Cheap Homes for Rent in Five Points West Neighborhood of Birmingham, AL from $500 (25 Rentals)

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

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Five Points West, Birmingham, AL Local Guide

Cheapest Available Five Points West Apartments for Rent

 

The cheapest available apartment rental in the Five Points West area of Birmingham, AL is a 1 Bed unit found at 914 14th St SW priced from $600. Serenity Apartments at Valley Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Five Points West apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
914 14th St SW1 Beds, 1 Baths1BR,1BA$600
Serenity Apartments at Valley Creek1 Bed, 1 bath1BR,1BA$675
Vines at Hillside2 Bed, 1 Bath2BR,1BA$799
Fountain Blue2x1.52BR,1BA$800
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$900

Best Value Apartments for Rent in Five Points West, AL

As of June 14, 2026 the best value apartment in the Five Points West area is the $0.94 price per square foot 2 Bed, 1 Bath Model at Vines at Hillside in the in the Five Points West neighborhood starting from $799. The second greatest value Five Points West apartment is the 2x1.5 Model at Fountain Blue starting at $800 with a $0.98 price per square foot in the West End neighborhood. Here is today’s list of the best values for Five Points West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vines at Hillside2 Bed, 1 Bath2BR,1BA$0.94
Fountain Blue2x1.52BR,1.5BA$0.98
Serenity Apartments at Valley Creek1 Bed, 1 bath1BR,1BA$0.96
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$1.29
5710 Monte Sano Dr2 Beds, 1 Baths2BR,1BA$1.36
1001 21st Street Ensley, Unit B1001 21st Street Ensley2BR,1BA$1.07
914 14th St SW1 Beds, 1 Baths1BR,1BA$1.04

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Five Points West, Birmingham, AL

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Frequently Asked Questions about Five Points West

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

There are currently 96 Apartments for Rent in Five Points West, AL with pricing that ranges from $580 to $1,100. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points West ranging from $595 to $1,850.

What is the current price range for Rental Homes in Five Points West?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points West ranges from $595 to $1,850 with an average monthly rent of $1,207.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.