Cheap Apartments for Rent in Homewood, AL from $300 (167 Rentals)

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Evan Arms Apartments
Studio to 1 Bedroom Apartments

Evan Arms Apartments

912 Oxmoor RdHomewood, AL 35209
  • Utilities Included

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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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 1504 12th St S

1504 12th St S

BirminghamAL35205

Cash 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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 University Ridge Apartments in the Smithfield neighborhood priced from $625. Valora at Homewood in the Woodland Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Homewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Ridge ApartmentsStudioStudio,1BA$625
Valora at HomewoodQuincy1BR,1BA$649
Pointe Arlington1/1.001BR,1BA$700
Montrose and MontclairStudio Apartment - MontroseStudio,1BA$735
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Ramsay ApartmentsStudio ApartmentStudio,1BA$752
Adona ApartmentsThe Elm/EvergreenStudio,1BA$775
Park On ValleyStudio Full Reno (pvspf)Studio,1BA$775
University Crossings2 Bed 1 Bath Small2BR,1BA$780
TivoliUnits 8-10, 12-15 1 BR / 1 BTH1BR,1BA$785

Best Value Apartments for Rent in Homewood, AL

As of September 09, 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
TownviewTOWN VIEW 2X22BR,2BA$1.08
Blue Heights1.5 Bedroom / 2 Bathroom Apartment, Ground Level1BR,2BA$1.04
1412 11th St S, Unit #231412 11th St S2BR,1BA$1.09
Highpointe Apartments1x11BR,1BA$1.12
Alight Birmingham2 BEDROOM, 2 BATH2BR,2BA$0.77
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Pearl at Homewood1 Bedroom, 1 Bathroom1BR,1BA$1.13
Ramsay ApartmentsStudio ApartmentStudio ,1BA$1.12

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Best Local Schools in
Homewood, AL

School data provided by Great Schools

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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 University Ridge Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Homewood Apartment is $649 at Valora at Homewood.

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 $780 at University Crossings.

What is the most affordable Homewood Three Bedroom Apartment?

The best deal on a cheap Homewood Three Bedroom Apartment rental is at Highpointe Apartments and starts from $1,125.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.