Cheap Apartments for Rent in Homewood, AL

38 rentals

Apartments For Rent Near Homewood, AL

We found 30 more apartments matching your filters just outside Homewood

Average Rent Trends in Homewood, AL

Rent in Homewood, AL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Nov 2025$1,695
Dec 2025$1,583
Jan 2026$1,598
Feb 2026$1,900
Mar 2026$1,490
Apr 2026$1,582
May 2026$1,495
Jun 2026$1,400
Jul 2026$1,550
Aug 2026$2,100
Sep 2026$1,995
Oct 2026$1,870
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,012$1,450$2,300$3,761$1,895
Townhomes—$2,000$2,395—$2,395
Apartments and Condos$940$1,400——$1,400
Houses—$2,500$2,300$3,761$3,000
See more information about local market trends in Homewood, AL

Frequently Asked Questions about Rentals in Homewood, AL

  • What is the average rent of an apartment in Homewood, AL?
    The average rent of an apartment in Homewood, AL is $1,911 per month. This is about 2% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Homewood, AL?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,478 per month.
  • How many cheap apartments are available in Homewood, AL?
    There are 21 apartments to rent that are cheaper than the city’s average rent of $1,895.
  • When is the average rent most expensive in Homewood, AL?
    In the last year, the average rent in Homewood, AL was highest in Oct 2025 when it was $1,925 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Homewood, AL?
    The average rent of a 1 bedroom apartment in Homewood, AL is $1,012 per month. That is about $858 less than the cost of a studio apartment.
  • What are some zip codes in Homewood, AL?
    Homewood, AL includes zip codes such as: 35229, 35259, 35293.
  • What are some cities near Homewood, AL?
    Some nearby cities include: Vestavia Hills, Birmingham, Mountain Brook, Hoover, Fairfield. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Homewood, AL - 369 Rentas | Trulia