Cheap Homes for Rent in Oakwood Place Neighborhood of Birmingham, AL from $500 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakwood Place area of Birmingham.

property at 1529 1st Ave W

1529 1st Ave W

BirminghamAL35208

Oakwood Place, Birmingham, AL Local Guide

Cheapest Available Oakwood Place Apartments for Rent

 

The cheapest available apartment rental in the Oakwood Place 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 $722. Here are the most affordable Oakwood Place apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
The Park at BuckinghamThe ElmStudio,1BA$648
The Pearl at Homewood1 Bedroom, 1 Bathroom1BR,1BA$722
University CrossingsModel A1BR,1BA$740
Adona ApartmentsThe Elm/EvergreenStudio,1BA$775
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$900
Homewood Heights Apartment Homes1 BR | 1 BA1BR,1BA$1,020

Best Value Apartments for Rent in Oakwood Place, AL

As of July 29, 2025 the best value apartment in the Oakwood Place area is the $1.20 price per square foot 1 BR | 1 BA Model at Homewood Heights Apartment Homes in the in the West End neighborhood starting from $1,020. The second greatest value Oakwood Place apartment is the 1 bedroom x 1 bath Model at Park Estates Duplexes starting at $900 with a $1.29 price per square foot in the West End neighborhood. Here is today’s list of the best values for Oakwood Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homewood Heights Apartment Homes1 BR | 1 BA1BR,1BA$1.20
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$1.29
The Pearl at Homewood1 Bedroom, 1 Bathroom1BR,1BA$1.18
University Crossings2 Bed 1 Bath Small2BR,1BA$1.47
The Park at BuckinghamThe ElmStudio ,1BA$1.32
Adona ApartmentsThe Elm/EvergreenStudio ,1BA$1.79

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Frequently Asked Questions about Oakwood Place

What type of rentals are currently available in Oakwood Place?

There are currently 133 Apartments for Rent in Oakwood Place, AL with pricing that ranges from $595 to $1,769. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Place ranging from $550 to $2,250.

What is the current price range for Rental Homes in Oakwood Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood Place ranges from $550 to $2,250 with an average monthly rent of $1,151.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.