
Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $500 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points South area of Birmingham.


Magnolia Court

Mountainside Apartments

The Hillside Apartments

Terrace Apartments

Silver Oak

The Dulion
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1504 12th St S

The LaSalle

Terrace Court

Tower on Tenth

Thomas Jefferson Towers

University Place

Advenir at Station 121
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Glen Iris Arms
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Five Points South, Birmingham, AL Local Guide

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 | $1,352 | $625 | $2,499 |
Five Points South 1 Bedroom Apartments | $1,569 | $739 | $4,652 |
Five Points South 2 Bedroom Apartments | $2,093 | $895 | $5,893 |
Five Points South 3 Bedroom Apartments | $2,266 | $1,299 | $5,071 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Five Points South Neighborhood of Birmingham, AL.
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Five Points South, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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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 University Ridge Apartments priced from $625. Magnolia Court has the second lowest priced unit, which is a Studio apartment currently listed from $729. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Ridge Apartments | Studio | Studio,1BA | $625 |
Magnolia Court | Studio Apartment | Studio,1BA | $729 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
The Dulion | Medium Studio | Studio,1BA | $745 |
The Bellows | 1-2 1 BR / 1 BTH | 1BR,1BA | $776 |
The Cordelle | Studio Apartment, Top Level, Corner | Studio,1BA | $782 |
Mountainside Apartments | One Bedroom | 1BR,1BA | $799 |
The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $800 |
Terrace Apartments | 1 Bedroom 1 Bath - Floor 3 | 1BR,1BA | $810 |
Glen Iris Arms | 1 Bedroom / 1 Bathroom Apartment, First Level, ... | 1BR,1BA | $814 |
Best Value Apartments for Rent in Five Points South, AL
As of August 01, 2025 the best value apartment in the Five Points South area is the $1.43 price per square foot 1137 A Model at 1139 14th St S in the in the Smithfield neighborhood starting from $2,099. The second greatest value Five Points South apartment is the 3 Bedroom / 1 Bathroom Apartment Model at McCormic II Apartments starting at $1,148 with a $1.25 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. |
---|---|---|---|
1139 14th St S | 1137 A | 3BR,2BA | $1.43 |
McCormic II Apartments | 3 Bedroom / 1 Bathroom Apartment | 3BR,1BA | $1.25 |
Jemison Flats | 1 Bedroom | 1BR,1BA | $1.52 |
Fleetwood Apartments | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.36 |
1140 12th St S, Unit E | 1140 12th St S | 2BR,1BA | $1.53 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
The Lennox | 1 Bedroom / 1 Bathroom Apartment, Top Level | 1BR,1BA | $1.51 |
Terrace Apartments | 1 Bedroom 1 Bath - Premier - Floor 4 | 1BR,1BA | $1.56 |
Southwood Gardens | 1 bedroom | 1BR,1BA | $1.38 |
The Bellows | 1-2 1 BR / 1 BTH | 1BR,1BA | $1.55 |
Quick Rent Budget Calculator
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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!
Getting Around the Five Points South Neighborhood in Birmingham, AL
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $814.
What is the price of a cheap apartment in Five Points South?
The cheapest apartment in Five Points South is Southridge Apartments which is listed at $740, while the average apartment in Five Points South costs $2,074.
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 50 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 $390 which is $1,684 cheaper than the average rent for all rentals in Five Points South.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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