
Cheap Apartments for Rent in Homewood, AL from $300 (148 Rentals)
Search the lowest-cost Apartments available for rent right now in Homewood.


The Pearl at Homewood

Shadesmont Apartments

Homewood Heights Apartment Homes

The Crescent at Lakeshore

The Jameson

The Abbey at Regents Walk

The Park at Buckingham

909 Cotton Ave SW

Terrace Apartments

University Crossings

2030 Highland Ave

The Highlands Communities

1416 14th St S

Magnolia Court

Adona Apartments

Charleston Court

The Sheraton

Mountainside Apartments

The Murals on Niazuma

The Hillside Apartments

The Pointe Arlington

The Fitzgerald in Five Points

1301 33rd St S

South Hill - Five Points

Top of the Cliff

Tower on Tenth

513 at Valley

1171 14th Ave S

Ramsay Apartments

The LaSalle

Donegal Place

Fox Hall

The Avenues of Lakeshore

Cadence at Bluff Park

1100 Cotton Ave SW

1100 Cotton Ave SW

Vestavia Place

Valley Station Apartment Homes

Piedmont Terrace
Homewood, AL Local Guide

How much does it cost to rent an apartment in Homewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Homewood Studio Apartments | $1,334 | $648 | $2,764 |
Cheap Homewood 1 Bedroom Apartments | $1,456 | $740 | $4,148 |
Cheap Homewood 2 Bedroom Apartments | $1,750 | $650 | $5,893 |
Cheap Homewood 3 Bedroom Apartments | $2,044 | $950 | $5,845 |
Cheap Homewood 4 Bedroom Apartments | $4,210 | $2,000 | $6,390 |
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Homewood, AL Local Guide
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Cheapest Available Homewood Apartments for Rent
 The cheapest available apartment rental in Homewood, AL is a Studio unit found at McCormic II Apartments in the Smithfield neighborhood priced from $629. The Park at Buckingham in the West End neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $648. Here is today’s list of the most affordable Homewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McCormic II Apartments | Studio Apartment | Studio,1BA | $629 |
The Park at Buckingham | The Elm | Studio,1BA | $648 |
The Richmond | Studio Apartment | Studio,1BA | $694 |
Terrace Apartments | Studio 1 Bath - Ground Level | Studio,1BA | $715 |
University Crossings | Model A | 1BR,1BA | $740 |
Southridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $740 |
The Highlands Communities | Phares Studio | Studio,1BA | $755 |
Magnolia Court | 1 Bedroom / 1 Bathroom Apartment, Ground Floor,... | 1BR,1BA | $756 |
Carlisle Terrace | Studio Apartment, Type B | Studio,1BA | $758 |
Kisor Flats | A-B 1 BR / 1 BTH | 1BR,1BA | $774 |
Best Value Apartments for Rent in Homewood, AL
As of April 12, 2025 the best value apartment in the Homewood area is the $0.98 price per square foot 2 Bedroom Model at Goodall-Brown Lofts in the in the Smithfield neighborhood starting from $1,849. The second greatest value Homewood apartment is the 2 Bed / 2 Bath Model at Shadesmont Apartments starting at $1,050 with a $0.98 price per square foot in the Woodland Park 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. |
---|---|---|---|
Goodall-Brown Lofts | 2 Bedroom | 2BR,1BA | $0.98 |
Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
Hickory Knoll | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.13 |
The Abbey at Regents Walk | Biltmore | 2BR,2BA | $1.20 |
MarQ Vestavia | 2 Bedroom | 2BR,1BA | $1.07 |
Valley Station Apartment Homes | 1x1B | 1BR,1BA | $1.03 |
Beacon Pointe | 1 Beds, 1 Baths | 1BR,1BA | $1.13 |
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 |
Parkview | 1 Bedroom / 1 Bathroom Apartment | 1BR,1BA | $1.16 |
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Best Local Schools in Homewood, AL
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Getting Around Homewood, AL
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 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 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 Pointe Arlington and starts from $975.
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.