Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (72 Rentals)

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

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Clayton Court
1 Bedroom Apartments

Clayton Court

705 1st St SBirmingham, AL 35205
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Renro Apartments
1 Bedroom Apartments

Renro Apartments

1013 Tuscaloosa Ave SWBirmingham, AL 35211
  • Utilities Inc.
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Park Manor
Studio to 1 Bedroom Apartments

Park Manor

1301 20th St SBirmingham, AL 35205
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Sutton House
1 Bedroom Apartments

Sutton House

1416 14th St SBirmingham, AL 35205
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Tivoli
1 Bedroom Apartments

Tivoli

1141 14th 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
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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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Wilbur
1 Bedroom Apartments

Wilbur

1605 12th St SBirmingham, AL 35205
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The Bellows
1 Bedroom Apartments

The Bellows

1438 18th St SBirmingham, AL 35205
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Kisor Flats
1 Bedroom Apartments

Kisor Flats

1426 18th St SBirmingham, AL 35205
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The Cordelle
1 Bedroom Apartments

The Cordelle

1415 13th St SBirmingham, AL 35205
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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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Breezeway
1 Bedroom Apartments

Breezeway

1644 12th St SBirmingham, AL 35205
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Saint Charles
2 Bedroom Apartments

Saint Charles

1420 18th St SBirmingham, AL 35205
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1321 18th Ave S
1 Bedroom Apartments

1321 18th Ave S

1321 18th Ave SBirmingham, AL 35205
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Silverado
2 Bedroom Apartments

Silverado

1340 14th Ave SBirmingham, AL 35205

Homewood, Birmingham, AL Local Guide

Cheapest Available Homewood Apartments for Rent

 

The cheapest available apartment rental in the Homewood area of Birmingham, AL is a Studio unit found at Terrace Apartments priced from $715. Element 26 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Homewood apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
Element 261x1 [1st Floor, Parking Lot Facing]1BR,1BA$740
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
University CrossingsModel A1BR,1BA$740
Wilbur1 Bedroom / 1 Bathroom Apartment, 81BR,1BA$767
The Bellows5-6 1 BR / 1 BTH1BR,1BA$768
Kisor FlatsA-B 1 BR / 1 BTH1BR,1BA$778
Glen Iris Arms1 Bedroom / 1 Bathroom Apartment, Ground Level,...1BR,1BA$781
Adona ApartmentsThe Elm/EvergreenStudio,1BA$795
Mountainside ApartmentsOne Bedroom1BR,1BA$799

Best Value Apartments for Rent in Homewood, AL

As of March 15, 2025 the best value apartment in the Homewood area is the $0.94 price per square foot 3 Bedroom 2 Bath Model at Branchwater in the in the Hoover Vestavia Hills neighborhood starting from $1,599. The second greatest value Homewood apartment is the 3 bedroom Model at Rue 14 starting at $1,795 with a $1.20 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Branchwater3 Bedroom 2 Bath3BR,2BA$0.94
Rue 143 bedroom3BR,2BA$1.20
Highpointe Apartments2x22BR,2BA$1.05
Valley Station Apartment Homes2x1B2BR,1BA$1.01
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1.13
411 Skyview Dr, Unit F411 Skyview Dr2BR,1BA$0.92
Shadesmont Apartments1 Bed / 1 Bath1BR,1BA$1.06
Silverado2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.06
Beacon Pointe1 Beds, 1 Baths1BR,1BA$1.13
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Homewood, Birmingham, AL

Ranked #5

Among neighborhoods in Birmingham, AL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for South Central Birmingham. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, places to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Homewood Neighborhood in Birmingham, AL

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

5 / 100

Minimal Transit

It may be possible to get on a bus

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 Terrace Apartments listed at $715.

How much is rent for a Cheap One Bedroom Homewood Apartment?

The lowest price for a Cheap One Bedroom Homewood Apartment is $740 at Element 26.

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 $780 at University Crossings.

What is the most affordable Homewood Three Bedroom Apartment?

The best deal on a cheap Homewood Three Bedroom Apartment rental is at Highpointe Apartments and starts from $1,275.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.