phenix City, AL 36870
    STUDIO Ask for Pricing
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  • Today

    863 Lee Rd. 234, Phenix City, AL 36870
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2+ BEDS Ask for Pricing
  • Today

    933 23Rd St South, Birmingham, AL 35205
    1 BED Ask for Pricing
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  • Today

    3311 Woodley Court, Birmingham, AL 35216
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • Today

    2586 Lee Rd. 208, Phenix City, AL 36870
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    2+ BEDS Ask for Pricing
  • Today

    15 Windsweep Court, Phenix City, AL 36870
    2 BEDS Ask for Pricing
  • Today

    1710 2Nd Avenue North, Birmingham, AL 35203
    2 BEDS Ask for Pricing
  • Today

    2301 3Rd Avenue North, Birmingham, AL 35203
    STUDIO Ask for Pricing
  • Today

    3001 Richard Arrington Jr, Blvd N, Birmingham, AL 35203
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  • Today

    2071 Alpine Village, Hoover, AL 35216
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  • Today

    7744 Madrid Ave, Birmingham, AL 35206
    2 BEDS Ask for Pricing
  • Today

    1052 Bay Springs Road, Centre, AL 35960
    Income Restricted
    STUDIO Ask for Pricing
  • Today

    3614 6Th Avenue South, Birmingham, AL 35222
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  • Today

    100 Paul Street, Enterprise, AL 36330
    Income Restricted
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  • Today

    1042 Bay Springs Road, Centre, AL 35960
    Income Restricted
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  • Today

    751 Moore Road, Andalusia, AL 36420
    Income Restricted
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  • Today

    1056 Comer Street, Alexander City, AL 35010
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    351 Conti Street, Mobile, AL 36602
    Income Restricted
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    1 BED Ask for Pricing
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Getting around in Alabama, AL

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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 16 Jan 2025.

What are the best apartments in Alabama?

The best apartments in Alabama are: Ashby at Ross Bridge, The Mill at Prattville, Inkwell on Grandview, Marbella and The Kelvin 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

Searching for apartments for rent in Alabama under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Alabama, where the average rent is $450 per month, there are 49 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Alabama. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Alabama going for $400 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!