
Cheap Apartments for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $300 (180 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Birmingham area of Birmingham.


1716 32nd Pl N

University Ridge Apartments

2325 10th Ct S

2613 11th Ave S

Terrace Apartments

Montrose and Montclair

The Marshall on 3rd

Market Lofts on Third

1512 11th Ave N
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

DMG Mountainside

The Dulion

The Sheraton

Glen Iris Arms

Places at Red Rocks

Lakeview

1504 12th St S

Carlisle Terrace

The LaSalle

Tower on Tenth
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

915 40th St S

2608 20th Ave N

1340 32nd St S

The Frank

Silver Oak

1227 29th St S

Total Monthly Price
The Ashton

The Irish

Total Monthly Price
Oakmont Apartments

Element 26
Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com

Melrose Place

Clairview Apartments

Met on 7th

Townview

Thomas Jefferson Towers

Bankhead Towers

Piedmont Terrace

20 Midtown

Avondale Point

Park Place
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Advenir at Station 121

Total Monthly Price
University Place

Flanagan Flats

The Dagny

The 700

Highland Riviera

Citizen Birmingham

Southside Station

Carriage Court

Ramsay Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Birmingham, Birmingham, AL Local Guide

How much does it cost to rent an apartment in Downtown Birmingham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Birmingham Studio Apartments | $1,210 | $625 | $2,208 |
| Downtown Birmingham 1 Bedroom Apartments | $1,562 | $695 | $10,000+ |
| Downtown Birmingham 2 Bedroom Apartments | $2,002 | $595 | $8,208 |
| Downtown Birmingham 3 Bedroom Apartments | $2,569 | $1,154 | $6,046 |
| Downtown Birmingham 4 Bedroom Apartments | $1,351 | $799 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 180 rentals with your search options within a 2 mile radius of the Downtown Birmingham Neighborhood of Birmingham, AL.
See all Apartments in BirminghamExplore Birmingham
Downtown Birmingham, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Available Downtown Birmingham Apartments for Rent
 The cheapest available apartment rental in the Downtown Birmingham area of Birmingham, AL is a Studio unit found at University Ridge Apartments priced from $625. Terrace Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Downtown Birmingham apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Ridge Apartments | Studio | Studio,1BA | $625 |
| Terrace Apartments | Studio 1 Bath - Ground Level | Studio,1BA | $715 |
| Clairmont Apartments | 1 BR / 1 BTH | 1BR,1BA | $738 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
| Montrose and Montclair | Studio Apartment - Montrose | Studio,1BA | $741 |
| The Cordelle | Studio Apartment, Ground Level, Corner | Studio,1BA | $769 |
| Manor Village | 2x1 [2nd Floor] | 2BR,1BA | $773 |
| The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $775 |
| The Fitzgerald in Five Points | 5-9 1 BR / 1 BTH | 1BR,1BA | $788 |
| Tivoli | Units 1-4, 6-7, 11-13 1 BR / 1 BTH | 1BR,1BA | $791 |
Best Value Apartments for Rent in Downtown Birmingham, AL
As of March 19, 2026 the best value apartment in the Downtown Birmingham area is the $0.94 price per square foot 2x1 [5th Floor] Model at Terrace Court in the in the Smithfield neighborhood starting from $1,216. The second greatest value Downtown Birmingham apartment is the 2 Bedroom Model at Places at Red Rocks starting at $1,300 with a $1.19 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Downtown Birmingham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrace Court | 2x1 [5th Floor] | 2BR,1BA | $0.94 |
| Places at Red Rocks | 2 Bedroom | 2BR,1BA | $1.19 |
| Cavalier | 1 Bedroom / 1 Bathroom Apartment, Unit 1 | 1BR,1BA | $0.99 |
| Silverado | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.09 |
| Altamont Cliffs | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.17 |
| Lakeview | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $1.05 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
| Manor Village | 2x1 [2nd Floor] | 2BR,1BA | $1.07 |
| The Fitzgerald in Five Points | 5-9 1 BR / 1 BTH | 1BR,1BA | $1.10 |
| The Avondale Apartments | 2 Bedroom / 1 Bathroom Apartment - AFH VLI | 2BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Alabama, including Birmingham. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Birmingham Apartments
What is a cheap apartment in Downtown Birmingham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Birmingham is under $791.
What is the price of a cheap apartment in Downtown Birmingham?
The cheapest apartment in Downtown Birmingham is Clairmont Apartments which is listed at $738, while the average apartment in Downtown Birmingham costs $2,616.
What types of apartments are the cheapest in Downtown Birmingham?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 219 regular apartments in Downtown Birmingham that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Birmingham?
Cheap apartments in Downtown Birmingham have an average cost of $644 which is $1,972 cheaper than the average rent for all rentals in Downtown Birmingham.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
Written by: Larry Allen
Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.