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from $648Studio to 2 Bedroom Apartments Available Now
The Park at Buckingham
114 Aspen CirBirmingham, AL 35209
Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood area of Birmingham.
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from $7401 to 2 Bedroom Apartments Available Now
University Crossings
261 3rd Ave SW unit 100Birmingham, AL 35211
1124 Cullom St S
BirminghamAL35205
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from $770Studio to 1 Bedroom Apartments Available Now
Terrace Apartments
2141 17th Ave SBirmingham, AL 35205
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from $775Studio to 2 Bedroom Apartments Available Now
Adona Apartments
700 Aspen DrBirmingham, AL 35209
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from $799Studio to 3 Bedroom Apartments Available Now
Mountainside Apartments
101 Penthouse DrBirmingham, AL 35205
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from $8001 to 2 Bedroom Apartments Available Now
The Hillside Apartments
1521 17th StBirmingham, AL 35205
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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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from $836Studio to 3 Bedroom Apartments Available Now
513 at Valley
513 Valley AveBirmingham, AL 35209
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from $8491 to 3 Bedroom Apartments Available Now
Beacon Pointe Apartments
925 Beacon Pky EBirmingham, AL 35209
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from $8501 to 3 Bedroom Apartments Available Now
Valley Station Apartment Homes
834 Golden Gate LnBirmingham, AL 35209
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from $860Studio to 3 Bedroom Apartments Available Now
The Avenues of Lakeshore
901 Wildwood CrossingBirmingham, AL 35211
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from $8731 Bedroom Apartments Available Now
Monroe Crest Apartments
1933 16th Ave SBirmingham, AL 35205
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from $900Studio to 2 Bedroom Apartments Available Now
Silver Oak
1144 16th Ave SBirmingham, AL 35205
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from $9001 to 2 Bedroom Apartments Available Now
Mountain Woods Apartments
1000 Beacon Pky EBirmingham, AL 35209
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.
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from $925Studio to 3 Bedroom Apartments Contact Us For Availability
Woodmere Creek Apartments
779 Woodmere Creek DrBirmingham, AL 35226
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from $9451 to 2 Bedroom Apartments Available Now
2700 at Homewood
2700 Temple Crest DrBirmingham, AL 35209
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $8491 to 3 Bedroom Apartments Available Now
Valora at Homewood
915 Valley Ridge DrHomewood, AL 35209
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from $7381 to 4 Bedroom Apartments Available Now
The Pearl at Homewood
218 Olympia DrHomewood, AL 35209
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from $9001 to 2 Bedroom Apartments Available Now
Shadesmont Apartments
19 W Lakeshore DrHomewood, AL 35209
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from $1,0001 to 3 Bedroom Apartments Available Now
The Abbey at Regents Walk
726 Raleigh CtHomewood, AL 35209
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from $1,000Studio to 3 Bedroom Apartments Available Now
The Jameson
1301 Lakeshore PlHomewood, AL 35209
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 | $1,099 | $648 | $1,979 |
| Homewood 1 Bedroom Apartments | $1,264 | $649 | $4,538 |
| Homewood 2 Bedroom Apartments | $1,564 | $780 | $3,352 |
| Homewood 3 Bedroom Apartments | $2,063 | $1,296 | $6,812 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Homewood Neighborhood of Birmingham, AL.
See all Apartments in BirminghamExplore Birmingham
Homewood, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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Cheapest Available Homewood Apartments for Rent
The cheapest available apartment rental in the Homewood area of Birmingham, AL is a Studio unit found at The Park at Buckingham priced from $648. The Pearl at Homewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here are the most affordable Homewood apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Park at Buckingham | The Elm | Studio,1BA | $648 |
| The Pearl at Homewood | 1 Bedroom, 1 Bathroom | 1BR,1BA | $738 |
| University Crossings | Model A | 1BR,1BA | $740 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
| Terrace Apartments | 1 Bedroom 1 Bath - Ground Level | 1BR,1BA | $770 |
| Adona Apartments | The Elm/Evergreen | Studio,1BA | $775 |
| Mountainside Apartments | One Bedroom | 1BR,1BA | $799 |
| The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $800 |
| Glen Iris Arms | 1 Bedroom / 1 Bathroom Apartment, First Level, ... | 1BR,1BA | $809 |
| Cedar South | 1 Bedroom / 1 Bathroom Apartment, Ground Level | 1BR,1BA | $840 |
Best Value Apartments for Rent in Homewood, AL
As of June 13, 2025 the best value apartment in the Homewood area is the $1.09 price per square foot B4R Model at The Jameson in the in the Southwest Birmingham neighborhood starting from $1,250. The second greatest value Homewood apartment is the 2 Bed / 2 Bath Model at Shadesmont Apartments starting at $1,050 with a $0.98 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Jameson | B4R | 2BR,2BA | $1.09 |
| Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
| Hickory Knoll | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.13 |
| Valley Crest | 1x1+Den Previous Full Reno (vca2pf) | 1BR,1BA | $1.13 |
| Homewood Heights Apartment Homes | 1 BR | 1 BA | 1BR,1BA | $1.20 |
| The View on 18th | 2BR / 1BA | 2BR,1BA | $1.17 |
| Park On Valley | 1x1 Previous Full Reno (pva1pf) | 1BR,1BA | $1.16 |
| Beacon Pointe Apartments | Welcome to Beacon Pointe - 1 Bed | 1 Bath | 1BR,1BA | $1.13 |
| Mountain Woods Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.20 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
Quick Rent Budget Calculator
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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 LifestyleHomewood, Birmingham, AL
Ranked #7
Among neighborhoods in Birmingham, AL 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
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for South Central Birmingham. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, places to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Homewood Neighborhood in Birmingham, AL
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
5 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $840.
What is the price of a cheap apartment in Homewood?
The cheapest apartment in Homewood is Valora at Homewood which is listed at $649, while the average apartment in Homewood costs $1,687.
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 39 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 $386 which is $1,301 cheaper than the average rent for all rentals in Homewood.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.