Apartments for Rent in Five Points South, Birmingham, AL

Five Points South, Birmingham apartment availability

Five Points South offers a very strong selection of rental listings, with an average of 327 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed closely by 2-bedroom apartments and studios. This neighborhood is particularly appealing to pet owners, as nearly 90% of apartments allow pets, with some restrictions. With its abundance of pet-friendly options, Five Points South is an attractive choice for renters seeking a vibrant and accommodating community.

Five Points South, Birmingham rental market trends

The Five Points South neighborhood in Birmingham saw a slight decline in average rent prices over the past year, with a 3.4% decrease to $1,519 per month. Breaking it down by bedroom count, 1-bedrooms average $1,476 per month, a 2.5% decrease from the previous year. 2-bedrooms average $1,809 per month, an 8.4% decrease, while 3-bedrooms saw a significant 25.7% increase to $2,598 per month. Studio apartments average $1,152 per month, a 1% decrease.

The rental market in Five Points South tends to fluctuate throughout the year, with February typically seeing the highest rent prices, 9.8% higher than December, the month with the lowest rent prices. If you're looking for a new apartment, December may be a good time to find a deal, as prices are generally lower. On the other hand, if you're looking to rent in February, be prepared for higher prices and potentially more competition.

Why Five Points South, Birmingham is a great place to live

We've analyzed data from the last few years to understand what makes Five Points South an attractive neighborhood for renters. It's clear that this area excels in supporting active lifestyles and social connections.

For those prioritizing fitness and wellness, Five Points South offers an ideal environment. Many apartments come equipped with onsite gym equipment and access to fitness centers. The neighborhood also features an abundance of grocery stores, sports facilities, and health and wellness events, making it easy to maintain a healthy lifestyle. Additionally, features like soundproofing and the use of low VOC materials contribute to a healthier living space.

The area is equally appealing for those who value a vibrant social life. With a high walk score, frequent transit options, and a variety of restaurants, residents can easily explore and engage with the community. Enhanced safety measures and well-maintained street infrastructure further enrich the living experience.