Cheap Apartments for Rent in Homewood, AL from $300 with Washer/Dryer (120 Rentals)

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Search the lowest-cost Apartments available for rent right now in Homewood.

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Evan Arms Apartments
Studio to 1 Bedroom Apartments

Evan Arms Apartments

912 Oxmoor RdHomewood, AL 35209
  • Utilities Included

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.

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University Place
Rent Specials
$899 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $2,050

Total Monthly Price
$899 - $2,050
Studio to 2 Bedroom Apartments Available Now

University Place

951 18th St SBirmingham, AL 35205
Student Housing
  • Verified
  • Customer Reviewed
  • 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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Highland Cliffs
$900 - $1,192
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,192

Total Monthly Price
$900 - $1,192
1 Bedroom Apartments Available Now

Highland Cliffs

3401 Cliff RdBirmingham, AL 35205
Affordability
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  • Customer Reviewed
  • 3D Tour
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Cliff Terrace
$921 - $1,368
Total Monthly Price

Total Monthly Price

Base Rent
$921 - $1,368

Total Monthly Price
$921 - $1,368
1 to 2 Bedroom Apartments Available Now

Cliff Terrace

3477 Cliff Ter SBirmingham, AL 35205
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Fox Hall
$924 - $1,252
Total Monthly Price

Total Monthly Price

Base Rent
$924 - $1,252

Total Monthly Price
$924 - $1,252
1 to 2 Bedroom Apartments Available Now

Fox Hall

1613 13th Ave SBirmingham, AL 35205
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

property at 55 Hanover Cir

$1,000 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,500

Total Monthly Price
$1,000 - $1,500

1 To 2 Bedroom Condos for Rent

Available Now

55 Hanover Cir

BirminghamAL35205
property at 57 Hanover Cir

$1,000 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,300

Total Monthly Price
$1,000 - $1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

57 Hanover Cir

BirminghamAL35205

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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Merry Rowe
$1,121 - $1,243
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $1,243

Total Monthly Price
$1,121 - $1,243
2 Bedroom Apartments Available Now

Merry Rowe

1629 14th Ave SBirmingham, AL 35205
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  • Customer Reviewed
  • Utilities Included
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The Villas
$1,149 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,260

Total Monthly Price
$1,149 - $1,260
1 Bedroom Apartments Available Now

The Villas

2724 Niazuma Ave SBirmingham, AL 35205
Affordability
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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.

Homewood, AL Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Homewood, AL Rentals by Map

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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 $700 at Pointe Arlington.

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 $970 at The Pearl at Homewood.

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

decorative image for Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.