Cheap Apartments for Rent in Panola, AL from $600 (25 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Panola, AL Local Guide

Cheapest Available Panola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panola, AL is a 1 Bed unit found at Reunion Apartments in the Downtown Columbus MS neighborhood priced from $697. Chanticleer Apartments in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Panola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reunion ApartmentsReserve Apartments 1x11BR,1BA$697
Chanticleer Apartments1 x 1 Flat Newly Renovated1BR,1BA$700
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$725
New Meridian Estates1BR/1BA Upgraded1BR,1BA$730
Fox Run Apartments2 Bedroom2BR,1BA$735

Best Value Apartments for Rent in Panola, AL and Nearby

As of May 14, 2025 the best value apartment in the Panola area is the $1.05 price per square foot Cali Model at The Grove Moundville in the starting from $1,870. The second greatest value Panola apartment is the 3x3 Townhome Model at Magnolia, A Prosper Community starting at $1,460 with a $0.99 price per square foot in the Skyland McFarland neighborhood. Here is today’s list of the best values for Panola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove MoundvilleCali4BR,2BA$1.05
Magnolia, A Prosper Community3x3 Townhome3BR,3BA$0.99
The Colony Apartment HomesThree Bedroom3BR,2BA$1.22
Riverfront VillageCapstone3BR,3BA$0.69
The GlensThree Bedroom3BR,2BA$1.21
Cypress Park Apartments2 Bedroom2BR,2BA$0.99
Fox Run Apartments1 Bedroom1BR,1BA$0.82
Reunion ApartmentsReserve Apartments 1x11BR,1BA$0.93
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$1.05
New Meridian Estates1BR/1BA Upgraded1BR,1BA$1.20

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Frequently Asked Questions about Cheap Panola Apartments

How much is rent for a Cheap One Bedroom Panola Apartment?

The lowest price for a Cheap One Bedroom Panola Apartment is $697 at Reunion Apartments.

What is the lowest price for a Cheap Two Bedroom Panola Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Panola is starting from $735 at Fox Run Apartments.

What is the most affordable Panola Three Bedroom Apartment?

The best deal on a cheap Panola Three Bedroom Apartment rental is at New Meridian Estates and starts from $890.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.