
Top Rated Cheap Apartments for Rent in Homewood, AL from $300 (15 Rentals)
Top Rated Apartments in Homewood.
Cheap Apartments in Homewood.


Terrace Apartments

The LaSalle

Flats on 15th

The Frank
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.

The 700

Highland Riviera

The Delacroix

The Tivoli

Silverado
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.

The View on 18th

Vestavia Place

Flanagan Flats

Vestawood

Vestavia Plaza Apartments
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.
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 | $1,262 | $625 | $2,336 |
| Homewood 1 Bedroom Apartments | $1,489 | $695 | $10,000+ |
| Homewood 2 Bedroom Apartments | $1,655 | $595 | $8,156 |
| Homewood 3 Bedroom Apartments | $1,840 | $900 | $4,457 |
| Homewood 4 Bedroom Apartments | $1,712 | $659 | $4,300 |
Explore Homewood
Homewood, AL Local Guide
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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 McCormic II Apartments listed at $588.
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 Vestavia Place and starts from $1,199.
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.

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.

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.

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.