Cheap Homes for Rent in the Oakwood Place Neighborhood of Birmingham, AL from $500 (25 Rentals)

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

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.

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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.

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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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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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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 1 Bed unit found at 914 14th St SW priced from $600. Pinehaven West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Oakwood Place apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
914 14th St SW1 Beds, 1 Baths1BR,1BA$600
Pinehaven West1 Bed, 1 bath1BR,1BA$675
Pointe Arlington1/1.001BR,1BA$700
The Pearl at HomewoodOne Bedroom One Bath1BR,1BA$720
Vines at Hillside2 Bed, 1 Bath2BR,1BA$799

Best Value Apartments for Rent in Oakwood Place, AL

As of July 12, 2026 the best value apartment in the Oakwood Place area is the $0.94 price per square foot 2 Bed, 1 Bath Model at Vines at Hillside in the in the Five Points West neighborhood starting from $799. The second greatest value Oakwood Place apartment is the 2x1.5 Model at Fountain Blue starting at $800 with a $0.98 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.
Vines at Hillside2 Bed, 1 Bath2BR,1BA$0.94
Fountain Blue2x1.52BR,1.5BA$0.98
The Park at Callington1 Bed/1 Bath1BR,1BA$1.33
The Pearl at HomewoodOne Bedroom One Bath Large1BR,1BA$1.20
Pinehaven West1 Bed, 1 bath1BR,1BA$0.96
5710 Monte Sano Dr2 Beds, 1 Baths2BR,1BA$1.36
Pointe Arlington2/1.002BR,1BA$1.29
Park Terrace Apartments1/1.001BR,1BA$2.03

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

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 Lifestyle
Oakwood Place, Birmingham, AL

Ranked #71

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Oakwood Place

What type of rentals are currently available in Oakwood Place?

There are currently 128 Apartments for Rent in Oakwood Place, AL with pricing that ranges from $650 to $1,659. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Place ranging from $525 to $1,850.

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 $525 to $1,850 with an average monthly rent of $1,198.

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

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.