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Orange Beach, AL Townhomes for Rent

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    $2,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,437 Sq Ft
    • Townhouse for Rent

    4144 Lost Bay Dr, Orange Beach, AL 36561

    Brand-new 3 bed, 2.5 bath townhouse in the heart of Orange Beach! This end unit offers extra privacy, natural light, and peaceful pond views from the patio. Features include granite countertops, stainless steel appliances, a 1-car garage, and a built-in Tesla charger. Conveniently located in the Orange Beach, near shopping, dining, and the beach for easy coastal living.

    John Keele Signature Properties

    4144 Lost Bay Dr, Orange Beach, AL 36561
  • /3

    $2,300 Per Month

    • 3 Beds
    • 2 Baths
    • Townhouse for Rent

    4302 Lost Bay Dr, Orange Beach, AL 36561

    Built in 2025 Welcome to Lost Bay, a new home community with a prime location in stunning Orange Beach, Alabama. Nestled in a serene, secluded setting, these townhomes offer the perfect blend of comfort, convenience, and privacy. With two stylish floor plans to choose from, these new homes are designed to meet the needs of today's families, providing a welcoming

    4302 Lost Bay Dr, Orange Beach, AL 36561
  • /5

    $2,300 Per Month

    • 3 Beds
    • 2 Baths
    • Townhouse for Rent

    4306 Lost Bay Dr, Orange Beach, AL 36561

    Built in 2025 Welcome to Lost Bay, a new home community with a prime location in stunning Orange Beach, Alabama. Nestled in a serene, secluded setting, these townhomes offer the perfect blend of comfort, convenience, and privacy. With two stylish floor plans to choose from, these new homes are designed to meet the needs of today's families, providing a welcoming

    4306 Lost Bay Dr, Orange Beach, AL 36561
  • /24

    $2,250 Per Month

    • 3 Beds
    • 3 Baths
    • 1,437 Sq Ft
    • Townhouse for Rent

    4148 Lost Bay Dr, Orange Beach, AL 36561

    This spacious 2-story townhome features 1,437 square feet, 3 bedrooms, 2.5 bathrooms, and a 1-car garage. The main level welcomes you with a bright entryway leading into a thoughtfully designed open floor plan. The stylish kitchen overlooks the dining and living areas, creating the perfect space for entertaining or relaxing. A convenient half bath is located on the first floor, and the living

    4148 Lost Bay Dr, Orange Beach, AL 36561

Frequently Asked Questions

How much does it cost to rent a townhouse in Orange Beach, AL?
The median rent for a townhouse in Orange Beach, AL is $1,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Orange Beach, AL?
To comfortably afford the median rent in Orange Beach, AL, a household needs to earn roughly $112,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,800 per month in Orange Beach, AL, renters typically need to show $8,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Orange Beach, AL?
In Orange Beach, AL, the price-to-rent ratio is 19.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Orange Beach, AL are best for renting a townhouse?
The best neighborhood for renting in Orange Beach, AL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Southwest Pensacola and Warrington, each with its own character and price range.

Rental Home Trends

Number of Townhouses for Rent
4
Median Townhouse Rent
$1,800
Median 3 Bedroom Townhouse Rent
$1,650
Median 4 Bedroom Townhouse Rent
$1,800
How to Rent a Home