Cheap Homes for Rent in Birmingham, AL from $500 (354 Rentals)

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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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property at 737 47th St N

$750

2 Bedroom Rentals

Available Now

737 47th St N

BirminghamAL35212

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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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

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Birmingham, AL Local Guide

Cheapest Neighborhoods for Apartments in Birmingham, AL

Pricing Updated: 05/16/2026

Current apartment rentals in the Birmingham, AL area range in price from $530 to $14,545 with an overall median price of $2,014. The three Birmingham neighborhoods with the lowest median rent pricing are North Pratt at $695, Central Park at $575, and Central Pratt at $575. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Birmingham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Pratt$695$6952
Central Park$797$57516
Central Pratt$800$5756
Ensley$800$5757
Ensley Highlands$800$57515
Five Points West$800$57513
Germania Park$800$57512
North Eastlake$800$5807
South Pratt$800$57512
Tuxedo$800$57513

Cheapest Available Birmingham Apartments for Rent

 

The cheapest available apartment rental in Birmingham, AL is a 1 Bed unit found at Springville Landing Apartments in the Spring Lake neighborhood priced from $530. Park at Forestdale in the Sandusky neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $606. Here is today’s list of the most affordable Birmingham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Springville Landing Apartments1x11BR,1BA$530
Park at ForestdaleOne Bedroom, One Bath1BR,1BA$606
University Ridge ApartmentsStudioStudio,1BA$625
Country Park1x11BR,1BA$630
Twin Gates1 Bed, 1 bath1BR,1BA$675
Serenity Apartments at Valley Creek1 Bed, 1 bath1BR,1BA$675
Madison Park Apartments & TownhomesA1 StudioStudio,1BA$690
Candy Mountain Apartments1 Bed, 1 bath1BR,1BA$695
Pointe Arlington1/1.001BR,1BA$700
The PointeOne bedroom1BR,1BA$700

Best Value Apartments for Rent in Birmingham, AL

As of May 16, 2026 the best value apartment in the Birmingham area is the $0.94 price per square foot 3 Bedroom 2 Bath Model at Branchwater in the in the Hoover Vestavia Hills neighborhood starting from $1,599. The second greatest value Birmingham apartment is the Jasmine-RENO Model at Park at Hoover starting at $1,197 with a $0.91 price per square foot in the Hoover Vestavia Hills neighborhood. Here is today’s list of the best values for Birmingham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Branchwater3 Bedroom 2 Bath3BR,2BA$0.94
Park at HooverJasmine-RENO2BR,2BA$0.91
Park at ForestdaleThree Bedroom, Two Bath3BR,2BA$0.88
Springville Landing Apartments3x1.53BR,1.5BA$0.65
Carson Crest Apartments & Townhomes1 BR/1 BA1BR,1BA$0.89
Summer RiseA11BR,1BA$0.93
Vines at Hillside2 Bed, 1 Bath2BR,1BA$0.94
Twin Gates1 Bed, 1 bath1BR,1BA$0.90
Candy Mountain Apartments1 Bed, 1 bath1BR,1BA$0.93
Country Park1x11BR,1BA$0.88

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Birmingham, AL Rentals by Map

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Birmingham, AL Area Reviews

  • Parks
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Allen • 2+ years in Birmingham

September 21, 2025

Great place for singles or families, with unique southern charm and lots of interesting history and culture.

Frequently Asked Questions about Birmingham

What type of rentals are currently available in Birmingham?

There are currently 1039 Apartments for Rent in Birmingham, AL with pricing that ranges from $530 to $14,545. There are also 837 Single Family Homes for rent, Condos, and Townhome rentals currently available in Birmingham ranging from $595 to $4,200.

What is the current price range for Rental Homes in Birmingham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Birmingham ranges from $595 to $4,200 with an average monthly rent of $1,671.

How much are larger Three and Four Bedroom Rentals in Birmingham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Birmingham range from $665 to $4,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,000 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

Written by: Larry Allen

Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.