
Cheap Apartments for Rent in Homewood, AL from $300 with Swimming Pool (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Homewood.


Valora at Homewood

Total Monthly Price
Shadesmont Apartments

Total Monthly Price
Chastaine Park Apartments

The Jameson

The Crescent at Lakeshore

Homewood Heights

Hickory Knoll

The Brookwood
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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The Abbey at Regents Walk

1740 Valley Ave

2613 11th Ave S

Beacon Pointe Apartments

513 at Valley

DMG Mountainside

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Lotus Homewood

Total Monthly Price
Top of the Cliff

The Avenues of Lakeshore
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cadence at Bluff Park

Total Monthly Price
University Place

3350 Altamont Rd S, Unit E6

Valley Station

Mountain Woods Apartments

High Pointe

Woodmere Creek Apartments

55 Hanover Cir

MarQ Vestavia
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Ellison
1000 Beacon Pkwy E

Chestnut Tree

The 700

Total Monthly Price
Cliff Terrace

Berry Falls

Met on 7th

Vestavia Park Apartments, LLC

57 Hanover Cir, Unit 220
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lakeshore Ridge

The Oaks at Lakeshore

Kreekview Apartments

The Park at Wellington

1782 McMillon Ave

1502 16th Ave S

1820 3rd Pl SW

Manhattan Apartments

501 5th St SW
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.

5757 Hanover Cir
838 Beacon Pkwy W
Homewood, AL Local Guide

How much does it cost to rent an apartment in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood Studio Apartments | $1,254 | $625 | $2,336 |
| Homewood 1 Bedroom Apartments | $1,506 | $695 | $10,000+ |
| Homewood 2 Bedroom Apartments | $1,724 | $779 | $8,156 |
| Homewood 3 Bedroom Apartments | $1,865 | $875 | $4,457 |
| Homewood 4 Bedroom Apartments | $1,728 | $659 | $3,785 |
Explore Homewood
Homewood, AL Local Guide
- Nearby Cities
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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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Homewood, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Homewood, AL Rentals by Map
See the most popular apartments and homes in Homewood, AL
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 $600 at 914 14th St SW.
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 $800 at Pointe Arlington.
What is the most affordable Homewood Three Bedroom Apartment?
The best deal on a cheap Homewood Three Bedroom Apartment rental is at Pointe Arlington and starts from $900.
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.