Cheap Apartments for Rent in the Sherman Heights Neighborhood of Birmingham, AL from $700 (4 Rentals)

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

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.

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.

Sherman Heights, Birmingham, AL Local Guide

Best Value Apartments for Rent in Sherman Heights, AL

As of June 10, 2026 the best value apartment in the Sherman Heights area is the $0.98 price per square foot 2x1.5 Model at Fountain Blue in the in the West End neighborhood starting from $800. The second greatest value Sherman Heights apartment is the 1 Bed, 1 bath Model at Serenity Apartments at Valley Creek starting at $675 with a $0.96 price per square foot in the West End neighborhood. Here is today’s list of the best values for Sherman Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Blue2x1.52BR,1.5BA$0.98
Serenity Apartments at Valley Creek1 Bed, 1 bath1BR,1BA$0.96
1001 21st Street Ensley, Unit B1001 21st Street Ensley2BR,1BA$1.07
Park at ForestdaleOne Bedroom, One Bath1BR,1BA$0.94
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$1.29

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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Quick 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.

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Cheap Sherman Heights Apartments

What is the lowest price for a Cheap Two Bedroom Sherman Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherman Heights is starting from $737 at Park at Forestdale.

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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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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.