Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $500 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points South area of Birmingham.

Terrace Apartments

Ramsay Apartments

Mountainside Apartments

The Hillside Apartments

The Fitzgerald in Five Points

The LaSalle

Thomas Jefferson Towers

Tower on Tenth

Advenir at Station 121

1133 Cullom St S, Unit # 2 1133 Cullom street

University Place

Jemison Flats
Five Points South, Birmingham, AL Local Guide

How much does it cost to rent an apartment in Five Points South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Points South Studio Apartments | $1,364 | $715 | $2,867 |
Five Points South 1 Bedroom Apartments | $1,552 | $718 | $4,272 |
Five Points South 2 Bedroom Apartments | $2,095 | $854 | $5,893 |
Five Points South 3 Bedroom Apartments | $2,094 | $1,299 | $4,362 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Five Points South Neighborhood of Birmingham, AL.
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Five Points South, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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Cheapest Available Five Points South Apartments for Rent
 The cheapest available apartment rental in the Five Points South area of Birmingham, AL is a Studio unit found at McCormic II Apartments priced from $629. Element 26 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $714. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McCormic II Apartments | Studio Apartment | Studio,1BA | $629 |
Element 26 | 1x1 [1st Floor, Street Facing] | 1BR,1BA | $714 |
Terrace Apartments | Studio 1 Bath - Ground Level | Studio,1BA | $715 |
Stratford | 1 Bedroom / 1 Bathroom Apartment, Top Level | 1BR,1BA | $734 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
The Richmond | Studio Apartment | Studio,1BA | $763 |
Wilbur | 1 Bedroom / 1 Bathroom Apartment, 8 | 1BR,1BA | $767 |
The Bellows | 5-6 1 BR / 1 BTH | 1BR,1BA | $768 |
Kisor Flats | A-B 1 BR / 1 BTH | 1BR,1BA | $774 |
The Dulion | Medium Studio | Studio,1BA | $785 |
Best Value Apartments for Rent in Five Points South, AL
As of March 29, 2025 the best value apartment in the Five Points South area is the $1.27 price per square foot 1433 15th Ave S Model at 1433 15th Ave S, Unit A in the in the Smithfield neighborhood starting from $1,750. The second greatest value Five Points South apartment is the Two Bedroom B Model at Mountainside Apartments starting at $1,229 with a $1.29 price per square foot in the West End neighborhood. Here is today’s list of the best values for Five Points South apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1433 15th Ave S, Unit A | 1433 15th Ave S | 2BR,1BA | $1.27 |
Mountainside Apartments | Two Bedroom B | 2BR,2BA | $1.29 |
Southside Manor | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.24 |
Silverado | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.04 |
The Irish | 1 Bedroom / 1 Bathroom Apartment, Second Level,... | 1BR,1BA | $1.25 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
The Fitzgerald in Five Points | 10-12 1 BR / 1 BTH | 1BR,1BA | $1.12 |
Magnolia Court | 2 Bedroom / 1 Bathroom Apartment, Ground Level | 2BR,1BA | $1.25 |
Charleston Court | 1 Bedroom / 1 Bathroom Apartment, Ground Level | 1BR,1BA | $1.26 |
Stratford | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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Lifestyle Ratings
Our team compares millions of points of data to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Birmingham, Alabama. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Five Points South Neighborhood in Birmingham, AL
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
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 Five Points South Apartments
What is a cheap apartment in Five Points South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points South is under $785.
What is the price of a cheap apartment in Five Points South?
The cheapest apartment in Five Points South is Element 26 which is listed at $714, while the average apartment in Five Points South costs $2,199.
What types of apartments are the cheapest in Five Points South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 83 regular apartments in Five Points South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Five Points South?
Cheap apartments in Five Points South have an average cost of $453 which is $1,746 cheaper than the average rent for all rentals in Five Points South.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.