Cheap Apartments for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $300 (175 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 737 47th St N

$750 - $795

2 Bedroom Rentals

Available Now

737 47th St N

BirminghamAL35212
property at 1504 12th St S

$700 - $1,100

1 To 2 Bedroom Rentals

Available Now

1504 12th St S

BirminghamAL35205

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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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. Cliff Place has the second lowest priced unit, which is a Studio apartment currently listed from $713. Here are the most affordable Downtown Birmingham apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Cliff PlaceStudio ApartmentStudio,1BA$713
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Clairmont Apartments1 BR / 1 BTH1BR,1BA$744
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Ground Floor,...1BR,1BA$766
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770
Stratford1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$772
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775
TivoliUnits 1-4, 6-7, 11-13 1 BR / 1 BTH1BR,1BA$782
DMG MountainsideMtn One Bedroom1BR,1BA$784

Best Value Apartments for Rent in Downtown Birmingham, AL

As of February 01, 2026 the best value apartment in the Downtown Birmingham area is the $1.19 price per square foot 2 Bedroom Model at Places at Red Rocks in the in the Smithfield neighborhood starting from $1,300. The second greatest value Downtown Birmingham apartment is the 2 Bedroom / 1 Bathroom, Ground Floor Model at The Cecil starting at $1,223 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Places at Red Rocks2 Bedroom2BR,1BA$1.19
The Cecil2 Bedroom / 1 Bathroom, Ground Floor2BR,1BA$1.23
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.09
1512 11th Ave NStandard2BR,1.5BA$0.94
Silverado2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.07
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.11
Park PlaceWisteria1BR,1BA$1.17
Oakmont Apartments1 Bedroom / 1 Bathroom Apartment1BR,1BA$1.18
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Avondale Apartments2 Bedroom / 1 Bathroom Apartment - AFH VLI2BR,1BA$1.19

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 $784.

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

The cheapest apartment in Downtown Birmingham is Southridge Apartments which is listed at $740, while the average apartment in Downtown Birmingham costs $2,218.

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 195 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 $822 which is $1,396 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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.