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Updated 1 Day Ago

Location

516 Olde Towne Ln, Alabaster, AL 35007, USA

Tour 516 Olde Towne Ln

Contact

FirstKey Homes

(844) 200-4402

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Balcony
  • Extra storage
  • Images Available

Great for

  • Work-from-home

Amenities for 516 Olde Towne Ln

Features

Balcony

Appliances

Garbage Disposal

Community

BasementLaundry Hookups
Onsite Laundry

Grounds

StorageSwimming Pool

Services

On-Site Management
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

All Policy

Allowed
Limit3

Questions about this property’s policies and fees?

About 516 Olde Towne Ln

HomeHouses in Alabaster 516 Olde Towne Ln, Alabaster, AL 35007, USA

Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 4-bedroom, 2.5-bathroom rental home in Alabaster, AL, might be the perfect fit for your lifestyle. Relax and unwind on the private patio/balcony. Large closets make it easy to stay organized. Extra storage gives you more room for everyday items. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about pre-leasing on the Pre-Leasing page of the FirstKey Homes website. This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see the Rental Fees page on the FirstKey Homes website. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent; you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities (including St. Louis and Chicago) require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 516 Olde Towne Ln compares to other nearby properties.

Positives

Balcony
Easy access to the outdoors
Extra storage
In-unit features
Images Available
There are at least 10 photos of this property
Pool
Enhanced community features

Address details

Zip code35007
TypeHouse for rent

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Rent trends in Alabaster

4-bedroom apartments at 516 Olde Towne Ln cost about 7% more than the average rent price for 4-bedroom apartments in Alabaster.

Median rents as of Oct 17 2026.
Alabaster
A table of 4-bedroom apartment rental data trends in Alabaster
MonthMedian Rent
November 2024$1,846
December 2024$1,795
January 2025$1,913
February 2025$2,030
March 2025$2,068
April 2025$1,980
May 2025$1,936
June 2025$1,928
July 2025$1,975
August 2025$1,945
September 2025$2,042
October 2025$2,283
November 2025$2,145
December 2025$2,160
January 2026$1,921
February 2026$1,887
March 2026$1,784
April 2026$1,789
May 2026$1,909
June 2026$2,042
July 2026$2,119
August 2026$2,091
September 2026$2,067
October 2026$2,225

Affordability calculator

Can I afford to live at 516 Olde Towne Ln?

Bedrooms

4+ bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$94,040/yr

With your selected rent-to-income ratio, you'd ideally want to make $94,040 annually to afford this 4-bedrooms monthly rent price of $2,351.
For more information on rent affordability, visit our rent calculator.

Schools near 516 Olde Towne Ln

Thompson Intermediate School

1509 kent dairy rd

alabaster, AL, 35007

4-5Public
A-

Creek View Elementary

8568 hwy 17

maylene, AL, 35114

PK, K-3Public
A

Pelham Ridge Elementary School

251 applegate parkway

pelham, AL, 35124

K-5Public
A-

Pelham Oaks Elementary School

2200 hwy 33

pelham, AL, 35124

K-5Public
A-

Oxmoor K-5

3600 sydney dr

birmingham, AL, 35211

PK, K-5Public
C-
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Alabaster near 516 Olde Towne Ln

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 516 Olde Towne Ln, Alabaster

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

2/10
No elementary schools within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

0/10
Minimal park space nearby

Nightlife

1/10
Few or no bars within walking distance

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