Cheap Apartments for Rent in the Five Points South Neighborhood of Birmingham, AL from $400 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points South area of Birmingham.

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Park Manor
Studio to 1 Bedroom Apartments

Park Manor

1301 20th St SBirmingham, AL 35205
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Drake and Madrid
Studio to 1 Bedroom Apartments

Drake and Madrid

1931 15th Ave SBirmingham, AL 35205
  • Utilities Included
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Places At Red Rocks
1 to 2 Bedroom Apartments

Places At Red Rocks

1534 17th StBirmingham, AL 35205
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Highland Towers
Studio Apartments

Highland Towers

2257 Highland Ave SBirmingham, AL 35205
  • Utilities Included
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Kisor Flats
1 Bedroom Apartments

Kisor Flats

1426 18th St SBirmingham, AL 35205
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Davis House
1 to 2 Bedroom Apartments

Davis House

1117 23rd St SBirmingham, AL 35205
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Hermosa
Studio Apartments

Hermosa

1127 23rd St SBirmingham, AL 35205
  • Utilities Included
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Southwood Gardens
1 Bedroom Apartments

Southwood Gardens

1324 14th Ave SBirmingham, AL 35205
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Cedar South
1 Bedroom Apartments

Cedar South

1700 Cullom St SBirmingham, AL 35205
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The Bend
1 Bedroom Apartments

The Bend

1325 13th Ave SBirmingham, AL 35205
Affordability
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The Richmond
1 Bedroom Apartments

The Richmond

2030 Highland Ave SBirmingham, AL 35205
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Terrace View
1 Bedroom Apartments

Terrace View

1301 18th Ave SBirmingham, AL 35205
  • Utilities Included
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Silver Oak
1 to 2 Bedroom Apartments

Silver Oak

1144 16th Ave SBirmingham, AL 35205
  • Utilities Included
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The Lennox
1 to 2 Bedroom Apartments

The Lennox

1416 13th St SBirmingham, AL 35205
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Gean Rise
1 Bedroom Apartments

Gean Rise

1741 15th Ave SBirmingham, AL 35205
  • Smoke Free
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Mesa Verde
1 Bedroom Apartments

Mesa Verde

731 16th Ave SBirmingham, AL 35205
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Mill House
2 Bedroom Apartments

Mill House

1504 21st Way SBirmingham, AL 35205
  • Smoke Free
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Melrose Place
1 Bedroom Apartments

Melrose Place

1501 15th Ave SBirmingham, AL 35205
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Terrace Court
1 to 2 Bedroom Apartments

Terrace Court

1124 20th St SBirmingham, AL 35205

Five Points South, Birmingham, AL Local Guide

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 Terrace Apartments priced from $715. Southridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Five Points South apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Ground Floor,...1BR,1BA$748
Kisor FlatsA-B 1 BR / 1 BTH1BR,1BA$767
Charleston Court1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$773
The DulionMedium StudioStudio,1BA$785
PharesStudioStudio,1BA$793
Tower on TenthFive PointsStudio,1BA$796
Mountainside ApartmentsOne Bedroom1BR,1BA$799
The Hillside Apartments1 Bed / 1 Bath1BR,1BA$800

Best Value Apartments for Rent in Five Points South, AL

As of April 23, 2025 the best value apartment in the Five Points South area is the $1.20 price per square foot 3 bedroom Model at Rue 14 in the in the Smithfield neighborhood starting from $1,795. The second greatest value Five Points South apartment is the 1433 15th Ave S Model at 1433 15th Ave S, Unit A starting at $1,750 with a $1.27 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Five Points South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rue 143 bedroom3BR,2BA$1.20
1433 15th Ave S, Unit A1433 15th Ave S2BR,1BA$1.27
Mountainside ApartmentsTwo Bedroom A2BR,1BA$1.29
Southside Manor2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.23
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Fitzgerald in Five Points10-12 1 BR / 1 BTH1BR,1BA$1.12
Mill House2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.37
Cedar South1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$1.32
Charleston Court1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$1.24
South Hill - Five Points1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$1.35

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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

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 $800.

What is the price of a cheap apartment in Five Points South?

The cheapest apartment in Five Points South is Southridge Apartments which is listed at $740, while the average apartment in Five Points South costs $2,299.

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 49 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 $347 which is $1,952 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.