Cheap Apartments for Rent in Homewood, AL
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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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| 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 | $1,582 |
| May 2026 | $1,495 |
| Jun 2026 | $1,400 |
| Jul 2026 | $1,550 |
| Aug 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,032 | $1,450 | $2,400 | $2,800 | $2,100 |
| Townhomes | — | $2,500 | $2,417 | — | $2,495 |
| Apartments and Condos | $1,350 | $1,450 | — | — | $1,450 |
| Houses | — | $2,500 | $2,500 | $2,800 | $3,000 |
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 $1,340 per month. This is about 32% 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 $1,032 per month. That is about $12 more than the cost of a studio apartment.
- How many available rental listings are in Homewood, AL?There are 51 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.
View this page in Spanish: Apartamentos baratos en renta en Homewood, AL - 149 Rentas | Trulia