Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $500 (67 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
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.

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.

property at 1504 12th St S

1504 12th St S

BirminghamAL35205
close
View Me
Melrose Place
1 Bedroom Apartments

Melrose Place

1501 15th Ave SBirmingham, AL 35205

When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

close
View Me
Park Manor
Studio to 1 Bedroom Apartments

Park Manor

1301 20th St SBirmingham, AL 35205
close
View Me
Drake and Madrid
Studio to 1 Bedroom Apartments

Drake and Madrid

1931 15th Ave SBirmingham, AL 35205
  • Utilities Included
close
View Me
Highland Towers
Studio Apartments

Highland Towers

2257 Highland Ave SBirmingham, AL 35205
  • Utilities Included
close
View Me
Places At Red Rocks
1 to 2 Bedroom Apartments

Places At Red Rocks

1534 17th StBirmingham, AL 35205
  • Utilities Included

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.

close
View Me
Wilbur
1 Bedroom Apartments

Wilbur

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

Davis House

1117 23rd St SBirmingham, AL 35205
close
View Me
The Bellows
1 Bedroom Apartments

The Bellows

1438 18th St SBirmingham, AL 35205
close
View Me
The Cordelle
Studio Apartments

The Cordelle

1415 13th St SBirmingham, AL 35205
close
View Me
Saint Charles
2 Bedroom Apartments

Saint Charles

1420 18th St SBirmingham, AL 35205
close
View Me
Tivoli
1 Bedroom Apartments

Tivoli

1141 14th St SBirmingham, AL 35205
  • Utilities Included
close
View Me
Stratford
1 Bedroom Apartments

Stratford

1000-1010 18th St SBirmingham, AL 35205
close
View Me
Hermosa
Studio Apartments

Hermosa

1127 23rd St SBirmingham, AL 35205
  • Utilities Included

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.

close
View Me
Manor Village
1 Bedroom Apartments

Manor Village

1855 16th AveBirmingham, AL 35205
close
View Me
Southwood Gardens
1 Bedroom Apartments

Southwood Gardens

1324 14th Ave SBirmingham, AL 35205
close
View Me
The Richmond
1 Bedroom Apartments

The Richmond

2030 Highland Ave SBirmingham, AL 35205
close
View Me
1321 18th Ave S
1 Bedroom Apartments

1321 18th Ave S

1321 18th Ave SBirmingham, AL 35205
  • Smoke Free
close
View Me
The Ashton
1 Bedroom Apartments

The Ashton

1524 14th Ave SBirmingham, AL 35205
close
View Me
Cedar South
1 Bedroom Apartments

Cedar South

1700 Cullom St SBirmingham, AL 35205
close
View Me
Carlton
1 Bedroom Apartments

Carlton

1408 14th St SBirmingham, AL 35205
close
View Me
The View on 18th
2 Bedroom Apartments

The View on 18th

1320 18th Ave SBirmingham, AL 35205
Affordability
  • Utilities Included
close
View Me
Cambridge
1 Bedroom Apartments

Cambridge

1708 14th Ave SBirmingham, AL 35205
close
View Me
Silverado
2 Bedroom Apartments

Silverado

1340 14th Ave SBirmingham, AL 35205
close
View Me
Terrace View
1 Bedroom Apartments

Terrace View

1301 18th Ave SBirmingham, AL 35205
  • Utilities Included

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.

close
View Me
Glen Iris Place
1 to 2 Bedroom Apartments

Glen Iris Place

1119 11th PlBirmingham, AL 35205

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. 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 ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Magnolia CourtStudio ApartmentStudio,1BA$729
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
The DulionMedium StudioStudio,1BA$745
The Bellows1-2 1 BR / 1 BTH1BR,1BA$776
The CordelleStudio Apartment, Top Level, CornerStudio,1BA$782
Mountainside ApartmentsOne Bedroom1BR,1BA$799
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$800
Terrace Apartments1 Bedroom 1 Bath - Floor 31BR,1BA$810
Glen Iris Arms1 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1139 14th St S1137 A3BR,2BA$1.43
McCormic II Apartments3 Bedroom / 1 Bathroom Apartment3BR,1BA$1.25
Jemison Flats1 Bedroom1BR,1BA$1.52
Fleetwood Apartments2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.36
1140 12th St S, Unit E1140 12th St S2BR,1BA$1.53
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Lennox1 Bedroom / 1 Bathroom Apartment, Top Level1BR,1BA$1.51
Terrace Apartments1 Bedroom 1 Bath - Premier - Floor 41BR,1BA$1.56
Southwood Gardens1 bedroom1BR,1BA$1.38
The Bellows1-2 1 BR / 1 BTH1BR,1BA$1.55

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!

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 $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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.