Cheap Homes for Rent in Five Points South Neighborhood of Birmingham, AL from $1,100 (17 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 2020 5th Ave S

$1,200 - $1,450

1 Bedroom Rentals

Available Now

2020 5th Ave S

BirminghamAL35294
property at 401 20th St S

$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

401 20th St S

BirminghamAL35233

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Showing Results 1-17, 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. Southridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Ground Floor,...1BR,1BA$766
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$775

Best Value Apartments for Rent in Five Points South, AL

As of February 04, 2026 the best value apartment in the Five Points South area is the $1.19 price per square foot 2 Bedroom Model at Places at Red Rocks in the in the Smithfield neighborhood starting from $1,300. The second greatest value Five Points South apartment is the 2 Bedroom / 1 Bathroom, Ground Floor Model at The Cecil starting at $1,223 with a $1.23 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.
Places at Red Rocks2 Bedroom2BR,1BA$1.19
The Cecil2 Bedroom / 1 Bathroom, Ground Floor2BR,1BA$1.23
The Irish2 Bedroom / 1.5 Bathroom Apartment2BR,1.5BA$1.31
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.11
The Ivy2 Bedroom / 1 Bathroom Apartment, Ground Level2BR,1BA$1.23
Jemison Flats1 Bedroom1BR,1BA$1.31
Silverado2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.07
Signal Hill1 Bedroom / 1 Bathroom Apartment, Top Level1BR,1BA$1.19
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
Manor Village1x1 [1st Floor]1BR,1BA$1.30

Frequently Asked Questions about Five Points South

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

There are currently 190 Apartments for Rent in Five Points South, AL with pricing that ranges from $595 to $15,699. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $1,125 to $4,200.

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 $1,125 to $4,200 with an average monthly rent of $2,064.

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 $1,098 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $799.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.