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Studio Apartments for Rent in Homewood, AL

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  • /55

    Starting at $893 Per Month

    • Studio - 3 Beds

    901 Wildwood Crossing, Birmingham, AL 35211

    Scenic inspiration surrounds The Avenues of Lakeshore, with graceful woods and a tranquil creek complimenting this vibrant apartment home community. The Avenues of Lakeshore offers newly renovated studio, 1-, 2-, and 3-bedroom apartment homes. These beautiful homs feature interiors with amenities and finishes similar to a private home, yet offering the convenience and low-maintenance living of a

    The Avenues of Lakeshore

    901 Wildwood Crossing, Birmingham, AL 35211
  • /17

    Starting at $1,020 Per Month

    • Studio - 3 Beds

    1301 Lakeshore Place, Homewood, AL 35209

    Welcome home to The Jameson! Find the lifestyle you've been looking for at The Jameson Apartments! Our newly renovated community is located in the popular Homewood neighborhood, just outside of bustling Birmingham, Alabama. Our expertly designed property is tailored to fit your unique lifestyle. If amenities are your favorite part of apartment living, you'll be pleased with what you'll find at

    The Jameson

    1301 Lakeshore Place, Homewood, AL 35209
  • /50

    Starting at $740 Per Month

    • Studio - 2 Beds

    741 Barcelona Ct, Birmingham, AL 35209

    Welcome to Park on Valley in Birmingham, AL! Our apartments offer a range of amenities to enhance your living experience. Enjoy the convenience of included appliances, including a dishwasher and fridge, as well as the comfort of air conditioning. Take advantage of the beautiful courtyard and balcony spaces for relaxation and outdoor enjoyment. The community also features a playground for

    Park On Valley

    741 Barcelona Ct, Birmingham, AL 35209
  • /31

    $1,949 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Birmingham - Wildwood

    40 State Farm Pkwy, Birmingham, AL 35209

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Birmingham - Wildwood

    40 State Farm Pkwy, Birmingham, AL 35209

Why Live in Homewood

Homewood, Alabama, stands out as the state's most walkable city, offering a charming blend of historic homes and vibrant community life. Known for its top-rated Homewood City School District, the area provides excellent educational opportunities, with Homewood High School recognized among the state's best. The city features a mix of architectural styles, including Tudor, Bungalow, Craftsman, and Spanish Colonial homes, many of which are listed on the National Register of Historic Places. Downtown Homewood, particularly SoHo Square, serves as the central hub for dining and shopping, with local restaurants and boutiques fostering a close-knit community atmosphere. The Homewood Theatre adds cultural flair with its community-driven productions. Homewood Central Park, recently renovated, hosts annual events and offers amenities like tennis courts and an outdoor amphitheater. The park connects to Homewood Central Pool via a pedestrian bridge, enhancing recreational options. Despite its walkability, Homewood's proximity to Interstates 65 and 20 ensures easy access to the Birmingham Metro Area and Birmingham-Shuttlesworth International Airport. The city is safer than the national average, with notably lower crime rates compared to nearby Birmingham. Economic growth is evident with the upcoming Morgan Stanley headquarters, further solidifying Homewood's status as a thriving economic hub.

Frequently Asked Questions

How much does it cost to rent a home in Homewood, AL?
The median rent for a home in Homewood, AL is $1,732 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Homewood, AL?
To comfortably afford the median rent in Homewood, AL, a household needs to earn roughly $69,280 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,732 per month in Homewood, AL, renters typically need to show $5,196 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Homewood, AL?
In Homewood, AL, the price-to-rent ratio is 45.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Homewood, AL are best for renting a home?
The best neighborhood for renting in Homewood, AL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Five Points South and Parkside, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,732
Median Single Family Home Rent
$1,995
Median Townhouse Rent
$3,200
Median Condo Rent
$1,732
How to Rent a Home