
Cheap Homes for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $700 (44 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Birmingham area of Birmingham.


2113 23rd St N

2012 18th Pl N

1994 18th Pl N

813 46th St S

4231 40th Ave N

2410 Arlington Crescent

3350 Altamont Rd S, Unit E6
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.

972 53rd St N

2813 31st Ave N

1502 16th Ave S

1329 4th Ave S, Unit 306

3509 Norwood Blvd

2428 21st Ave N

1515 36th Pl N

55 Hanover Cir
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.

2801 33rd St N, Unit 2803

4316 Gadsden St

4236 39th Ave N

2024 29th St N

3373 33rd Pl N

4513 13th Ave N

4305 41st Ave N

1444 31st St N
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.

4303 10th Ave N

57 Hanover Cir, Unit 220

310 Gamma St S

806 Gamma St S

3823 43rd Ave N

1601 48th St N

5811 2nd Ave N, Unit 5811 2nd Ave n

4616 12th Ave N
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.

4217 43rd Ave N

821 50th St N

2308 4th Ave N, Unit 611

2308 4th Ave N, Unit 211

2308 4th Ave N, Unit 411

1319 31st St N

848 42nd Pl N

1801 2nd Ave N
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2308 4th Ave N, Unit 1007

2308 4th Ave N, Unit 607

4236 39th Ave N

1711 Valley Ave
Downtown Birmingham, Birmingham, AL Local Guide

How much does it cost to rent a home in Downtown Birmingham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Birmingham 2 Bedroom Homes for Rent | $1,768 | $750 | $5,000 |
| Downtown Birmingham 3 Bedroom Homes for Rent | $1,626 | $850 | $3,500 |
| Downtown Birmingham 4 Bedroom Homes for Rent | $1,853 | $1,195 | $2,500 |
| Downtown Birmingham 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Downtown Birmingham Neighborhood of Birmingham, AL.
Explore Birmingham
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 Delacroix has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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 |
| The Delacroix | 0 Beds, 1 Baths | Studio,1BA | $750 |
| 614 1st St S | 1BR/1BA | 1BR,1BA | $750 |
| Cliff Place | Studio Apartment, LVP | Studio,1BA | $753 |
| Stratford | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $754 |
| Magnolia Court | Studio Apartment | Studio,1BA | $760 |
| Wilbur | 1 Bedroom / 1 Bathroom Apartment, Ground Level | 1BR,1BA | $762 |
| Tivoli | Units 1-4, 6-7, 11-13 1 BR / 1 BTH | 1BR,1BA | $782 |
| Montrose and Montclair | Studio Apartment - Montrose | Studio,1BA | $785 |
| Silverado | Studio Apartment | Studio,1BA | $787 |
Best Value Apartments for Rent in Downtown Birmingham, AL
As of July 16, 2026 the best value apartment in the Downtown Birmingham area is the $0.96 price per square foot 2x1 [5th Floor] Model at Terrace Court in the in the Smithfield neighborhood starting from $1,239. The second greatest value Downtown Birmingham apartment is the 2 Bedroom Model at Places at Red Rocks starting at $1,099 with a $1.00 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 | $0.96 |
| Places at Red Rocks | 2 Bedroom | 2BR,1BA | $1.00 |
| DMG Mountainside | Mtn Two Bedroom Two Bath | 2BR,2BA | $1.19 |
| The Marshall on 5th | 2BR/2BA - B2 | 2BR,2BA | $1.08 |
| Southside Manor | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.22 |
| Magnolia Creek | Unit 1909 | 2BR,1BA | $0.89 |
| Oak Hill | 2x1- 1st Floor | 2BR,1BA | $1.20 |
| Lakeview | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $1.10 |
| Bon Villa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.13 |
| Fitzgerald | 10-12 1 BR / 1 BTH | 1BR,1BA | $1.17 |
Frequently Asked Questions about Downtown Birmingham
What type of rentals are currently available in Downtown Birmingham?
There are currently 453 Apartments for Rent in Downtown Birmingham, AL with pricing that ranges from $595 to $14,545. There are also 168 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Birmingham ranging from $750 to $5,500.
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 $5,500 with an average monthly rent of $2,176.
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 $875 to $4,457, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $659.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.