Cheap Apartments for Rent in Homewood, AL from $300 (164 Rentals)

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

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Evan Arms Apartments
Studio to 1 Bedroom Apartments

Evan Arms Apartments

912 Oxmoor RdHomewood, AL 35209
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Stratford
from $7251 Bedroom Apartments Available Now

Stratford

1000-1010 18th St SBirmingham, AL 35205
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The Bend
from $8421 Bedroom Apartments Available Now

The Bend

1325 13th Ave SBirmingham, AL 35205
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The Ashton
from $8711 Bedroom Apartments Available Now

The Ashton

1524 14th Ave SBirmingham, AL 35205
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Homewood, AL Local Guide

Cheapest Available Homewood Apartments for Rent

 

The cheapest available apartment rental in Homewood, AL is a 1 Bed unit found at Sutton House in the Smithfield neighborhood priced from $648. Tivoli in the Smithfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Homewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sutton House1-2 1 BR / 1 BTH1BR,1BA$648
TivoliUnits 8-10, 12-15 1 BR / 1 BTH1BR,1BA$695
Terrace ApartmentsStudio 1 Bath - Ground LevelStudio,1BA$715
Stratford1 Bedroom / 1 Bathroom Apartment, Ground Level1BR,1BA$725
University CrossingsModel A1BR,1BA$740
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$740
Clairmont Apartments1 BR / 1 BTH1BR,1BA$750
The Highlands CommunitiesPhares StudioStudio,1BA$755
The RichmondStudio ApartmentStudio,1BA$767

Best Value Apartments for Rent in Homewood, AL

As of March 09, 2025 the best value apartment in the Homewood area is the $1.06 price per square foot 2 Bedroom Model at Fix Play Lofts in the in the Smithfield neighborhood starting from $1,915. The second greatest value Homewood apartment is the 3 Bedroom 2 Bath Model at Branchwater starting at $1,599 with a $0.94 price per square foot in the Hoover Vestavia Hills 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.
Fix Play Lofts2 Bedroom2BR,1BA$1.06
Branchwater3 Bedroom 2 Bath3BR,2BA$0.94
Highpointe Apartments2x22BR,2BA$1.05
Valley Station Apartment Homes1x1B1BR,1BA$1.06
411 Skyview Dr, Unit F411 Skyview Dr2BR,1BA$1.04
Shadesmont Apartments1 Bed / 1 Bath1BR,1BA$1.06
Silverado2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.06
Southridge Apartments1 Bedroom 1 Bath1BR,1BA$0.99
The Fitzgerald in Five Points10-12 1 BR / 1 BTH1BR,1BA$1.11
2329 10th Ct S, Unit Apt2329 10th Ct S1BR,1BA$1.08

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Best Local Schools in
Homewood, AL

School data provided by Great Schools

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See the most popular apartments and homes 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 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 $648 at Sutton House.

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.

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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.