Cheap Apartments for Rent in the Parkside Neighborhood of Birmingham, AL from $700 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkside area of Birmingham.

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University Place
$899 - $2,315
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $2,315
Total Monthly Price
$899 - $2,315
Studio to 2 Bedroom Apartments Available Now

University Place

951 18th St SBirmingham, AL 35205
Student Housing
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  • Utilities Included

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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Parkside, Birmingham, AL Local Guide

Cheapest Available Parkside Apartments for Rent

 

The cheapest available apartment rental in the Parkside area of Birmingham, AL is a Studio unit found at University Place priced from $899. The Frank has the second lowest priced unit, which is a Studio apartment currently listed from $989. Here are the most affordable Parkside apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
University PlaceSmall StudioStudio,1BA$899
The FrankStudio 1 Bath-IStudio,1BA$989
Terrace Court1x1 [2nd Floor]1BR,1BA$1,037
Thomas Jefferson TowersThe Cabana1BR,1BA$1,059
The EllisonPurbeckStudio,1BA$1,064
Jemison FlatsStudio LayoutStudio,1BA$1,275
20 MidtownMS1Studio,1BA$1,305
The FitzroyThe LyricStudio,1BA$1,353
The WaitesB21BR,1BA$1,400
Theatre LoftsLumen1BR,1BA$1,450

Best Value Apartments for Rent in Parkside, AL

As of August 08, 2026 the best value apartment in the Parkside area is the $1.70 price per square foot 2 Bedroom Model at Ideal Building in the in the Smithfield neighborhood starting from $2,300. The second greatest value Parkside apartment is the Opera Model at Theatre Lofts starting at $1,900 with a $1.73 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Parkside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ideal Building2 Bedroom2BR,2BA$1.70
Theatre LoftsOpera1BR,1BA$1.73
Flats on 4thMoseley2BR,2BA$2.05
Terrace Court1x1 [2nd Floor]1BR,1BA$1.08
Jemison Flats1 Bedroom1BR,1BA$1.68
Steelhaven Birmingham2CR2BR,2BA$2.26
Reserve on 3rdBuilding 2: A2-P1BR,1BA$1.95
The WaitesB21BR,1BA$1.97
The EllisonPortland1BR,1BA$2.11
Thomas Jefferson TowersThe Cabana1BR,1BA$2.16

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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Birmingham. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Parkside Apartments

What is a cheap apartment in Parkside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkside is under $1,450.

What is the price of a cheap apartment in Parkside?

The cheapest apartment in Parkside is Terrace Court which is listed at $1,037, while the average apartment in Parkside costs $1,647.

What types of apartments are the cheapest in Parkside?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Parkside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parkside?

Cheap apartments in Parkside have an average cost of $899 which is $748 cheaper than the average rent for all rentals in Parkside.

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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