Cheap Apartments for Rent in Homewood, AL from $300 (114 Rentals)

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Evan Arms Apartments
Studio to 1 Bedroom Apartments

Evan Arms Apartments

912 Oxmoor RdHomewood, AL 35209
  • Utilities Included

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.

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Homewood, AL Local Guide

Cheapest Available Homewood Apartments for Rent

 

The cheapest available apartment rental in Homewood, AL is a Studio unit found at The Park at Buckingham in the West End neighborhood priced from $648. Magnolia Court in the Woodland Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $702. Here is today’s list of the most affordable Homewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Park at BuckinghamThe ElmStudio,1BA$648
Magnolia CourtStudio ApartmentStudio,1BA$702
The Pearl at Homewood1 Bedroom, 1 Bathroom1BR,1BA$708
Cliff PlaceStudio ApartmentStudio,1BA$716
University CrossingsModel A1BR,1BA$740
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
The DulionMedium StudioStudio,1BA$745
Wilbur1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$746
Terrace Apartments1 Bedroom 1 Bath - Ground Level1BR,1BA$770

Best Value Apartments for Rent in Homewood, AL

As of June 24, 2025 the best value apartment in the Homewood area is the $0.98 price per square foot 2 Bed / 2 Bath Model at Shadesmont Apartments in the in the Woodland Park neighborhood starting from $1,050. The second greatest value Homewood apartment is the 2 Bedroom 1 Bathroom Model at Hickory Knoll starting at $1,212 with a $1.13 price per square foot in the Southwest Birmingham neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$0.98
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1.13
Valley Crest2x1 Previous Full Reno (vcb1pf)2BR,1BA$1.16
The View on 18th2BR / 1BA2BR,1BA$1.05
Park On Valley1x1 Previous Full Reno (pva1pf)1BR,1BA$1.16
Beacon Pointe ApartmentsWelcome to Beacon Pointe - 1 Bed | 1 Bath1BR,1BA$1.13
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Fitzgerald in Five Points10-12 1 BR / 1 BTH1BR,1BA$1.13
Parkview1 Bedroom / 1 Bathroom Apartment1BR,1BA$1.15
Ramsay ApartmentsStudio ApartmentStudio ,1BA$1.16

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Best Local Schools in
Homewood, AL

School data provided by Great Schools

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See the most popular apartments and homes in Homewood, AL

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Getting Around Homewood, AL

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Homewood Apartments

What is the Cheapest Studio apartment in Homewood?

Currently the most affordable Cheap Studio Apartment in Homewood is at The Park at Buckingham listed at $648.

How much is rent for a Cheap One Bedroom Homewood Apartment?

The lowest price for a Cheap One Bedroom Homewood Apartment is $699 at The Bend.

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

Today's best deal for a Cheap Two Bedroom Apartment in Homewood is starting from $749 at Mill House.

What is the most affordable Homewood Three Bedroom Apartment?

The best deal on a cheap Homewood Three Bedroom Apartment rental is at The Avenues of Lakeshore and starts from $1,283.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.