
Cheap Homes for Rent in Oakwood Place Neighborhood of Birmingham, AL from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood Place area of Birmingham.


408 Tuscaloosa Ave

1018 4th Ave W

1018 4th Ave W

412 Tuscaloosa Ave
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.

2421 29th Street Ensley

441 5th Pl W

1348 41st Street Ensley

1061 57th St

1045 57th St
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.

1272 Meadow Ln

614 1st St N

1720 Cullman Ave

1532 31st St Ensley

2028 Lee Terrace SW
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

2529 20th Street Ensley

3221 Avenue S
Oakwood Place, Birmingham, AL Local Guide

How much does it cost to rent a home in Oakwood Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood Place 2 Bedroom Homes for Rent | $938 | $750 | $1,095 |
| Oakwood Place 3 Bedroom Homes for Rent | $1,233 | $850 | $2,250 |
| Oakwood Place 4 Bedroom Homes for Rent | $1,362 | $1,000 | $1,500 |
| Oakwood Place 5 Bedroom Homes for Rent | $1,571 | $1,400 | $1,685 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Oakwood Place Neighborhood of Birmingham, AL.
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Oakwood Place, Birmingham, AL Local Guide
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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 Serenity Apartments at Valley Creek priced from $675. Fountain Blue 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Apartments at Valley Creek | 1 Bed, 1 bath | 1BR,1BA | $675 |
| Fountain Blue | 1x1 | 1BR,1BA | $675 |
| Pointe Arlington | 1/1.00 | 1BR,1BA | $700 |
| Vines at Hillside | 2 Bed, 1 Bath | 2BR,1BA | $799 |
| The Pearl at Homewood | Two Bedroom Two Bath Large | 2BR,2BA | $950 |
Best Value Apartments for Rent in Oakwood Place, AL
As of February 24, 2026 the best value apartment in the Oakwood Place area is the $1.27 price per square foot Two Bedroom Two Bath Townhome Model at The Pearl at Homewood in the in the West End neighborhood starting from $1,450. The second greatest value Oakwood Place apartment is the 2720 Ensley 5 Points W Ave Model at 2720 Ensley 5 Points W Ave, Unit Boardwalk Apartments starting at $795 with a $0.80 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Pearl at Homewood | Two Bedroom Two Bath Townhome | 2BR,2BA | $1.27 |
| 2720 Ensley 5 Points W Ave, Unit Boardwalk Apartments | 2720 Ensley 5 Points W Ave | 3BR,1BA | $0.80 |
| Homewood Heights Apartment Homes | 2 BR | 1 BA | 2BR,1BA | $1.18 |
| Vines at Hillside | 2 Bed, 1 Bath | 2BR,1BA | $0.94 |
| The Park at Callington | 1 Bed/1 Bath | 1BR,1BA | $1.33 |
| Serenity Apartments at Valley Creek | 1 Bed, 1 bath | 1BR,1BA | $0.96 |
| Pointe Arlington | 2/1.00 | 2BR,1BA | $1.29 |
| Fountain Blue | 1x1 | 1BR,1BA | $1.23 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 LifestyleOakwood Place, Birmingham, AL
Ranked #73
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Oakwood Place
What type of rentals are currently available in Oakwood Place?
There are currently 137 Apartments for Rent in Oakwood Place, AL with pricing that ranges from $625 to $1,769. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Place ranging from $589 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 $589 to $2,250 with an average monthly rent of $1,165.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.