337 Iota Ave S
BirminghamAL35205
Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood area of Birmingham.
341 Iota Ave S
BirminghamAL35205
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$625 - $1,585Studio to 2 Bedroom Apartments Available Now
University Ridge Apartments
1321 17th Ave SBirmingham, AL 35205
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$648 - $1,769Studio to 2 Bedroom Apartments Contact Us For Availability
The Park at Buckingham
114 Aspen CirBirmingham, AL 35209
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$715 - $935
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$635 - $855
Required Monthly Fees
$80
Total Monthly Price
$715 - $935
Terrace Apartments
2141 17th Ave SBirmingham, AL 35205
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$749 - $1,1991 to 3 Bedroom Apartments Available Now
Beacon Pointe Apartments
925 Beacon Pky EBirmingham, AL 35209
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$751 - $884
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$719 - $852
Required Monthly Fees
$32
Total Monthly Price
$751 - $884
Element 26
1608-1620 14th Ave SBirmingham, AL 35205
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$802 - $2,599
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $2,572
Required Monthly Fees
$27
Total Monthly Price
$802 - $2,599
DMG Mountainside
101 Penthouse DrBirmingham, AL 35205
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$8191 Bedroom Apartments Available Apr 13
Southwood Gardens
1324 14th Ave SBirmingham, AL 35205
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Rent Specials
$850 - $1,5001 to 2 Bedroom Apartments Available Now
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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Rent Specials
$854 - $3,649
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$676 - $3,471
Required Monthly Fees
$178
Total Monthly Price
$854 - $3,649
The Avenues of Lakeshore
901 Wildwood CrossingBirmingham, AL 35211
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Rent Specials
$871 - $1,082
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$839 - $1,050
Required Monthly Fees
$32
Total Monthly Price
$871 - $1,082
Oakmont Apartments
2305 Arlington CresBirmingham, AL 35205
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Rent Specials
$875 - $1,675
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$800 - $1,600
Required Monthly Fees
$75
Total Monthly Price
$875 - $1,675
Valley Station Apartment Homes
834 Golden Gate LnBirmingham, AL 35209
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Rent Specials
$886 - $1,172
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$844 - $1,130
Required Monthly Fees
$42
Total Monthly Price
$886 - $1,172
Glen Iris Place
1119 11th PlBirmingham, AL 35205
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Rent Specials
$900 - $1,300Studio to 2 Bedroom Apartments Available Now
Silver Oak
1144 16th Ave SBirmingham, AL 35205
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$900 - $1,095
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$855 - $1,050
Required Monthly Fees
$45
Total Monthly Price
$900 - $1,095
Park On Valley
741 Barcelona CtBirmingham, AL 35209
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Rent Specials
$915 - $1,017
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$883 - $985
Required Monthly Fees
$32
Total Monthly Price
$915 - $1,017
The Ashton
1524 14th Ave SBirmingham, AL 35205
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$9452 Bedroom Apartments Available Now
1100 Cotton Ave SW
1100 Cotton Ave SWBirmingham, AL 35211
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$949 - $1,425
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$927 - $1,403
Required Monthly Fees
$22
Total Monthly Price
$949 - $1,425
513 at Valley
513 Valley AveBirmingham, 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 - $1,050
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$800 - $900
Required Monthly Fees
$150
Total Monthly Price
$950 - $1,050
Mountain Woods Apartments
1000 Beacon Pky EBirmingham, AL 35209
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$975 - $1,575
Total Monthly Price
Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$895 - $1,495
Required Monthly Fees
$80
Total Monthly Price
$975 - $1,575
Woodmere Creek Apartments
779 Woodmere Creek DrBirmingham, AL 35226
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$984 - $1,1151 to 2 Bedroom Apartments Available Now
Townview
1517 16th Ave SBirmingham, AL 35205
401 Skyview Dr
BirminghamAL35209
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Rent Specials
$999 - $1,467
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$967 - $1,435
Required Monthly Fees
$32
Total Monthly Price
$999 - $1,467
Fox Hall
1613 13th Ave SBirmingham, AL 35205
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$1,0002 Bedroom Apartment Available Now
1140 12th St S, Unit B
1140 12th St SBirmingham, AL 35205
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1 Bedroom Apartments
Clayton Court
705 1st St SBirmingham, AL 35205
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1 Bedroom Apartments
Renro Apartments
1013 Tuscaloosa Ave SWBirmingham, AL 35211
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2 Bedroom Apartments
Center Court Apartments
109 5th Ave SWBirmingham, AL 35211
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Studio to 2 Bedroom Apartments
The Park at Carlyle and Callington
200 Robert Jemison DrBirmingham, AL 35209
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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Studio to 1 Bedroom Apartments
Drake and Madrid
1931 15th Ave SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
Park Manor
1301 20th St SBirmingham, AL 35205
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1 Bedroom Apartments
Southridge Apartments
2133 16th Ave SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
University Crossings
261 3rd Ave SW unit 100Birmingham, AL 35211
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Studio to 2 Bedroom Apartments
Magnolia Court
1147 14th Ave SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
The Cordelle
1415 13th St SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
The Bellows
1438 18th St SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
The Hillside Apartments
1521 17th StBirmingham, AL 35205
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1 Bedroom Apartments
Wilbur
1605 12th St SBirmingham, AL 35205
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1 Bedroom Apartments
Sutton House
1416 14th St 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.
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2 Bedroom Apartments
Saint Charles
1420 18th St SBirmingham, AL 35205
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Studio to 1 Bedroom Apartments
Tivoli
1141 14th St SBirmingham, AL 35205
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1 Bedroom Apartments
South Hill - Five Points
1332 14th Ave SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
Glen Iris Arms
1620 11th Pl SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
Manor Village
1855 16th AveBirmingham, AL 35205
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Studio to 3 Bedroom Apartments
Oak Hill
1926 16th Ave SBirmingham, AL 35205
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1 Bedroom Apartments
The Bend
1325 13th Ave SBirmingham, AL 35205
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1 Bedroom Apartments
Terrace View
1301 18th Ave SBirmingham, AL 35205
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1 to 2 Bedroom Apartments
Signal Hill
1321 18th Ave SBirmingham, AL 35205
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1 Bedroom Apartments
Monroe Crest Apartments
1933 16th Ave SBirmingham, AL 35205
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 | $1,022 | $648 | $1,979 |
| Homewood 1 Bedroom Apartments | $1,270 | $699 | $2,214 |
| Homewood 2 Bedroom Apartments | $1,678 | $950 | $2,690 |
| Homewood 3 Bedroom Apartments | $1,803 | $1,199 | $2,782 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 75 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
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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. Terrace Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. 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 |
| Terrace Apartments | Studio 1 Bath - Ground Level | Studio,1BA | $715 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
| Beacon Pointe Apartments | 1 Bed/1 Bath | 1BR,1BA | $749 |
| Element 26 | 1x1 [1st Floor, Parking Lot Facing] | 1BR,1BA | $751 |
| The Bellows | 5-6 1 BR / 1 BTH | 1BR,1BA | $773 |
| The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $775 |
| DMG Mountainside | Mtn One Bedroom | 1BR,1BA | $802 |
| Tivoli | Units 8-10, 12-15 1 BR / 1 BTH | 1BR,1BA | $802 |
| Glen Iris Arms | 1 Bedroom / 1 Bathroom Apartment, First Level, ... | 1BR,1BA | $812 |
Best Value Apartments for Rent in Homewood, AL
As of February 22, 2026 the best value apartment in the Homewood area is the $0.96 price per square foot 3 Bedroom 2 Bedroom Model at Hickory Knoll in the in the Southwest Birmingham neighborhood starting from $1,299. The second greatest value Homewood apartment is the 2 Bedroom Model at Places at Red Rocks starting at $1,300 with a $1.19 price per square foot in the Smithfield 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 | $0.96 |
| Places at Red Rocks | 2 Bedroom | 2BR,1BA | $1.19 |
| Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
| Homewood Heights Apartment Homes | 2 BR | 1 BA | 2BR,1BA | $1.18 |
| Beacon Pointe Apartments | 2 Bed/2 Bath | 2BR,2BA | $1.06 |
| McCormic II Apartments | 2.5 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.21 |
| Silverado | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.07 |
| Park On Valley | 1x1 Previous Full Reno (pva1pf) | 1BR,1BA | $1.19 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
| DMG Mountainside | Mtn One Bedroom | 1BR,1BA | $1.07 |
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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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 LifestyleHomewood, Birmingham, AL
Ranked #11
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!
Frequently Asked Questions about Cheap Homewood Apartments
What is the Cheapest Studio apartment in Homewood?
Currently the most affordable Cheap Studio Apartment in Homewood is at University Ridge Apartments listed at $625.
How much is rent for a Cheap One Bedroom Homewood Apartment?
The lowest price for a Cheap One Bedroom Homewood Apartment is $749 at Beacon Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Homewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Homewood is starting from $897 at Silverado.
What is the most affordable Homewood Three Bedroom Apartment?
The best deal on a cheap Homewood Three Bedroom Apartment rental is at DMG Mountainside and starts from $1,107.
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.