Cheap Apartments for Rent in Homewood, AL
53 rentals
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFER$749 - $1,832/mo
1-3 Beds
1-3 BathsValora at Homewood | 915 Valley Ridge Dr #101,
Birmingham, AL 35209
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SPECIAL OFFER$1,000 - $1,200/mo1-2 Beds1-2 BathsLotus Homewood | 825 Oak Leaf Cir #d705b4082,
Birmingham, AL 35209
PET FRIENDLY$1,020 - $1,620/mo2-3 Beds1-2 BathsThe Crescent at Lakeshore | 1 Rue Maison E #1004,
Birmingham, AL 35209
SPECIAL OFFERPET FRIENDLY$1,020 - $1,450/moStudio-2 Beds1-2 BathsThe Jameson | 1301 Lakeshore Pl #1622A,
Birmingham, AL 35209
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PET FRIENDLYTotal price$1,225 - $1,555/mo2-3 Beds1-2 BathsHickory Knoll | 200 Hickory Knl #322,
Birmingham, AL 35226
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PET FRIENDLY$2,250 - $2,950/mo2-3 Beds2-3 BathsWest Row Lofts & Townhomes | 195 Oxmoor Rd #312,
Birmingham, AL 35209
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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 May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,672 |
| Jul 2025 | $1,900 |
| Aug 2025 | $1,900 |
| Sep 2025 | $1,795 |
| Oct 2025 | $1,925 |
| Nov 2025 | $1,695 |
| Dec 2025 | $1,583 |
| Jan 2026 | $1,598 |
| Feb 2026 | $1,900 |
| Mar 2026 | $1,490 |
| Apr 2026 | $1,575 |
| May 2026 | $1,495 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $985 | $1,350 | $2,400 | $3,250 | $1,400 |
| Townhomes | $985 | $1,115 | $2,399 | — | $1,095 |
| Apartments and Condos | $1,042 | $1,325 | — | — | $1,325 |
| Houses | — | $1,800 | $2,500 | $3,250 | $2,400 |
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 $1,195 per month. This is about 38% lower than the national average.
- What is the average rent of a house in Homewood, AL?The average rent of a house in Homewood, AL is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in Homewood, AL?The average rent of a townhome in Homewood, AL is $1,095 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in Homewood, AL?In the last year, the average rent in Homewood, AL was lowest in Mar 2025 when it was $1,478 per month.
- 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 $985 per month. That is about $35 less than the cost of a studio apartment.
- How many available rental listings are in Homewood, AL?There are 56 available rental listings in Homewood, AL.
- What are some zip codes in Homewood, AL?
- 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.