Best Affordable Neighborhoods in Birmingham, AL
Some of the cheapest neighborhoods in Birmingham are Echo Highlands, Woodmeadow, and Glen Iris. These neighborhoods offer some of the lowest rent prices in Birmingham, making them ideal for renters on a budget. As of March 24, 2026, the average rent in Birmingham is $1,177, which is 0.1% lower 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
$837/Month
Year-Over-Year Rent Change
0.1%
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.
Woodmeadow
Average Rent
$862/Month
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Birmingham, Woodmeadow might be the perfect place! It has an average rent price of $862, while the city’s average stands at $1,177. Woodmeadow is near Miles College, Univ. of Ala. at Birmingham, and Alabama Wildlife Center.
Glen Iris
Average Rent
$990/Month
Year-Over-Year Rent Change
4.6%
Units Available
73 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.
Waverly Place
Average Rent
$993/Month
Units Available
21 Rentals
Waverly Place is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waverly Place is $993 while the city average is $1,177. Residents enjoy convenient access to Birmingham Zoo, Highland Plaza, and Urban Supply.
The Abbey at Inverness
Average Rent
$1,020/Month
Units Available
22 Rentals
When you’re looking for a great Birmingham neighborhood on a budget, check out The Abbey at Inverness. The average rent is $1,020, compared to the city average of $1,177. The Abbey at Inverness is convenient to Univ. of Ala. at Birmingham, Samford University, and Vulcan Park and Museum.
Hanover Place
Average Rent
$1,045/Month
Units Available
12 Rentals
Hanover Place is an affordable neighborhood in Birmingham with an average rent price of $1,045. Compare this to the city average of $1,177. Hanover Place provides easy access to Birmingham Southern College, Highland Plaza, and McWane Science Center.
Arium Inverness
Average Rent
$1,052/Month
Units Available
49 Rentals
If you’re looking for a great, affordable neighborhood in Birmingham, Arium Inverness might be the perfect place! It has an average rent price of $1,052, while the city’s average stands at $1,177. Arium Inverness is near Birmingham Southern College, Vulcan Park and Museum, and Riverhills Shopping Center.
Regency Summit
Average Rent
$1,097/Month
Units Available
42 Rentals
Regency Summit is a top choice for budget-conscious renters for a variety of reasons. The average rent in Regency Summit is $1,097 while the city average is $1,177. Residents enjoy convenient access to McWane Science Center, Virginia College, Birmingham, and Birmingham Botanical Gardens.
Wildwood Crossings
Average Rent
$1,160/Month
Units Available
12 Rentals
When you’re looking for a great Birmingham neighborhood on a budget, check out Wildwood Crossings. The average rent is $1,160, compared to the city average of $1,177. Wildwood Crossings is convenient to Homewood Forest Preserve, Moss Rock Preserve, and Birmingham-Shuttlesworth International.
Camden Place
Average Rent
$1,160/Month
Units Available
12 Rentals
Camden Place is an affordable neighborhood in Birmingham with an average rent price of $1,160. Compare this to the city average of $1,177. Camden Place provides easy access to Shades Mountain Plaza, Samford University, and Univ. of Ala. at Birmingham.
Ready to make your move to Birmingham? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.