Apartments for Rent in Homewood, AL

Prices and availability in Homewood, AL were last updated on 13 May 2026.

The best apartments in Homewood, AL are: WildForest Apartments, The Brookwood, West Row Lofts & Townhomes, Hickory Knoll and Moretti.

The average rent in Homewood, AL is $1,304.

The price range for a 1-bedroom apartment in Homewood, AL is between $1,085 and $1,823.

The price range for a 2-bedroom apartment in Homewood, AL is between $1,165 and $2,250.

The price range for a 3-bedroom apartment in Homewood, AL is between $1,085 and $3,300.

In Homewood, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Homewood's rentals, 71% are small-scale complexes with under 50 units, and 14% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Homewood are about 44 years old, on average. Of these, 18% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Homewood come in a range of sizes and floorplans. Studio apartments represent 6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Homewood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.