Cheapest Neighborhoods in Birmingham, AL
Some of the cheapest neighborhoods in Birmingham are Echo Highlands, Apple Valley, and Park Tower. These neighborhoods offer some of the lowest rent prices in Birmingham, making them ideal for renters on a budget. As of August 7, 2026, the average rent in Birmingham is $1,184, which is 0.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Echo Highlands
Average Rent
$796/Month
Year-Over-Year Rent Change
11.6%
Units Available
12 Rentals
Echo Highlands is a quiet, welcoming neighborhood offering spacious homes and access to green spaces like Echo Highlands Park. Renters will enjoy the peaceful atmosphere and convenient proximity to shopping and dining along Highway 79. The area also provides easy access to downtown Birmingham via nearby highways.
Apple Valley
Average Rent
$863/Month
Year-Over-Year Rent Change
17.6%
Units Available
15 Rentals
Apple Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Apple Valley is $863 while the city average is $1,184. This is a -17.6% difference from last year. Residents enjoy convenient access to Forestdale Plaza, Ruffner Mountain Nature Center, and Birmingham-Shuttlesworth International.
Park Tower
Average Rent
$965/Month
Units Available
56 Rentals
When you’re looking for a great Birmingham neighborhood on a budget, check out Park Tower. The average rent is $965, compared to the city average of $1,184. Park Tower is convenient to Lorna Brook Village, Univ. of Ala. at Birmingham, and Alabama Wildlife Center.
Glen Iris
Average Rent
$986/Month
Year-Over-Year Rent Change
3%
Units Available
59 Rentals
Glen Iris is a quiet, centrally located neighborhood offering easy access to UAB and downtown Birmingham. Renters will enjoy the nearby parks and the variety of housing options, from apartments to historic homes. The area's peaceful atmosphere, convenient location, and array of housing options make it ideal for renters of all lifestyles and preferences.
The Abbey at Inverness
Average Rent
$1,029/Month
Units Available
17 Rentals
The Abbey at Inverness is an affordable neighborhood in Birmingham with an average rent price of $1,029. Compare this to the city average of $1,184.
Oak Ridge Park
Average Rent
$1,033/Month
Year-Over-Year Rent Change
4.9%
Units Available
10 Rentals
In Oak Ridge Park, you'll find a mix of homes and apartments, each with convenient access to local schools and parks. The neighborhood is conveniently located between I-20 and U.S. Highway 78, offering easy access to major roads and city conveniences.
Regency Summit
Average Rent
$1,112/Month
Units Available
42 Rentals
If you’re looking for a great, affordable neighborhood in Birmingham, Regency Summit might be the perfect place! It has an average rent price of $1,112, while the city’s average stands at $1,184.
Waverly Place
Average Rent
$1,167/Month
Units Available
15 Rentals
Waverly Place is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waverly Place is $1,167 while the city average is $1,184. Residents enjoy convenient access to Birmingham Botanical Gardens, Birmingham-Shuttlesworth International, and Birmingham Zoo.
Idlewild Hills
Average Rent
$1,224/Month
Units Available
18 Rentals
When you’re looking for a great Birmingham neighborhood on a budget, check out Idlewild Hills. The average rent is $1,224, compared to the city average of $1,184. Idlewild Hills is convenient to Birmingham-Shuttlesworth International, 2424-2430 Green Springs Hwy, and Valley Avenue Plaza.
Forest Park
Average Rent
$1,240/Month
Year-Over-Year Rent Change
2.3%
Units Available
11 Rentals
Forest Park is an affordable neighborhood in Birmingham with an average rent price of $1,240. Compare this to the city average of $1,184. In the past year, rent prices have decreased by 2.3%. Forest Park provides easy access to McWane Science Center, Avonwood Plaza, and Homewood Forest Preserve.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.