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$625 - $1,585Studio to 2 Bedroom Apartments Available Now
University Ridge Apartments
1321 17th Ave SBirmingham, AL 35205
Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood area of Birmingham.
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Rent Specials
$648 - $1,769Studio to 2 Bedroom Apartments Contact Us For Availability
The Park at Buckingham
114 Aspen CirBirmingham, AL 35209
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$725 - $1,300Studio to 2 Bedroom Apartments Available Now
Silver Oak
1144 16th Ave SBirmingham, AL 35205
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$770 - $790Studio to 1 Bedroom Apartments Available Now
Terrace Apartments
2141 17th Ave SBirmingham, AL 35205
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$775 - $8751 to 2 Bedroom Apartments Available Now
The Hillside Apartments
1521 17th StBirmingham, AL 35205
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$799Studio to 3 Bedroom Apartments Available Now
DMG Mountainside
101 Penthouse DrBirmingham, AL 35205
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$850 - $2,920Studio to 3 Bedroom Apartments Available Now
The Avenues of Lakeshore
901 Wildwood CrossingBirmingham, AL 35211
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$850 - $1,5991 to 2 Bedroom Apartments Available Dec 14
Places at Red Rocks
1534 17th StBirmingham, AL 35205
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.
1504 12th St S
BirminghamAL35205
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$868 - $1,266Studio to 2 Bedroom Apartments Available Dec 11
The Irish
1200 18th Ave SBirmingham, AL 35205
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$875 - $1,6001 to 3 Bedroom Apartments Available Now
Valley Station Apartment Homes
834 Golden Gate LnBirmingham, AL 35209
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$899 - $1,4991 to 3 Bedroom Apartments Available Now
Beacon Pointe Apartments
925 Beacon Pky EBirmingham, AL 35209
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$915 - $1,1251 to 3 Bedroom Apartments Available Now
Highpointe Apartments
1229 Beacon Pky EBirmingham, AL 35209
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$925 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
Woodmere Creek Apartments
779 Woodmere Creek DrBirmingham, AL 35226
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$949 - $1,525Studio to 3 Bedroom Apartments Available Now
513 at Valley
513 Valley AveBirmingham, AL 35209
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$950 - $1,4751 to 3 Bedroom Apartments Available Now
Mountain Woods Apartments
1000 Beacon Pky EBirmingham, AL 35209
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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$950 - $1,0951 to 2 Bedroom Apartments Available Now
Park On Valley
741 Barcelona CtBirmingham, AL 35209
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$954 - $1,1562 Bedroom Apartments Available Now
Piedmont Terrace
1331-1355 14th Ave SBirmingham, AL 35205
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Studio to 2 Bedroom Apartments
The Park at Carlyle and Callington
200 Robert Jemison DrBirmingham, AL 35209
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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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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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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.
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 | $909 | $625 | $1,979 |
| Homewood 1 Bedroom Apartments | $1,343 | $649 | $3,395 |
| Homewood 2 Bedroom Apartments | $1,629 | $875 | $3,130 |
| Homewood 3 Bedroom Apartments | $1,906 | $1,125 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 68 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 University Ridge Apartments priced from $625. The Pearl at Homewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Homewood apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Ridge Apartments | Studio | Studio,1BA | $625 |
| The Pearl at Homewood | One Bedroom One Bath | 1BR,1BA | $700 |
| Silver Oak | Studio | Studio,1BA | $725 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
| The Cordelle | Studio Apartment, Ground Level | Studio,1BA | $755 |
| Silverado | Studio Apartment | Studio,1BA | $762 |
| Terrace Apartments | 1 Bedroom 1 Bath - Ground Level | 1BR,1BA | $770 |
| The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $775 |
| Sutton House | 3-4 1 BR / 1 BTH | 1BR,1BA | $787 |
| Manor Village | 1x1 [1st Floor] | 1BR,1BA | $824 |
Best Value Apartments for Rent in Homewood, AL
As of November 06, 2025 the best value apartment in the Homewood area is the $1.14 price per square foot 3 Bedroom 2 Bedroom Model at Hickory Knoll in the in the Southwest Birmingham neighborhood starting from $1,540. The second greatest value Homewood apartment is the 3 Bedroom / 3 Bathroom Terrace Model at Stone Ridge Apartments starting at $1,395 with a $1.16 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. |
|---|---|---|---|
| Hickory Knoll | 3 Bedroom 2 Bedroom | 3BR,2BA | $1.14 |
| Stone Ridge Apartments | 3 Bedroom / 3 Bathroom Terrace | 3BR,3BA | $1.16 |
| Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
| 422 Skyview Dr, Unit K | 422 Skyview Dr | 2BR,1BA | $1.00 |
| Valley Crest | 2x1 Classic (vcb1) | 2BR,1BA | $1.10 |
| Highpointe Apartments | 1x1 | 1BR,1BA | $1.09 |
| Park On Valley | 1x1 Previous Full Reno (pva1pf) | 1BR,1BA | $1.19 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
| The Pearl at Homewood | One Bedroom One Bath Large | 1BR,1BA | $1.16 |
| Valora at Homewood | Lovell | 1BR,1BA | $1.15 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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.
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.
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If you’re an expert on all things Homewood, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleHomewood, Birmingham, AL
Ranked #12
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
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 $824.
What is the price of a cheap apartment in Homewood?
The cheapest apartment in Homewood is The Pearl at Homewood which is listed at $700, while the average apartment in Homewood costs $1,775.
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 329 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 $757 which is $1,018 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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.