Cheap Homes for Rent in the Five Points South Neighborhood of Birmingham, AL from $700 (4 Rentals)

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

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 Apartments for Rent in Five Points South, AL

As of August 08, 2026 the best value apartment in the Five Points South area is the $1.07 price per square foot 3BD 1 BATH Model at 621 19th Ct S in the in the Woodland Park neighborhood starting from $1,500. The second greatest value Five Points South apartment is the 2 Bedroom Model at Places at Red Rocks starting at $999 with a $0.91 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.
621 19th Ct S3BD 1 BATH3BR,1BA$1.07
Places at Red Rocks2 Bedroom2BR,1BA$0.91
Terrace Court1x1 [2nd Floor]1BR,1BA$1.08
DMG MountainsideMtn Two Bedroom One Bath2BR,1BA$1.09
Southside Manor2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.20
Fox Hall2x2 [2nd Floor]2BR,2BA$1.36
Dana Apartments1 Bedroom / 1 Bathroom Apartment, Second Level1BR,1BA$1.36
TownviewTOWNVIEW 1X11BR,1BA$1.31
Manor Village1x1 [2nd Floor, No View]1BR,1BA$1.31
Wilbur1 Bedroom / 1 Bathroom Apartment, Top Level1BR,1BA$1.31

Frequently Asked Questions about Five Points South

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

There are currently 192 Apartments for Rent in Five Points South, AL with pricing that ranges from $625 to $8,156. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points South ranging from $700 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 $700 to $2,600 with an average monthly rent of $1,699.

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 $3,136, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,695 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

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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

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.