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$799 - $1,2001 to 4 Bedroom Apartments Contact Us For Availability
Carson Crest Apartments & Townhomes
1401 Carson RdBirmingham, AL 35215
Cheap Apartments for Rent in the Penfield Park Neighborhood of Birmingham, AL from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penfield Park area of Birmingham.
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$530 - $6651 to 3 Bedroom Apartments Available Now
Springville Landing Apartments
1061 Huffman RdBirmingham, AL 35215
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Studio to 1 Bedroom Apartments
Madrid Apartments
7745 Madrid AveBirmingham, AL 35206
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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1 to 3 Bedroom Apartments
The Park at Sunderland
660 Valley Crest DrBirmingham, AL 35215
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1 to 2 Bedroom Apartments
R Apartments @ 4th Avenue
7778-7780 4th Ave SBirmingham, AL 35206
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1 to 3 Bedroom Apartments
Carson Landing Apartments
741 15th Ct NWCenter Point, AL 35215
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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Penfield Park, Birmingham, AL Local Guide
How much does it cost to rent an apartment in Penfield Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield Park 1 Bedroom Apartments | $720 | $530 | $799 |
| Penfield Park 2 Bedroom Apartments | $742 | $565 | $899 |
| Penfield Park 3 Bedroom Apartments | $940 | $665 | $1,100 |
| Penfield Park 4 Bedroom Apartments | $1,200 | $1,200 | $1,200 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Penfield Park Neighborhood of Birmingham, AL.
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Cheapest Available Penfield Park Apartments for Rent
The cheapest available apartment rental in the Penfield Park area of Birmingham, AL is a 1 Bed unit found at Springville Landing Apartments priced from $530. Twin Gates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Penfield Park apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Springville Landing Apartments | 1x1 | 1BR,1BA | $530 |
| Twin Gates | 1 Bed, 1 bath | 1BR,1BA | $675 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $750 |
Best Value Apartments for Rent in Penfield Park, AL
As of July 17, 2026 the best value apartment in the Penfield Park area is the $0.65 price per square foot 3x1.5 Model at Springville Landing Apartments in the in the Maple Grove neighborhood starting from $665. The second greatest value Penfield Park apartment is the Apt 8 Model at 7721 1st Avenue South starting at $925 with a $0.97 price per square foot in the Woodlawn neighborhood. Here is today’s list of the best values for Penfield Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Springville Landing Apartments | 3x1.5 | 3BR,1.5BA | $0.65 |
| 7721 1st Avenue South | Apt 8 | 3BR,1BA | $0.97 |
| The Park at Sunderland | 2 Bedroom Premiere | 2BR,2BA | $1.58 |
| Carson Crest Apartments & Townhomes | 1 BR/1 BA | 1BR,1BA | $0.89 |
| Twin Gates | 1 Bed, 1 bath | 1BR,1BA | $0.90 |
Frequently Asked Questions about Cheap Penfield Park Apartments
How much is rent for a Cheap One Bedroom Penfield Park Apartment?
The lowest price for a Cheap One Bedroom Penfield Park Apartment is $530 at Springville Landing Apartments.
What is the lowest price for a Cheap Two Bedroom Penfield Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penfield Park is starting from $565 at Springville Landing Apartments.
What is the most affordable Penfield Park Three Bedroom Apartment?
The best deal on a cheap Penfield Park Three Bedroom Apartment rental is at Springville Landing Apartments and starts from $665.
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.
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.
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.
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.