Cheap Homes for Rent in Five Points South Neighborhood of Birmingham, AL from $900 (31 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 1431 15th Ave S

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1431 15th Ave S

BirminghamAL35205

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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.

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property at 2020 5th Ave S

$1,450 - $2,300

1 To 3 Bedroom Rentals

Available Now

2020 5th Ave S

BirminghamAL35233

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

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1637 13th Ave S

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Now

1637 13th Ave S

BirminghamAL35205
property at 1121 14th Ave S

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 2.5 Bath Home for Rent

Available Now

1121 14th Ave S

BirminghamAL35205
Showing Results 1-31, Page 1 of 1

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. Terrace Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
Tower on TenthFive PointsStudio,1BA$735
The CordelleStudio Apartment, Ground Level, CornerStudio,1BA$737
Element 261x1 [1st Floor, Street Facing]1BR,1BA$768
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775
Stratford1 Bedroom / 1 Bathroom Apartment, Second Level1BR,1BA$783
Kisor FlatsC-D 1 BR / 1 BTH1BR,1BA$785
The Bellows5-6 1 BR / 1 BTH1BR,1BA$786
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Back Building...1BR,1BA$787

Best Value Apartments for Rent in Five Points South, AL

As of May 07, 2026 the best value apartment in the Five Points South area is the $1.06 price per square foot 1425 13th St S Model at 1425 13th St S, Unit A in the in the Woodland Park neighborhood starting from $1,450. The second greatest value Five Points South apartment is the 1x1 [2nd Floor] Model at Terrace Court starting at $1,048 with a $1.09 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.
1425 13th St S, Unit A1425 13th St S2BR,1BA$1.06
Terrace Court1x1 [2nd Floor]1BR,1BA$1.09
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.20
The Marshall on 5th2BR/2BA - B22BR,2BA$1.09
McCormic II Apartments2.5 Bedroom / 1 Bathroom Apartment2BR,1BA$1.22
South Hill - Five Points2 Bedroom / 1.5 Bathroom Apartment, Top Floor, ...1BR,1.5BA$1.17
Laurelton Oaks1.5 Bedroom / 1 Bathroom Apartment, Utilities B...1BR,1BA$1.20
The Richmond1.5 Bedroom / 2 Bathroom Apartment, B1BR,2BA$0.99
Places at Red Rocks1 Bedroom1BR,1BA$1.13
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Back Building...1BR,1BA$1.17

Frequently Asked Questions about Five Points South

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

There are currently 195 Apartments for Rent in Five Points South, AL with pricing that ranges from $625 to $8,154. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $995 to $3,200.

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 $995 to $3,200 with an average monthly rent of $1,961.

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 $3,259, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,795 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.