Cheap Homes for Rent in Five Points South Neighborhood of Birmingham, AL from $800 (7 Rentals)

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

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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 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
The BendC-E 1 BR / 1 BTH1BR,1BA$745

Best Value Apartments for Rent in Five Points South, AL

As of December 19, 2025 the best value apartment in the Five Points South area is the $1.21 price per square foot Mtn Two Bedroom Two Bath Model at DMG Mountainside in the in the Woodland Park neighborhood starting from $1,145. The second greatest value Five Points South apartment is the 2 Bedroom / 1 Bathroom Apartment, Ground Level Model at The Ivy starting at $1,154 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.
DMG MountainsideMtn Two Bedroom Two Bath2BR,2BA$1.21
The Ivy2 Bedroom / 1 Bathroom Apartment, Ground Level2BR,1BA$1.23
The Ellys1 Bedroom / 1 Bath1BR,1BA$1.36
Ramsay Apartments2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.45
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
Element 262x1 [2nd Floor, Corner, Street Facing]2BR,1BA$1.37
Magnolia Court2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.24
Cedar South1 Bedroom / 1 Bathroom Apartment, Top Level1BR,1BA$1.45
Manor Village1x1 [1st Floor]1BR,1BA$1.27
Oak Hill1x1-Top Floor, Non-City View1BR,1BA$1.32

Frequently Asked Questions about Five Points South

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

There are currently 188 Apartments for Rent in Five Points South, AL with pricing that ranges from $625 to $5,893. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $850 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 $850 to $2,900 with an average monthly rent of $2,081.

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 $1,217 to $2,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,000.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!