What's the average rent in Homewood, AL?

Rental Market Trends in Homewood, AL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Homewood, AL is $1,600 per month, which is 16% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,600

-5.3%-$90 decrease month-over-month

-15.8%-$300 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,277

HOUSES

$2,750

TOWNHOUSES

$1,095

As of May 2026, townhomes are the most affordable rental option in Homewood, AL at $1,095 per month, while houses are the most expensive at $2,750 per month. Apartments average $1,277 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$985
2 Bedrooms	$1,400
3 Bedrooms	$2,311
4 Bedrooms	$2,750
All	$1,600

As of May 2026, the average rent for a 1 bedroom rental in Homewood, AL is $985 per month, followed by $1,400 for a 2 bedroom rental, $2,311 for a 3 bedroom rental, and $2,750 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$985
2 Bedrooms	$1,124
3 Bedrooms	$1,495
4 Bedrooms	—
All	$1,065

As of May 2026, the average rent for a 1 bedroom townhome in Homewood, AL is $985 per month, followed by $1,124 for a 2 bedroom townhome, and $1,495 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$975
2 Bedrooms	$1,375
3 Bedrooms	$1,495
4 Bedrooms	—
All	$1,375

As of May 2026, the average rent for a 1 bedroom apartment in Homewood, AL is $975 per month, followed by $1,375 for a 2 bedroom apartment, and $1,495 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,500
3 Bedrooms	$2,400
4 Bedrooms	$4,300
All	$2,400

As of May 2026, the average rent for a 2 bedroom house in Homewood, AL is $1,500 per month, followed by $2,400 for a 3 bedroom house, and $4,300 for a 4 bedroom house.