Cheap 2 Bedroom Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $860 (69 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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Merry Rowe
Rent Specials
$1,128 - $1,264
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $1,264

Total Monthly Price
$1,170 - $1,264
2 Bedroom Apartments Available Now

Merry Rowe

1629 14th Ave SBirmingham, AL 35205
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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University Crossings
2 Bedroom Apartments

University Crossings

261 3rd Ave SW unit 100Birmingham, AL 35211
  • Utilities Included

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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The View on 18th
2 Bedroom Apartments

The View on 18th

1320 18th Ave SBirmingham, AL 35205
Corporate Housing
  • Utilities Included
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Manor Village
2 Bedroom Apartments

Manor Village

1855 16th AveBirmingham, AL 35205
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Saint Charles
2 Bedroom Apartments

Saint Charles

1420 18th St SBirmingham, AL 35205
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Mill House
2 Bedroom Apartments

Mill House

1504 21st Way SBirmingham, AL 35205
  • Smoke Free
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Red Top Apartments
2 Bedroom Apartments

Red Top Apartments

2418 Green Springs HwyBirmingham, AL 35209
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The Ritz
2 Bedroom Apartments

The Ritz

1752 13th Ct SBirmingham, AL 35205
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Ethel Apartments
2 Bedroom Apartments

Ethel Apartments

1701 13th Ave SBirmingham, AL 35205
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Ramsay Apartments
2 Bedroom Apartments

Ramsay Apartments

1761 13th Ave SBirmingham, AL 35205
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Valley Crest
2 Bedroom Apartments

Valley Crest

316 Beacon Crest LnBirmingham, AL 35209
Student Housing
  • Utilities Included

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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The Lennox
2 Bedroom Apartments

The Lennox

1416 13th St SBirmingham, AL 35205
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Glen Iris Place
2 Bedroom Apartments

Glen Iris Place

1119 11th PlBirmingham, AL 35205
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Sussex
2 Bedroom Apartments

Sussex

1169 14th Ave SBirmingham, AL 35205
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Flats on 15th
2 Bedroom Apartments

Flats on 15th

1322 15th Ave SBirmingham, AL 35205
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Southside Manor
2 Bedroom Apartments

Southside Manor

1600 14th Ave SBirmingham, AL 35205
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The Larisa
2 Bedroom Apartments

The Larisa

1411 14th St SBirmingham, AL 35205
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Henger Hall
2 Bedroom Apartments

Henger Hall

1755 15th Ave SBirmingham, AL 35205

The Art of the Rental Viewing: What to look for during a property tour

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

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Pet Friendly Lifestyle
Homewood, Birmingham, AL

Ranked #10

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

decorative image for Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability article

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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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.

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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.

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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.