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Apartments for Rent in Homewood, AL under $1000 – 21 Rentals available

  • Apartment
    3450 Manor Dr, Homewood, AL 35209
    $815 - $2,245
    • 1-3 Beds
    • 1-2 Baths
    US Residential Group
    Available Today!
    (844) 898-6098
  • Apartment
    200 Hickory Knoll, Homewood, AL 35226
    $895 - $1,115
    • 2-3 Beds
    • 1-2 Baths
    Available Today!
    (205) 942-9200
  • Apartment
    3337 Old Montgomery Hwy, Birmingham, AL 35209
    $925
    • 2 Beds
    • 1 Bath
    RM Management, LLC
    Available Today!
    (205) 871-3488
  • Apartment
    3335 Old Montgomery Highway, Homewood, AL 35209
    $940 - $995
    • 1-3 Beds
    • 1-2 Baths
    (205) 397-6880
  • Apartment
    1621 Oxmoor Road, Birmingham, AL 35209
    $890
    • 2 Beds
    • 1 Bath
    RM Management, LLC
    Available Today!
    (205) 871-3488
  • Apartment
    1610 Valley Avenue, Birmingham, AL 35209
    $809 - $894
    • 1-3 Beds
    • 1 Bath
    RM Management, LLC
    Available Today!
    (205) 871-3488
  • Apartment
    1711 Oxmoor Road, Birmingham, AL 35209
    $850
    • 1-2 Beds
    • 1 Bath
    RM Management, LLC
    Available Today!
    (205) 871-3488

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Homewood, AL Demographics

  • Total Population25,678
  • Female 12,528
    Male 13,150
  • Median Age31.5

Average Rent in Homewood, AL

  • Homewood, AL Average Rental Price, June 2019$891/mo

Homewood, AL Apartment Rent Ranges

  • < $5006%
  • $501-$70026%
  • $701-$1,00044%
  • $1,001-$1,50018%
  • $1,501-$2,0006%

Homewood, AL Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jun / 2019
Homewood, AL $832 $838 $817 $826 $855 $863 $860 $860 $891
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 2% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 3520935229

Check out the average rent prices in Homewood by neighborhood.

Homewood, AL Households

  • Total Number of Households9,957
  • Family 5,973
    Non-family 3,984
  • Children 3,369
    No Children 6,588
  • Average People Per Household2.37
  • Median Household Income$71,494
  • Median Housing Costs Per Month$1,208

Homewood, AL Education Statistics

  • No High School2%
  • Some High School17%
  • Some College18%
  • Associate Degree5%
  • Bachelor Degree32%
  • Graduate Degree27%

Apartments in Homewood, AL under $1,000

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,000?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 18 apartments for rent in Homewood, AL on which you’ll spend less than $1,000. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,000

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,000. The average rental size in Homewood, AL is 948 Sqft, but the $1,000 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!