Average Rent in Homewood, AL
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Homewood, Alabama, offers a vibrant blend of suburban charm and easy access to the cultural amenities of nearby Birmingham. The city’s tree‑lined streets, well‑maintained parks, and lively downtown district make it a sought‑after destination for renters seeking both convenience and community. Popular neighborhoods such as Homewood Village, Oak Grove, and the historic Fairview area showcase a mix of classic bungalows, modern townhomes, and new‑construction apartments, providing a diverse array of housing choices. Residents enjoy close proximity to attractions like Oak Mountain State Park, the Homewood City Center, and a variety of local eateries and boutique shops, all contributing to a high quality of life.
The rental market in Homewood reflects this appeal, with apartments and houses catering to a range of household sizes. One‑bedroom apartments typically fall in the low $1200s, while three‑bedroom units can reach the high $1700s. Larger homes command higher rates, often starting around $2300 for two‑bedroom houses and approaching the $3100 range for spacious four‑plus‑bedroom properties. These figures underscore the city’s balance of affordability and premium options, making it attractive to young professionals, growing families, and retirees alike. With a strong mix of rental types, Homewood continues to draw renters who value a welcoming community, excellent schools, and easy access to both urban amenities and natural recreation.
Homewood Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,255 | $1,160 | $720 – $1,877 | $1,009 – $1,525 |
| Apartment | 2 Bedroom | $1,534 | $1,400 | $950 – $3,950 | $1,209 – $1,799 |
| Apartment | 3 Bedroom | $1,810 | $1,644 | $1,349 – $2,799 | $1,500 – $1,952 |
| House | 2 Bedroom | $2,153 | $2,200 | $1,395 – $2,900 | $1,800 – $2,500 |
| House | 3 Bedroom | $2,726 | $2,600 | $1,895 – $3,650 | $2,400 – $2,995 |
| House | 4+ Bedroom | $3,715 | $3,400 | $2,750 – $5,495 | $3,095 – $4,300 |
Current rent in Homewood (all property types): 1 Bedroom $1,255, 2 Bedroom $1,666, 3 Bedroom $2,398, 4+ Bedroom $3,715.
Note: This analysis includes only bedroom types with sufficient data.
Map of City of Homewood
Outlined area shows the city boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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