
Cheap Homes for Rent in the Five Points South Neighborhood of Birmingham, AL from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points South area of Birmingham.


1502 16th Ave S
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

1740 Valley Ave

1711 Valley Ave
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.
Five Points South, Birmingham, AL Local Guide

How much does it cost to rent a home in Five Points South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points South 2 Bedroom Homes for Rent | $1,540 | $925 | $2,150 |
| Five Points South 3 Bedroom Homes for Rent | $1,885 | $1,495 | $2,600 |
| Five Points South 4 Bedroom Homes for Rent | $2,146 | $1,695 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Five Points South Neighborhood of Birmingham, AL.
Explore Birmingham
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 19th Ct S | 3BD 1 BATH | 3BR,1BA | $1.07 |
| Places at Red Rocks | 2 Bedroom | 2BR,1BA | $0.91 |
| Terrace Court | 1x1 [2nd Floor] | 1BR,1BA | $1.08 |
| DMG Mountainside | Mtn Two Bedroom One Bath | 2BR,1BA | $1.09 |
| Southside Manor | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.20 |
| Fox Hall | 2x2 [2nd Floor] | 2BR,2BA | $1.36 |
| Dana Apartments | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $1.36 |
| Townview | TOWNVIEW 1X1 | 1BR,1BA | $1.31 |
| Manor Village | 1x1 [2nd Floor, No View] | 1BR,1BA | $1.31 |
| Wilbur | 1 Bedroom / 1 Bathroom Apartment, Top Level | 1BR,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

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.