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Cheap Apartments

Cheap Apartments

Sluggish economy, faltering housing market forces apartments and condominiums to slash rent, offer huge move-in specials


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In an area known for luxury apartments and plush, high-rise condominiums, living near Baldwin County's beaches has become "dirt cheap."
Signs and billboards posted along Highway 59 in Foley and Gulf Shores are urging potential renters to check out unbelievable rent specials and deals at local apartment communities.

"My electric bill in December was 26 dollars," says new apartment renter Charlie O'Neil. O'Neil just moved into the Columns on the Foley Beach Express in Orange Beach. "That's unbelievable! It's a big advantage for me to not have all those utility bills."

Elaine Freeman manages the Columns, one of many luxury apartment communities offering "free" rent and other move-in specials. Freeman says the incentives will help struggling families and help the company financially.

"They care about people, they have compassion for people who are suffering with the economy and that's where the lower rents come from."

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