Cheap Homes for Rent in Downtown Birmingham Neighborhood of Birmingham, AL from $700 (38 Rentals)

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Search the lowest-cost Homes 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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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
property at 3909 39th Ct N

$1,000

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Now

3909 39th Ct N

BirminghamAL35217

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 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

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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Showing Results 1-38, Page 1 of 1

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. The Bend has the second lowest priced unit, which is a 1 Bed apartment currently listed from $742. Here are the most affordable Downtown Birmingham apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
The BendC-E 1 BR / 1 BTH1BR,1BA$742
The CordelleStudio Apartment, Ground Level, CornerStudio,1BA$759
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775
Clairmont Apartments1 BR / 1 BTH1BR,1BA$790
The Bellows5-6 1 BR / 1 BTH1BR,1BA$793
The Marshall on 3rd4BR/4BA - D14BR,4BA$799
Kisor FlatsC-D 1 BR / 1 BTH1BR,1BA$805

Best Value Apartments for Rent in Downtown Birmingham, AL

As of April 16, 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 2 Bedroom / 1 Bathroom, Ground Floor Model at The Cecil starting at $1,099 with a $1.10 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.
Fix Play Lofts2 Bedroom2BR,1BA$1.15
The Cecil2 Bedroom / 1 Bathroom, Ground Floor2BR,1BA$1.10
Terrace Court1x1 [2nd Floor]1BR,1BA$1.12
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.20
1576 20th St N, Unit D1576 20th St N2BR,1BA$0.81
Laurelton Oaks1.5 Bedroom / 1 Bathroom Apartment, Utilities B...1BR,1BA$1.23
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.18
Places at Red Rocks1 Bedroom1BR,1BA$1.13
Avondale Forest2 Bedroom / 1 Bathroom2BR,1BA$1.22
The Fitzgerald in Five Points5-9 1 BR / 1 BTH1BR,1BA$1.13

Frequently Asked Questions about Downtown Birmingham

What type of rentals are currently available in Downtown Birmingham?

There are currently 458 Apartments for Rent in Downtown Birmingham, AL with pricing that ranges from $595 to $14,545. There are also 144 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Birmingham ranging from $750 to $5,000.

What is the current price range for Rental Homes in Downtown Birmingham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Birmingham ranges from $750 to $5,000 with an average monthly rent of $1,706.

How much are larger Three and Four Bedroom Rentals in Downtown Birmingham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Birmingham range from $1,185 to $4,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $799.

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 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.