Cheap Homes for Rent in Central Park Neighborhood of Birmingham, AL from $700 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Central Park area of Birmingham.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Central Park, Birmingham, AL Local Guide

Cheapest Available Central Park Apartments for Rent

 

The cheapest available apartment rental in the Central Park area of Birmingham, AL is a Studio unit found at The Park at Buckingham priced from $648. The Pearl at Homewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here are the most affordable Central Park apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
The Park at BuckinghamThe ElmStudio,1BA$648
The Pearl at Homewood1 Bedroom, 1 Bathroom1BR,1BA$738
University CrossingsModel A1BR,1BA$740
Adona ApartmentsThe Elm/EvergreenStudio,1BA$775
Vines at Hillside2 Bed, 1 Bath2BR,1BA$799

Best Value Apartments for Rent in Central Park, AL

As of May 13, 2025 the best value apartment in the Central Park area is the $1.40 price per square foot Renovated 3 Bedroom, 2 Bathroom Model at The Pearl at Homewood in the in the West End neighborhood starting from $1,409. The second greatest value Central Park apartment is the 2 BR | 1 BA with W/D Model at Homewood Heights Apartment Homes starting at $1,125 with a $1.18 price per square foot in the West End neighborhood. Here is today’s list of the best values for Central Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Pearl at HomewoodRenovated 3 Bedroom, 2 Bathroom3BR,2BA$1.40
Homewood Heights Apartment Homes2 BR | 1 BA with W/D2BR,1BA$1.18
Vines at Hillside2 Bed, 1 Bath2BR,1BA$0.94
Park Estates Duplexes1 bedroom x 1 bath1BR,1BA$1.29
Colina WeHoAshton1BR,1BA$2.32
The Pointe ArlingtonOne Bedroom1BR,1BA$1.43
University Crossings2 Bed 1 Bath Small2BR,1BA$1.47
The Park at BuckinghamThe ElmStudio ,1BA$1.32
Adona ApartmentsThe Elm/EvergreenStudio ,1BA$1.79

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Central Park

What type of rentals are currently available in Central Park?

There are currently 123 Apartments for Rent in Central Park, AL with pricing that ranges from $600 to $2,690. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Park ranging from $700 to $1,550.

What is the current price range for Rental Homes in Central Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Park ranges from $700 to $1,550 with an average monthly rent of $1,024.

How much are larger Three and Four Bedroom Rentals in Central Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Park range from $949 to $2,670, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,350. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $1,195.

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

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.