Cheap Homes for Rent in the Oakwood Place Neighborhood of Birmingham, AL from $700 (65 Rentals)

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

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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property at 3118 Avenue Q

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

3 Bedroom, 1 Bath Home for Rent

Available Now

3118 Avenue Q

BirminghamAL35208

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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. Pointe Arlington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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
Pointe Arlington1/1.001BR,1BA$700
Serenity at Valley Creek1 Bedroom1BR,1BA$700
Vines at Hillside2 Bed, 1 Bath2BR,1BA$799
Fountain Blue2x1.52BR,1BA$800
The Pearl at HomewoodOne Bedroom One Bath Large1BR,1BA$890
5710 Monte Sano Dr2 Beds, 1 Baths2BR,1BA$950
Park Terrace Apartments1/1.001BR,1BA$1,015
The Park at Callington1 Bed/1 Bath1BR,1BA$1,045
Homewood Heights1 x 1 Prem1BR,1BA$1,100

Best Value Apartments for Rent in Oakwood Place, AL

As of August 27, 2026 the best value apartment in the Oakwood Place area is the $1.31 price per square foot Three Bedroom Two Bath Model at The Pearl at Homewood in the in the West End neighborhood starting from $1,589. The second greatest value Oakwood Place apartment is the 1 x 1 Prem Model at Homewood Heights starting at $1,100 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.
The Pearl at HomewoodThree Bedroom Two Bath3BR,2BA$1.31
Homewood Heights1 x 1 Prem1BR,1BA$1.29
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
Serenity at Valley Creek1 Bedroom1BR,1BA$0.99
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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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 #43

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

Pet Friendliness Lifestyle Score

3.5
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 135 Apartments for Rent in Oakwood Place, AL with pricing that ranges from $595 to $1,699. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Place ranging from $700 to $3,000.

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 $700 to $3,000 with an average monthly rent of $1,149.

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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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.