1731 Valley Ave
BirminghamAL35206
Cheap Homes for Rent in Five Points South Neighborhood of Birmingham, AL from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points South area of Birmingham.
1502 16th Ave S
BirminghamAL35205
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.
208
1801 2nd Ave N
BirminghamAL35203
1329 4th Ave S, Unit 306
1329 4th Ave S
BirminghamAL35233
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.
310 Gamma St S
BirminghamAL35205
Showing Results 1-5, Page 1 of 1
Five Points South, Birmingham, AL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Five Points South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points South 2 Bedroom Homes for Rent | $1,879 | $925 | $2,200 |
| Five Points South 3 Bedroom Homes for Rent | $1,922 | $1,200 | $2,900 |
| Five Points South 4 Bedroom Homes for Rent | $2,195 | $1,795 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Five Points South Neighborhood of Birmingham, AL.
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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 |
Best Value Apartments for Rent in Five Points South, AL
As of June 21, 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 |
Frequently Asked Questions about Five Points South
What type of rentals are currently available in Five Points South?
There are currently 187 Apartments for Rent in Five Points South, AL with pricing that ranges from $579 to $8,156. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $800 to $2,900.
What is the current price range for Rental Homes in Five Points South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points South ranges from $800 to $2,900 with an average monthly rent of $1,745.
How much are larger Three and Four Bedroom Rentals in Five Points South?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points South range from $1,029 to $3,051, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $659.
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.