What's the average rent in Homewood, AL?

Rental Market Trends in Homewood, AL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Homewood, AL is $2,100 per month, which is 7% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,100
39.2%
$592 increase month-over-month
6.9%
$135 increase year-over-year

AVAILABLE RENTALS

51

APARTMENTS

$1,340

HOUSES

$3,000

TOWNHOUSES

$2,495
As of August 2026, apartments are the most affordable rental option in Homewood, AL at $1,340 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,495 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,032
2 Bedrooms$1,450
3 Bedrooms$2,400
4 Bedrooms$2,800
All$2,100
As of August 2026, the average rent for a 1 bedroom rental in Homewood, AL is $1,032 per month, followed by $1,450 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +11% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)

Rent distribution

30% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $720 to $4,500.
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