Cheap Homes for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $700 (44 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.

property at 2813 31st Ave N

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2813 31st Ave N

BirminghamAL35207
property at 55 Hanover Cir

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

55 Hanover Cir

BirminghamAL35205

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.

property at 2801 33rd St N

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2801 33rd St N, Unit 2803

2801 33rd St N
BirminghamAL35207
property at 4236 39th Ave N

$1,100

3 Bedroom, 1 Bath Rentals

Available Now

4236 39th Ave N

BirminghamAL35217
property at 2024 29th St N

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Home for Rent

Available Now

2024 29th St N

BirminghamAL35234

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.

property at 57 Hanover Cir

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

57 Hanover Cir, Unit 220

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.

property at 1801 2nd Ave N

$1,250 - $1,995

1 Bedroom Rentals

Available Now

1801 2nd Ave N

BirminghamAL35203

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.

property at 4236 39th Ave N

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 2 Bath Home for Rent

Available Now

4236 39th Ave N

BirminghamAL35217

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 ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
The Delacroix0 Beds, 1 BathsStudio,1BA$750
614 1st St S1BR/1BA1BR,1BA$750
Cliff PlaceStudio Apartment, LVPStudio,1BA$753
Stratford1 Bedroom / 1 Bathroom Apartment, Second Level1BR,1BA$754
Magnolia CourtStudio ApartmentStudio,1BA$760
Wilbur1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$762
TivoliUnits 1-4, 6-7, 11-13 1 BR / 1 BTH1BR,1BA$782
Montrose and MontclairStudio Apartment - MontroseStudio,1BA$785
SilveradoStudio ApartmentStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace Court2x1 [5th Floor]2BR,1BA$0.96
Places at Red Rocks2 Bedroom2BR,1BA$1.00
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.19
The Marshall on 5th2BR/2BA - B22BR,2BA$1.08
Southside Manor2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.22
Magnolia CreekUnit 19092BR,1BA$0.89
Oak Hill2x1- 1st Floor2BR,1BA$1.20
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.10
Bon Villa Apartments2 Beds, 1 Baths2BR,1BA$1.13
Fitzgerald10-12 1 BR / 1 BTH1BR,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

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.