Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (87 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 Included
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Park Manor
Studio to 1 Bedroom Apartments

Park Manor

1301 20th St SBirmingham, AL 35205
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1416 14th St S
1 Bedroom Apartments

1416 14th St S

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

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 McCormic II Apartments priced from $629. Terrace Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Homewood apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
McCormic II ApartmentsStudio ApartmentStudio,1BA$629
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
University CrossingsModel A1BR,1BA$740
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Magnolia Court1 Bedroom / 1 Bathroom Apartment, Ground Floor,...1BR,1BA$756
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$774
Adona ApartmentsThe Elm/EvergreenStudio,1BA$795
Mountainside ApartmentsOne Bedroom1BR,1BA$799

Best Value Apartments for Rent in Homewood, AL

As of April 09, 2025 the best value apartment in the Homewood 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 Homewood apartment is the Stone Ridge Apartments, Homewood, AL - 3 Bedroom Model at Stone Ridge Apartments starting at $1,445 with a $1.20 price per square foot in the West End 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.
Rue 143 bedroom3BR,2BA$1.20
Stone Ridge ApartmentsStone Ridge Apartments, Homewood, AL - 3 Bedroom3BR,3BA$1.20
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$0.98
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1.13
The Abbey at Regents WalkBiltmore2BR,2BA$1.20
402 Skyview Dr, Unit D402 Skyview Dr2BR,1BA$1.08
Valley Station Apartment Homes1x1B1BR,1BA$1.03
Silverado2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.07
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 #8

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 McCormic II Apartments listed at $629.

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

The lowest price for a Cheap One Bedroom Homewood Apartment is $740 at University Crossings.

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 The Avenues of Lakeshore and starts from $1,307.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.