Cheap Homes for Rent in the Five Points South Neighborhood of Birmingham, AL from $925 (14 Rentals)

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

property at 1502 16th Ave S
$925
2 Bedroom Rentals
Available Now
Outdoors

1502 16th Ave S

BirminghamAL35205
property at 1801 2nd Ave N
$1,250 - $1,845
1 Bedroom Rentals
Available Now
Luxury

1801 2nd Ave N

BirminghamAL35203
property at 2020 5th Ave S
$1,295 - $2,300
1 To 3 Bedroom Rentals
Available Now
Pet Friendly

2020 5th Ave S

BirminghamAL35233
  • Smoke Free

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

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.

Best Value Homes for Rent in Five Points South, AL

As of September 22, 2026 the best value rental home in the Five Points South area is the $1.08 price per square foot 1605 15th St S Model at 1605 15th St S in the Smithfield neighborhood starting from $2,600. The second greatest value Five Points South rental home is the 1412 15th St S Model at 1412 15th St S in the Smithfield neighborhood starting at $1,995 with a $0.88 price per square foot. Here is today’s list of the best values for Five Points South homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1605 15th St S1605 15th St S4BR, 2.5BA$1.08
1412 15th St S1412 15th St S4BR, 2BA$0.88
1001 14th Ave S1001 14th Ave S3BR, 2BA$1.25
1150 14th Ave S1150 14th Ave S3BR, 2BA$1.18
513 10th Ct S513 10th Ct S4BR, 2BA$1.72
2015 1st Ave N, Unit Founder’s Station 2D2015 1st Ave N2BR, 2BA$2.43

Frequently Asked Questions about Five Points South

What type of rentals are currently available in Five Points South?

There are currently 194 Apartments for Rent in Five Points South, AL with pricing that ranges from $595 to $3,383. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $925 to $2,600.

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 $925 to $2,600 with an average monthly rent of $1,794.

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 $1,039 to $3,137, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $785.

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

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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.

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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.

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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.

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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.