Cheap Homes for Rent in the Downtown Birmingham Neighborhood of Birmingham, AL from $699 (36 Rentals)

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

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 55 Hanover Cir

$1,000 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,100

Total Monthly Price
$1,000 - $1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

55 Hanover Cir

BirminghamAL35205

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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 BERKLEY APARTMENTS priced from $585. University Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Downtown Birmingham apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
BERKLEY APARTMENTS0BR/1.0BAStudio,1BA$585
University Ridge ApartmentsStudioStudio,1BA$625
PARK MANOR0BR/1.0BAStudio,1BA$699
614 1st St S1BR/1BA1BR,1BA$750
Element 26Studio [1st Floor, Parking Lot Facing]Studio,1BA$751
DMG MountainsideMtn One Bedroom1BR,1BA$760
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775
Cliff PlaceStudio Apartment, LVPStudio,1BA$782
Wilbur1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$794

Best Value Apartments for Rent in Downtown Birmingham, AL

As of August 30, 2026 the best value apartment in the Downtown Birmingham area is the $1.07 price per square foot 2 Bedroom Model at Fix Play Lofts in the in the Smithfield neighborhood starting from $2,399. The second greatest value Downtown Birmingham apartment is the 3BD 1 BATH Model at 621 19th Ct S starting at $1,500 with a $1.07 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$1.07
621 19th Ct S3BD 1 BATH3BR,1BA$1.07
Rhodes Villas2 Bedroom / 2 Bathroom Apartment with Washer/Dr...2BR,2BA$0.95
Lumen in BirminghamC23BR,3BA$0.94
Places at Red Rocks1 Bedroom1BR,1BA$0.86
DMG MountainsideMtn Two Bedroom One Bath2BR,1BA$1.11
Glynwood Apartments2BR/1.0BA2BR,1BA$0.94
Magnolia CreekUnit 19922BR,1BA$0.89
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.10
PARK MANOR0BR/1.0BAStudio ,1BA$1.10

Frequently Asked Questions about Downtown Birmingham

What type of rentals are currently available in Downtown Birmingham?

There are currently 461 Apartments for Rent in Downtown Birmingham, AL with pricing that ranges from $595 to $14,545. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Birmingham ranging from $699 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 $699 to $5,000 with an average monthly rent of $1,633.

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 $1,039 to $4,560, 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 $1,145 and Four Bedroom Apartments start at $785.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.