Cheap Apartments for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $300 (238 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Birmingham area of Birmingham.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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property at 1504 12th St S

$700 - $1,100

1 To 2 Bedroom Rentals

Available Now

1504 12th St S

BirminghamAL35205
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University Place
$899 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $2,050
Total Monthly Price
$899 - $2,050
Studio to 2 Bedroom Apartments Available Now

University Place

951 18th St SBirmingham, AL 35205
Student Housing
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  • Utilities Included

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.

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Highland Cliffs
$900 - $1,192
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,192
Total Monthly Price
$900 - $1,192
1 Bedroom Apartments Available Now

Highland Cliffs

3401 Cliff RdBirmingham, AL 35205
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Cliff Terrace
$921 - $1,368
Total Monthly Price

Total Monthly Price

Base Rent
$921 - $1,368
Total Monthly Price
$921 - $1,368
1 to 2 Bedroom Apartments Available Now

Cliff Terrace

3477 Cliff Ter SBirmingham, AL 35205
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Fox Hall
$924 - $1,252
Total Monthly Price

Total Monthly Price

Base Rent
$924 - $1,252
Total Monthly Price
$924 - $1,252
1 to 2 Bedroom Apartments Available Now

Fox Hall

1613 13th Ave SBirmingham, AL 35205
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property at 55 Hanover Cir

$1,000 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,500
Total Monthly Price
$1,000 - $1,500

1 To 2 Bedroom Condos for Rent

Available Now

55 Hanover Cir

BirminghamAL35205

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

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property at 57 Hanover Cir

$1,100 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,500
Total Monthly Price
$1,100 - $1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

57 Hanover Cir

BirminghamAL35205
property at 1022 28th Pl S

$1,100 - $2,700

1 To 4 Bedroom Rentals

Available Now

1022 28th Pl S

BirminghamAL35205

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.

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Showing Results 1-50, Page 1 of 5

Downtown Birmingham, Birmingham, AL Local Guide

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 ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
Tower on TenthFive PointsStudio,1BA$735
614 1st St S1BR/1BA1BR,1BA$750
The CordelleStudio Apartment, Ground Level, CornerStudio,1BA$759
Element 261x1 [1st Floor, Street Facing]1BR,1BA$760
Montrose and MontclairStudio Apartment - MontclairStudio,1BA$764
Carlisle TerraceStudio Apartment, Type B, Courtyard FacingStudio,1BA$773
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775

Best Value Apartments for Rent in Downtown Birmingham, AL

As of May 03, 2026 the best value apartment in the Downtown Birmingham area is the $1.15 price per square foot 2 Bedroom Model at Fix Play Lofts in the in the Smithfield neighborhood starting from $1,599. The second greatest value Downtown Birmingham apartment is the 1425 13th St S Model at 1425 13th St S, Unit A starting at $1,450 with a $1.06 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Downtown Birmingham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fix Play Lofts2 Bedroom2BR,1BA$1.15
1425 13th St S, Unit A1425 13th St S2BR,1BA$1.06
Terrace Court1x1 [2nd Floor]1BR,1BA$1.12
The Marshall on 5th2BR/2BA - B22BR,2BA$1.09
1576 20th St N, Unit D1576 20th St N2BR,1BA$0.81
Duncan Flats1 Bedroom / 1 Bathroom Apartment1BR,1BA$1.07
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.18
The Richmond1.5 Bedroom / 2 Bathroom Apartment, B1BR,2BA$1.00
Oakmont Apartments1 Bedroom / 1 Bathroom Apartment1BR,1BA$1.20
Places at Red Rocks1 Bedroom1BR,1BA$1.13

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash 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.

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Quick 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.

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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 $775.

What is the price of a cheap apartment in Downtown Birmingham?

The cheapest apartment in Downtown Birmingham is 614 1st St S which is listed at $750, while the average apartment in Downtown Birmingham costs $2,614.

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 183 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 $761 which is $1,853 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

decorative image for Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.