Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $600 (83 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points South area of Birmingham.

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 1504 12th St S

1504 12th St S

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.

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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Park Manor
Studio to 1 Bedroom Apartments

Park Manor

1301 20th St SBirmingham, AL 35205
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Tivoli
Studio to 1 Bedroom Apartments

Tivoli

1141 14th St SBirmingham, AL 35205
  • Utilities Included
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Drake and Madrid
Studio to 1 Bedroom Apartments

Drake and Madrid

1931 15th Ave SBirmingham, AL 35205
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The Cordelle
Studio to 1 Bedroom Apartments

The Cordelle

1415 13th St SBirmingham, AL 35205
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Highland Towers
Studio to 2 Bedroom Apartments

Highland Towers

2257 Highland Ave SBirmingham, AL 35205
  • Utilities Included
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Wilbur
1 Bedroom Apartments

Wilbur

1605 12th St SBirmingham, AL 35205
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Davis House
1 to 2 Bedroom Apartments

Davis House

1117 23rd St SBirmingham, AL 35205

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Bellows
1 to 2 Bedroom Apartments

The Bellows

1438 18th St SBirmingham, AL 35205
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Charleston Court
Studio to 2 Bedroom Apartments

Charleston Court

2155 11th Ct SBirmingham, AL 35205
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Stratford
1 Bedroom Apartments

Stratford

1000-1010 18th St SBirmingham, AL 35205
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Sutton House
1 Bedroom Apartments

Sutton House

1416 14th St SBirmingham, AL 35205
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Saint Charles
2 Bedroom Apartments

Saint Charles

1420 18th St SBirmingham, AL 35205
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Hermosa
Studio to 2 Bedroom Apartments

Hermosa

1127 23rd St SBirmingham, AL 35205
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Manor Village
1 to 2 Bedroom Apartments

Manor Village

1855 16th AveBirmingham, AL 35205
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Glen Iris Arms
1 to 2 Bedroom Apartments

Glen Iris Arms

1620 11th Pl SBirmingham, AL 35205
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Signal Hill
1 to 2 Bedroom Apartments

Signal Hill

1321 18th Ave SBirmingham, AL 35205
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Five Points South, Birmingham, AL Local Guide

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. Silver Oak has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Silver OakStudioStudio,1BA$725
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Element 261x1 [1st Floor, Street Facing]1BR,1BA$748
The CordelleStudio Apartment, Ground LevelStudio,1BA$755
SilveradoStudio ApartmentStudio,1BA$762
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775
Charleston Court1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$778
The DulionMedium StudioStudio,1BA$810

Best Value Apartments for Rent in Five Points South, AL

As of November 03, 2025 the best value apartment in the Five Points South area is the $1.22 price per square foot 2 Bedroom / 1 Bathroom, Top Floor Model at The Cecil in the in the Smithfield neighborhood starting from $1,219. The second greatest value Five Points South apartment is the 2 Bedroom / 1.5 Bathroom Apartment Model at The Irish starting at $1,249 with a $1.31 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Five Points South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cecil2 Bedroom / 1 Bathroom, Top Floor2BR,1BA$1.22
The Irish2 Bedroom / 1.5 Bathroom Apartment2BR,1.5BA$1.31
The Ivy2 Bedroom / 1 Bathroom Apartment, Ground Level2BR,1BA$1.25
McCormic II Apartments2.5 Bedroom / 1 Bathroom Apartment2BR,1BA$1.19
Southside Manor2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.20
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Wright1 Bedroom / 1 Bathroom Apartment, Unit C1BR,1BA$1.20
Magnolia Court2 Bedroom / 1 Bathroom Apartment, 1147-82BR,1BA$1.26
Charleston Court1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$1.24
Silver OakStudioStudio ,1BA$1.29

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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!

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

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 $810.

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 $2,221.

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 101 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 $921 which is $1,300 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.