
Cheap Homes for Rent in Peterson, AL from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Peterson.


1515 Kicker Rd

1806 18th E Ave

4308 Vassie Dr

4 The Knoll

4529 1st NE Pl

909 57th Ave E
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Peterson, AL Local Guide

How much does it cost to rent a home in Peterson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peterson 2 Bedroom Homes for Rent | $1,403 | $800 | $2,500 |
Peterson 3 Bedroom Homes for Rent | $1,741 | $1,100 | $2,400 |
Peterson 4 Bedroom Homes for Rent | $2,587 | $1,825 | $4,850 |
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Peterson, AL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Flex Studio Apartments | 1BR/1.0BA | 1BR,1BA | $495 |
Forest Lake Apartments | Small One BR | 1BR,1BA | $699 |
The Oakley | 1x1 | 1BR,1BA | $700 |
Best Value Apartments for Rent in Peterson, AL and Nearby
As of April 29, 2025 the best value apartment in the Peterson area is the $0.96 price per square foot 2BR/2BA - Birchmore Elite Model at The Cottages at Lake Tamaha in the in the Northport North of River neighborhood starting from $1,200. The second greatest value Peterson apartment is the Renovated Olive Model at Water Oak Apartments starting at $1,259 with a $1.01 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Cottages at Lake Tamaha | 2BR/2BA - Birchmore Elite | 2BR,2.5BA | $0.96 |
Water Oak Apartments | Renovated Olive | 2BR,2.5BA | $1.01 |
High Country Apartments | 3Bed - 2Bath | 3BR,2BA | $1.02 |
Aspen Village Apartment Homes | 2 Bedroom 1.5 Bath Townhome Aspen Village Mount... | 2BR,1.5BA | $0.99 |
Copper Creek | 2Bed + 1.5 Bath Townhouse Reno | 2BR,1.5BA | $0.93 |
Sun Valley Apartments | 2 BR 2 BA | 2BR,2BA | $1.00 |
2800 McFarland | 2x2 | 2BR,2BA | $0.90 |
Fountain Square Apartment Homes | 2 Bed 1Bath | 2BR,1BA | $1.13 |
City Heights at Skyland (C.H.A.M.) | Bryant | 1BR,1BA | $0.98 |
Valley Square Apartments | 1 BR 1 BA | 1BR,1BA | $1.00 |
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Frequently Asked Questions about Peterson
What type of rentals are currently available in Peterson?
There are currently 45 Apartments for Rent in Peterson, AL with pricing that ranges from $465 to $4,961. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $800 to $4,850.
What is the current price range for Rental Homes in Peterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterson ranges from $800 to $4,850 with an average monthly rent of $1,910.
How much are larger Three and Four Bedroom Rentals in Peterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterson range from $859 to $4,873, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $765.
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.

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.

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.

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.

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.