What's the average rent in Homewood, AL?

Rental Market Trends in Homewood, AL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Homewood, AL is $1,325 per month, which is 32% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,325

-5.4%-$75 decrease month-over-month

-26.4%-$475 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,137

HOUSES

$2,700

TOWNHOUSES

$1,105

As of June 2026, townhomes are the most affordable rental option in Homewood, AL at $1,105 per month, while houses are the most expensive at $2,700 per month. Apartments average $1,137 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$998
2 Bedrooms	$1,250
3 Bedrooms	$2,399
4 Bedrooms	$3,600
All	$1,325

As of June 2026, the average rent for a 1 bedroom rental in Homewood, AL is $998 per month, followed by $1,250 for a 2 bedroom rental, $2,399 for a 3 bedroom rental, and $3,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$970
2 Bedrooms	$1,115
3 Bedrooms	$1,155
4 Bedrooms	—
All	$1,105

As of June 2026, the average rent for a 1 bedroom townhome in Homewood, AL is $970 per month, followed by $1,115 for a 2 bedroom townhome, and $1,155 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$940
2 Bedrooms	$1,250
3 Bedrooms	$2,400
4 Bedrooms	—
All	$1,250

As of June 2026, the average rent for a 1 bedroom apartment in Homewood, AL is $940 per month, followed by $1,250 for a 2 bedroom apartment, and $2,400 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,200
3 Bedrooms	$2,625
4 Bedrooms	$3,600
All	$2,700

As of June 2026, the average rent for a 2 bedroom house in Homewood, AL is $2,200 per month, followed by $2,625 for a 3 bedroom house, and $3,600 for a 4 bedroom house.