
Cheap Homes for Rent in the Homewood Neighborhood of Birmingham, AL from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Homewood area of Birmingham.


1100 Cotton Ave SW, Unit b

1508 Dennison Ave SW
828 Beacon Pky E, Unit A
832 Beacon Pkwy E
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

2233 2nd St S

1502 16th Ave S

408 Skyview Dr

1031 Cotton Ave SW

406 Skyview Dr
Rent According to Income: A Look at Income-Restricted Rentals
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1217 15th Ave S

1215 15th Ave S

806 Gamma St S

713 Center Pl SW

2136 16th Ave S
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2409 Arlington Crescent, Unit D
Homewood, Birmingham, AL Local Guide

How much does it cost to rent a home in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood 2 Bedroom Homes for Rent | $1,575 | $800 | $2,750 |
| Homewood 3 Bedroom Homes for Rent | $2,032 | $1,100 | $3,800 |
| Homewood 4 Bedroom Homes for Rent | $2,508 | $2,295 | $2,995 |
| Homewood 5 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
| Homewood 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Homewood Neighborhood of Birmingham, AL.
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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. McCormic II Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $633. 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 |
| McCormic II Apartments | Studio Apartment | Studio,1BA | $633 |
| PARK MANOR | 0BR/1.0BA | Studio,1BA | $699 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
| Beacon Pointe Apartments | 2 Bed/2 Bath | 2BR,2BA | $749 |
Best Value Apartments for Rent in Homewood, AL
As of September 10, 2026 the best value apartment in the Homewood area is the $1.07 price per square foot 3BD 1 BATH Model at 621 19th Ct S in the in the Woodland Park neighborhood starting from $1,500. The second greatest value Homewood apartment is the 3 Bedroom 2 Bedroom Model at Hickory Knoll starting at $1,540 with a $1.14 price per square foot in the Southwest Birmingham 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. |
|---|---|---|---|
| 621 19th Ct S | 3BD 1 BATH | 3BR,1BA | $1.07 |
| Hickory Knoll | 3 Bedroom 2 Bedroom | 3BR,2BA | $1.14 |
| Laurelton Oaks | 2 Bedroom / 1 Bathroom Apartment, Ground Level,... | 2BR,1BA | $1.18 |
| Places at Red Rocks | 1 Bedroom | 1BR,1BA | $0.86 |
| Valley Station | 2 x 1 A-R | 2BR,1BA | $1.14 |
| 402 Skyview Dr, Unit Unit F | 402 Skyview Dr | 2BR,1BA | $1.03 |
| Lotus Homewood | 825 Oak Leaf Cir | 2BR,1BA | $1.18 |
| Beacon Pointe Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.00 |
| Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
| PARK MANOR | 0BR/1.0BA | Studio ,1BA | $1.10 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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.
Pet Friendly LifestyleHomewood, Birmingham, AL
Ranked #9
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
Frequently Asked Questions about Homewood
What type of rentals are currently available in Homewood?
There are currently 245 Apartments for Rent in Homewood, AL with pricing that ranges from $620 to $3,950. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homewood ranging from $800 to $4,500.
What is the current price range for Rental Homes in Homewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homewood ranges from $800 to $4,500 with an average monthly rent of $1,833.
How much are larger Three and Four Bedroom Rentals in Homewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homewood range from $1,188 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,789.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.