
Cheap 2 Bedroom Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $860 (69 Rentals)


Element 26

1021 McMillon Ave

401 Skyview Dr

Piedmont Terrace

Glen Iris Arms

Beacon Pointe Apartments

DMG Mountainside

Highpointe Apartments

The Park at Buckingham
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.

Mountain Woods Apartments

Fox Hall

2700 at Homewood

Silver Oak

Valley Station Apartment Homes

Townview

Total Monthly Price
Merry Rowe

Lotus Homewood

The Avenues of Lakeshore

Total Monthly Price
2524 18th Pl S
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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.

513 at Valley

1140 12th St S, Unit F, Unit F

Parkside Place

The Irish

Woodmere Creek Apartments

Places at Red Rocks

Branchwater

Center Court Apartments

University Crossings

1508 Dennison Ave SW
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.

The View on 18th

Manor Village

Saint Charles

Mill House

Red Top Apartments

The Ritz

1502 16th Ave S

Ethel Apartments

Ramsay Apartments

Valley Crest
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

The Lennox

Glen Iris Place

417 Skyview Dr

Sussex

McCormic II Apartments

Flats on 15th

Southside Manor

The Larisa

Hollywood Gardens Apartments

Henger Hall
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Homewood, Birmingham, AL Local Guide

How much does it cost to rent an apartment in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood Studio Apartments | $973 | $625 | $2,084 |
| Homewood 1 Bedroom Apartments | $1,163 | $749 | $2,214 |
Homewood 2 Bedroom Apartments | $1,508 | $860 | $2,690 |
| Homewood 3 Bedroom Apartments | $1,771 | $1,182 | $2,824 |
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Homewood, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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- Local Counties
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly LifestyleHomewood, Birmingham, AL
Ranked #10
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Homewood, Birmingham, AL
School data provided by Great Schools
Frequently Asked Questions about Cheap Homewood Apartments
What is a cheap apartment in Homewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homewood is under $848.
What is the price of a cheap apartment in Homewood?
The cheapest apartment in Homewood is Saint Charles which is listed at $917, while the average apartment in Homewood costs $1,622.
What types of apartments are the cheapest in Homewood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 240 regular apartments in Homewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Homewood?
Cheap apartments in Homewood have an average cost of $690 which is $932 cheaper than the average rent for all rentals in Homewood.
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.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.