Cheap Studio Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $625 (18 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Laurelton Oaks
Studio Apartments

Laurelton Oaks

1427 18th St SBirmingham, AL 35205
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Drake and Madrid
Studio Apartments

Drake and Madrid

1931 15th Ave SBirmingham, AL 35205
  • Utilities Included
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Park Manor
Studio Apartments

Park Manor

1301 20th St SBirmingham, AL 35205

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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The Cordelle
Studio Apartments

The Cordelle

1415 13th St SBirmingham, AL 35205
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Magnolia Court
Studio Apartments

Magnolia Court

1147 14th Ave SBirmingham, AL 35205
  • Utilities Included
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Rue 14
Studio Apartments

Rue 14

1619 14th Ave SBirmingham, AL 35205
  • Utilities Included
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Flats on 15th
Studio Apartments

Flats on 15th

1322 15th Ave SBirmingham, AL 35205

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.

Homewood, Birmingham, AL Local Guide

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Lifestyle
Homewood, Birmingham, AL

Ranked #11

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 $819.

What is the price of a cheap apartment in Homewood?

The cheapest apartment in Homewood is University Ridge Apartments which is listed at $625, while the average apartment in Homewood costs $2,789.

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 179 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 $1,064 which is $1,725 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.