Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $549 (129 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Five Points South 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

Read Article
close
View Me
Fox Hall
Rent Specials
$1,033 - $1,445

Total Monthly Price

Base Rent$1,033 - $1,445
Total Monthly Price$1,033 - $1,445
1 to 2 Bedroom Apartments Available Now

Fox Hall

1613 13th Ave SBirmingham, AL 35205
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Towncrest Apartments
Rent Specials
$1,061 - $1,297

Total Monthly Price

Base Rent$1,061 - $1,297
Total Monthly Price$1,061 - $1,297
1 Bedroom Apartments Available Now

Towncrest Apartments

1501 16th Ave SBirmingham, AL 35205
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
University Place
$1,065 - $2,315

Total Monthly Price

Base Rent$1,065 - $2,315
Total Monthly Price$1,065 - $2,315
Studio to 2 Bedroom Apartments Available Now

University Place

951 18th St SBirmingham, AL 35205
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
property at 1732 11th Pl S
$1,100 - $1,200
2 To 3 Bedroom Rentals
Available Now
Affordability

1732 11th Pl S

BirminghamAL35205
  • Smoke Free
close
View Me
Piedmont Terrace
Rent Specials
$1,195 - $1,581

Total Monthly Price

Base Rent$1,195 - $1,581
Total Monthly Price$1,195 - $1,581
2 Bedroom Apartments Available Now

Piedmont Terrace

1331-1355 14th Ave SBirmingham, AL 35205
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Merry Rowe
Rent Specials
$1,307 - $1,482

Total Monthly Price

Base Rent$1,307 - $1,482
Total Monthly Price$1,307 - $1,482
2 Bedroom Apartments Available Now

Merry Rowe

1629 14th Ave SBirmingham, AL 35205
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
close
View Me
Parkside Place
Rent Specials
$1,404 - $1,607

Total Monthly Price

Base Rent$1,404 - $1,607
Total Monthly Price$1,404 - $1,607
2 Bedroom Apartments Available Now

Parkside Place

1413 11th Pl SBirmingham, AL 35205
  • Verified
  • 3D Tour
  • Smoke Free

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.

Read Article
close
View Me
BERKLEY APARTMENTS
Studio to 2 Bedroom Apartments

BERKLEY APARTMENTS

2124 Highland Ave SBirmingham, AL 35205
close
View Me
PARK MANOR
Studio to 1 Bedroom Apartments

PARK MANOR

1301 20th St SBirmingham, 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.

Read Article
Showing Results 1-50, Page 1 of 3

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 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 Five Points South apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
BERKLEY APARTMENTS0BR/1.0BAStudio, 1BA$585
University Ridge ApartmentsStudioStudio, 1BA$625
McCormic II ApartmentsStudio ApartmentStudio, 1BA$633
PARK MANOR0BR/1.0BAStudio, 1BA$699
DMG MountainsideMtn One Bedroom1BR, 1BA$769
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR, 1BA$770
The Hillside Apartments1 Bed / 1 Bath1BR, 1BA$775
Element 26Studio [1st Floor, Parking Lot Facing]Studio, 1BA$789
The DulionMedium StudioStudio, 1BA$810
Wilbur1 Bedroom / 1 Bathroom Apartment, Ground Level1BR, 1BA$834

Best Value Apartments for Rent in Five Points South, AL

As of September 22, 2026 the best value apartment in the Five Points South area is the $1.07 price per square foot 3BD 1 BATH Model at 621 19th Ct S in the Woodland Park neighborhood starting from $1,500. The second greatest value Five Points South apartment is the 2 Bedroom / 1 Bathroom Apartment, Ground Level,... Model at Laurelton Oaks in the Smithfield neighborhood starting at $1,298 with a $1.18 price per square foot. 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.
621 19th Ct S3BD 1 BATH3BR, 1BA$1.07
Laurelton Oaks2 Bedroom / 1 Bathroom Apartment, Ground Level,...2BR, 1BA$1.18
Lumen in BirminghamC23BR, 3BA$0.94
Places at Red Rocks1 Bedroom1BR, 1BA$0.86
Terrace Court1x1 [2nd Floor]1BR, 1BA$1.23
DMG MountainsideMtn Two Bedroom Two Bath2BR, 2BA$1.17
The Fitzgerald in Five Points5-9 1 BR / 1 BTH1BR, 1BA$1.24
TownviewAnderson1BR, 1BA$1.31
PARK MANOR0BR/1.0BAStudio, 1BA$1.10
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR, 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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $834.

What is the price of a cheap apartment in Five Points South?

The cheapest apartment in Five Points South is DMG Mountainside which is listed at $769, while the average apartment in Five Points South costs $1,578.

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 72 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 $951 which is $627 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

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 How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.