
Cheap Homes for Rent in Oakwood Place Neighborhood of Birmingham, AL from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood Place area of Birmingham.


413 Fulton Ave SW

408 Tuscaloosa Ave

1012 4th Ave W, Unit 2

1024 4th Ave W, Unit b

1045 57th St

1061 57th St
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.

1272 Meadow Ln

614 1st St N

5836 Court Q

1782 McMillon Ave

1848 Princeton Ct SW

1532 31st St Ensley

2028 Lee Terrace SW
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.

3332 Walnut Ave SW

1100 Cotton Ave SW, Unit b

1508 Dennison Ave SW

1618 51st St W

5512 Ter Q

2529 20th Street Ensley

5712 Monte Sano Dr
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.
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 | $986 | $800 | $1,350 |
| Oakwood Place 3 Bedroom Homes for Rent | $1,110 | $650 | $1,720 |
| Oakwood Place 4 Bedroom Homes for Rent | $1,316 | $1,000 | $1,500 |
| Oakwood Place 5 Bedroom Homes for Rent | $1,585 | $1,585 | $1,585 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 |
| The Park at Callington | 1 Bed/1 Bath | 1BR,1BA | $1,045 |
| The Pearl at Homewood | Two Bedroom Two Bath Large | 2BR,2BA | $1,169 |
Best Value Apartments for Rent in Oakwood Place, AL
As of April 12, 2026 the best value apartment in the Oakwood Place area is the $1.33 price per square foot Two Bedroom 1.5 Bath Townhome Model at The Pearl at Homewood in the in the West End neighborhood starting from $1,315. The second greatest value Oakwood Place apartment is the 1 Bed/1 Bath Model at The Park at Callington starting at $1,045 with a $1.33 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 1.5 Bath Townhome | 2BR,1.5BA | $1.33 |
| 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 | 1/1.00 | 1BR,1BA | $1.25 |
| Fountain Blue | 1x1 | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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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 #75
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $600 to $1,769. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Place ranging from $650 to $1,720.
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 $650 to $1,720 with an average monthly rent of $1,150.
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.