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$579 - $1,335Studio to 2 Bedroom Apartments Available Now
McCormic II Apartments
1327 16th St SBirmingham, AL 35205
Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $500 (111 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points South area of Birmingham.
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$625 - $1,585Studio to 2 Bedroom Apartments Available Now
University Ridge Apartments
1321 17th Ave SBirmingham, AL 35205
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$756 - $1,1221 to 2 Bedroom Apartments Available Now
Element 26
1608-1620 14th Ave SBirmingham, AL 35205
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$758 - $944
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$758 - $944
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$758 - $944
Magnolia Court
1147 14th Ave SBirmingham, AL 35205
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$770 - $935Studio to 1 Bedroom Apartments Available Now
Terrace Apartments
2141 17th Ave SBirmingham, AL 35205
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$7991 Bedroom Apartments Available Sep 16
Southwood Gardens
1324 14th Ave SBirmingham, AL 35205
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$810 - $1,325Studio to 2 Bedroom Apartments Available Now
The Dulion
2030 11th Ave SBirmingham, AL 35205
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$820 - $1,003
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1 Bedroom Apartments Available NowTotal Monthly Price
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$820 - $1,003
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$820 - $1,003
Charleston Court
2155 11th Ct SBirmingham, AL 35205
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$832 - $3,553Studio to 3 Bedroom Apartments Available Now
DMG Mountainside
101 Penthouse DrBirmingham, AL 35205
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$850 - $1,5001 to 2 Bedroom Apartments Available Now
Places at Red Rocks
1534 17th StBirmingham, AL 35205
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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$871 - $1,300Studio to 2 Bedroom Apartments Available Now
Silver Oak
1144 16th Ave SBirmingham, AL 35205
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$880 - $1,100Studio to 1 Bedroom Apartments Available Now
The LaSalle
2020 11th Ave SBirmingham, AL 35205
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$885 - $1,2161 to 2 Bedroom Apartments Available Now
Breezeway
1644 12th St SBirmingham, AL 35205
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$899 - $2,315
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$899 - $2,315
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$899 - $2,315
University Place
951 18th St SBirmingham, AL 35205
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$919 - $1,301Studio to 2 Bedroom Apartments Available Now
Flats on 15th
1322 15th Ave SBirmingham, AL 35205
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$949 - $1,1031 Bedroom Apartments Available Now
Terrace View
1301 18th Ave SBirmingham, AL 35205
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$963 - $1,1181 Bedroom Apartments Available Now
The Irish
1200 18th Ave SBirmingham, AL 35205
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$964 - $1,140
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1 Bedroom Apartments Available NowTotal Monthly Price
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$964 - $1,140
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$964 - $1,140
Mesa Verde
731 16th Ave SBirmingham, AL 35205
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$984 - $1,1151 to 2 Bedroom Apartments Available Now
Townview
1517 16th Ave SBirmingham, AL 35205
208
1801 2nd Ave N
BirminghamAL35203
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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$1,009 - $2,2391 to 2 Bedroom Apartments Available Now
Thomas Jefferson Towers
1623 2nd Ave NBirmingham, AL 35203
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$1,016 - $1,3871 to 2 Bedroom Apartments Available Now
Terrace Court
1124 20th St SBirmingham, AL 35205
1741 15th Ave S
BirminghamAL35205
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$1,064 - $2,419Studio to 2 Bedroom Apartments Available Now
The Ellison
2000 2nd Ave SBirmingham, AL 35233
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$1,0952 Bedroom Apartments Available Now
Warwick Manor
1703 Richard Arrington Junior Blvd SBirmingham, AL 35205
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$1,099Studio Apartments Available Now
Citizen Birmingham
300 18th St SBirmingham, AL 35233
1329 4th Ave S, Unit 306
1329 4th Ave S
BirminghamAL35233
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$1,149 - $2,3991 to 3 Bedroom Apartments Available Now
The Ellys
1101 10th Plz SBirmingham, AL 35205
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$1,214 - $1,7891 to 2 Bedroom Apartments Available Now
Rise Lakeview
2808 7th Ave SBirmingham, AL 35233
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$1,233 - $3,856Studio to 3 Bedroom Apartments Available Now
20 Midtown
2014 3rd Ave SBirmingham, AL 35233
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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$1,245 - $2,025Studio to 2 Bedroom Apartments Available Now
Iron City Lofts
2725 4th Ave SBirmingham, AL 35233
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$1,349 - $3,061Studio to 2 Bedroom Apartments Available Now
The Fitzroy
2400 1st Ave SBirmingham, AL 35233
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$1,359 - $1,5842 Bedroom Apartments Available Now
Idlewild
685 Idlewild CirBirmingham, AL 35205
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$1,393 - $8,156
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$1,393 - $8,156
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Cortland Vesta
2173 Highland Ave SBirmingham, AL 35205
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$1,400 - $1,8751 to 2 Bedroom Apartments Available Now
The Waites
707 Richard Arrington Jr Blvd SBirmingham, AL 35233
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1 Bedroom Apartments
Magnolia South Apartment Homes
1028 22nd St SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
Drake and Madrid
1931 15th Ave SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
Park Manor
1301 20th St SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
The Bellows
1438 18th St SBirmingham, AL 35205
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1 Bedroom Apartments
The Bend
1325 13th Ave SBirmingham, AL 35205
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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Studio to 2 Bedroom Apartments
The Delacroix
1171 16th Ave SBirmingham, AL 35205
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Studio to 2 Bedroom Apartments
Highland Towers
2257 Highland Ave SBirmingham, AL 35205
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1 Bedroom Apartments
Stratford
1000-1010 18th St SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
The Cordelle
1415 13th St SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
Davis House
1117 23rd St SBirmingham, AL 35205
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1 Bedroom Apartments
Wilbur
1605 12th St SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
The Hillside Apartments
1521 17th StBirmingham, AL 35205
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1 Bedroom Apartments
Kisor Flats
1426 18th St SBirmingham, AL 35205
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1 Bedroom Apartments
Sutton House
1416 14th St SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
Tivoli
1141 14th St SBirmingham, AL 35205
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Five Points South, Birmingham, AL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Five Points South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points South Studio Apartments | $1,332 | $579 | $2,336 |
| Five Points South 1 Bedroom Apartments | $1,541 | $756 | $6,253 |
| Five Points South 2 Bedroom Apartments | $1,947 | $779 | $8,156 |
| Five Points South 3 Bedroom Apartments | $2,180 | $1,029 | $3,065 |
| Five Points South 4 Bedroom Apartments | $1,829 | $659 | $4,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 111 rentals with your search options within a 2 mile radius of the Five Points South Neighborhood of Birmingham, AL.
See all Apartments in BirminghamExplore Birmingham
Five Points South, Birmingham, AL Local Guide
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Cheapest Available Five Points South Apartments for Rent
The cheapest available apartment rental in the Five Points South area of Birmingham, AL is a Studio unit found at McCormic II Apartments priced from $579. University Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McCormic II Apartments | Studio Apartment | Studio,1BA | $579 |
| University Ridge Apartments | Studio | Studio,1BA | $625 |
| The Delacroix | 0 Beds, 1 Baths | Studio,1BA | $750 |
| Element 26 | 1x1 [2nd Floor, Street Facing] | 1BR,1BA | $756 |
| Magnolia Court | Studio Apartment | Studio,1BA | $758 |
| Stratford | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $765 |
| Terrace Apartments | 1 Bedroom 1 Bath - Ground Level | 1BR,1BA | $770 |
| The Cordelle | Studio Apartment, Top Level, Corner | Studio,1BA | $772 |
| Wilbur | 1 Bedroom / 1 Bathroom Apartment, Ground Level | 1BR,1BA | $775 |
| Kisor Flats | A-B 1 BR / 1 BTH | 1BR,1BA | $777 |
Best Value Apartments for Rent in Five Points South, AL
As of June 22, 2026 the best value apartment in the Five Points South area is the $1.26 price per square foot 2 Bedroom Model at Ideal Building in the in the Smithfield neighborhood starting from $1,695. The second greatest value Five Points South apartment is the 2 Bedroom / 1 Bathroom, Top Floor Model at The Cecil starting at $1,233 with a $1.24 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Five Points South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ideal Building | 2 Bedroom | 2BR,2BA | $1.26 |
| The Cecil | 2 Bedroom / 1 Bathroom, Top Floor | 2BR,1BA | $1.24 |
| Terrace Court | 1x1 [2nd Floor] | 1BR,1BA | $1.06 |
| The Marshall on 5th | 2BR/2BA - B2 | 2BR,2BA | $1.08 |
| Southside Manor | 2 Bedroom / 1 Bathroom Apartment with Washer/Dryer | 2BR,1BA | $1.21 |
| Laurelton Oaks | 1.5 Bedroom / 1 Bathroom Apartment, Utilities B... | 1BR,1BA | $1.26 |
| The Marshall on 3rd | 2BR/2BA - B2 | 2BR,2BA | $1.06 |
| Places at Red Rocks | 1 Bedroom | 1BR,1BA | $1.13 |
| Grandview | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.29 |
| Stratford | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $1.28 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
Our team compares millions of points of data to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Birmingham, Alabama. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Five Points South Apartments
What is a cheap apartment in Five Points South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points South is under $777.
What is the price of a cheap apartment in Five Points South?
The cheapest apartment in Five Points South is Element 26 which is listed at $756, while the average apartment in Five Points South costs $1,900.
What types of apartments are the cheapest in Five Points South?
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 145 regular apartments in Five Points South 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 Five Points South?
Cheap apartments in Five Points South have an average cost of $1,022 which is $878 cheaper than the average rent for all rentals in Five Points South.
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.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.