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New Cheap Apartments for Rent in Homewood AL - 184 Rentals

Homewood, AL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Homewood. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. On the other hand, if space, community amenities, or newer appliances matter more, you may want to expand your search farther from Homewood hot spots to find more affordable options.

Tips for Finding Cheap Apartments in Homewood AL

Rent prices in Homewood tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Homewood AL

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically cheaper during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price.

Cheap apartments in Homewood tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Homewood, AL Rental Insights

Average Rent Rates

What is the average rent in Homewood, AL?

The average monthly rent in Homewood, AL is around $1,153.

Where can I find cheap apartments in Homewood, AL?

Apartments in Homewood, AL rent for around $1,153 but there are plenty of rentals to be found for $1,148 throughout the city.

How many cheap rentals are available in Homewood, AL on Apartments.com?

With over 102 affordable apartments on Apartments.com, you’re sure to find an Homewood, AL apartment at the right price.

What is the average rent for a studio in Homewood, AL?

You can expect to pay roughly $1,374 per month for a studio in Homewood, AL.

How expensive is a one-bedroom apartment in Homewood, AL?

The average one bedroom in Homewood, AL rents for $1,148 per month.

How expensive is a two-bedroom apartment in Homewood, AL?

Two-bedroom apartments in Homewood, AL rent for $1,463 per month.

Helpful Rental Guides for Homewood, AL

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What to Consider When Moving to a Small Town
What to Look for When Viewing Floor Plans Online
What to Look for When Viewing Floor Plans Online
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How to Advocate for Lower Rent
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10 Things to Do Before Moving Day
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