
Cheap Apartments for Rent in the Homewood Neighborhood of Birmingham, AL from $300 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood area of Birmingham.


Terrace Apartments

University Crossings

Adona Apartments

Mountainside Apartments

Ramsay Apartments

The Avenues of Lakeshore

513 at Valley

Valley Station Apartment Homes

Woodmere Creek Apartments

2700 at Homewood

Mountain Woods Apartments

The Irish

Valley Crest
Homewood, Birmingham, AL Local Guide

How much does it cost to rent an apartment in Homewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Homewood Studio Apartments | $1,058 | $648 | $2,050 |
Homewood 1 Bedroom Apartments | $1,256 | $740 | $3,945 |
Homewood 2 Bedroom Apartments | $1,521 | $780 | $3,447 |
Homewood 3 Bedroom Apartments | $1,971 | $1,275 | $5,467 |
Homewood 4 Bedroom Apartments | $2,789 | $2,689 | $2,889 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Homewood Neighborhood of Birmingham, AL.
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Homewood, Birmingham, AL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Terrace Apartments | Studio 1 Bath - Ground Level | Studio,1BA | $715 |
Element 26 | 1x1 [1st Floor, Parking Lot Facing] | 1BR,1BA | $740 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
University Crossings | Model A | 1BR,1BA | $740 |
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 | $778 |
Glen Iris Arms | 1 Bedroom / 1 Bathroom Apartment, Ground Level,... | 1BR,1BA | $781 |
Adona Apartments | The Elm/Evergreen | Studio,1BA | $795 |
Mountainside Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Branchwater | 3 Bedroom 2 Bath | 3BR,2BA | $0.94 |
Rue 14 | 3 bedroom | 3BR,2BA | $1.20 |
Highpointe Apartments | 2x2 | 2BR,2BA | $1.05 |
Valley Station Apartment Homes | 2x1B | 2BR,1BA | $1.01 |
Hickory Knoll | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.13 |
411 Skyview Dr, Unit F | 411 Skyview Dr | 2BR,1BA | $0.92 |
Shadesmont Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.06 |
Silverado | 2 Bedroom / 1 Bathroom Apartment | 2BR,1BA | $1.06 |
Beacon Pointe | 1 Beds, 1 Baths | 1BR,1BA | $1.13 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.99 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleHomewood, Birmingham, AL
Ranked #5
Among neighborhoods in Birmingham, AL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Homewood, Birmingham, AL
School data provided by Great Schools
Best Local Schools in Homewood, Birmingham, AL
School data provided by Great Schools
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
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 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.

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.

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.

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.