Cheap Apartments for Rent in Peterson, AL from $400 (12 Rentals)

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

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Peterson, AL Local Guide

Cheapest Available Peterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peterson, AL is a 1 Bed unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Forest Lake Apartments in the West Tuscaloosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flex Studio Apartments1BR/1.0BA1BR,1BA$495
Forest Lake ApartmentsSmall One BR1BR,1BA$699
The Oakley1x11BR,1BA$700
The Cottages at Lake Tamaha4BR/4.5BA - Springmore Elite4BR,4BA$765
Ridge View Apartments1 BR 1 BA1BR,1BA$799

Best Value Apartments for Rent in Peterson, AL and Nearby

As of April 18, 2025 the best value apartment in the Peterson area is the $0.92 price per square foot 2BR/2BA - Birchmore Elite Tech Model at The Cottages at Lake Tamaha in the in the Northport North of River neighborhood starting from $1,150. The second greatest value Peterson apartment is the 3Bed - 2Bath Model at High Country Apartments starting at $1,139 with a $1.02 price per square foot in the Skyland McFarland neighborhood. Here is today’s list of the best values for Peterson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cottages at Lake Tamaha2BR/2BA - Birchmore Elite Tech2BR,2BA$0.92
High Country Apartments3Bed - 2Bath3BR,2BA$1.02
Aspen Village Apartment Homes2 Bedroom 1.5 Bath Townhome Aspen Village Mount...2BR,1.5BA$0.99
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
Sun Valley Apartments2 BR 2 BA2BR,2BA$0.98
2800 McFarland2x22BR,2BA$0.90
Fountain Square Apartment Homes2 Bed 1Bath2BR,1BA$1.13
French Quarter ApartmentsOne Bedroom1BR,1BA$1.17
Valley Square Apartments1 BR 1 BA1BR,1BA$0.99
The Oakley1x11BR,1BA$1.13

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Pet Friendly Lifestyle
Peterson, AL

Ranked #125

Among cities in Alabama for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Peterson, AL Rentals by Map

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See the most popular apartments and homes in Peterson, AL

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Frequently Asked Questions about Cheap Peterson Apartments

What is the Cheapest Studio apartment in Peterson?

Currently the most affordable Cheap Studio Apartment in Peterson is at Mountain View Apartment Homes listed at $819.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $495 at Flex Studio Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Peterson is starting from $899 at Eddins Estates Apartments.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at High Country Apartments and starts from $1,139.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.