Average Rent in Homewood, AL and Rent Price Trends

Rent trends in Homewood, AL

Average rent prices in Homewood have remained the same over the last month and have decreased by 12% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Homewood, AL

Rent prices in Homewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Homewood is $1,331, whereas a house costs $2,675. 1-bedroom apartments in Homewood run $1,070 on average, while 2-bedroom apartments are $1,399.


Studio	$2,200	No Change	5%
1 bedroom	$1,143	1%	5%
2 bedroom	$1,400	4%	2%
3 bedroom	$1,950	6%	29%
4 bedroom	$2,550	No Change	15%


Apartments	$1,331	1%	No Change
Condos	$1,295	6%	No Change
Houses	$2,675	4%	No Change

Studio

Average rent

$2,200

Last year

1 bedroom

Average rent

$1,143

Last 30 days

Last year

2 bedroom

Average rent

$1,400

Last 30 days

Last year

3 bedroom

Average rent

$1,950

Last 30 days

Last year

29%

4 bedroom

Average rent

$2,550

Last year

15%

The table above reflects average rent prices in Homewood, AL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Homewood, AL compare to other cities?

Compare median rent prices in Homewood and Alabaster by all bedroom counts and property types.

Homewood

Median rent price$1,450

26%

lower than the national median

Median rent price$1,700

13%

lower than the national median

Takeaway

The median rent for all rentals in Homewood, AL is 15% lower than the median rent in Alabaster, AL.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,700

$2,185

$995

$1,277

$1,932

$1,097

Indian Springs Village

$1,200

$1,595

$1,095

$1,400

$1,631

$1,237

Discover rentals in Homewood, AL

Rent special

11h ago

8.4

Very good

Valora at Homewood

915 Valley Ridge Dr, Homewood, AL 35209

1–3 beds

1–2 baths

$749–$2,244

Price drop

Apartment for rent

4d ago

8.2

Very good

Columbiana

306 Columbiana Rd, Homewood, AL 35209

2 beds

1 bath

$865

Apartment for rent

4d ago

8.2

Very good

Crest Ave

1105 Crest Ave, Homewood, AL 35209

2 beds

1 bath

$925

Apartment for rent

19h ago

8.5

Very good

The Brookwood

3450 Manor Dr, Homewood, AL 35209

1–3 beds

1–2 baths

$934–$2,276

Apartment for rent

5d+ ago

8.5

Very good

Homewood Heights

403 Edgecrest Dr, Homewood, AL 35209

1–2 beds

1 bath

$1,070–$1,250

Apartment for rent

3d ago

8.6

Very good

Cahaba Park Apartments

3336 Old Montgomery Hwy, Homewood, AL 35209

2 beds

1 bath

$1,244–$1,411

Apartment for rent

5d+ ago

Condo for rent in Homewood

CONDOS - HOMEWOOD, AL

1740 Valley Ave #A, Homewood, AL 35209

2 beds

2 baths

$1,250

Condo for rent

5d+ ago

Condo for rent in Homewood

CONDOS - HOMEWOOD, AL

1790 Valley Ave #D, Homewood, AL 35209

2 beds

1 bath

$1,295

Condo for rent

Stay up to date with rental market insights

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Frequently asked questions for Homewood, AL

Quick answers to common questions about the Homewood rental market.

How much is rent in Homewood?

The average rent in Homewood is $1,450 per month as of June 13, 2026.

Is rent up or down in Homewood?

Average rent prices in Homewood have remained the same over the last month and have decreased by 12% since last year.

How does Homewood rent compare to the national average?

Rent in Homewood is 26% below the national average, which means renters are paying approximately $500 less per month.

What salary do I need to afford rent in Homewood?

To comfortably afford rent in Homewood, you'd need to earn approximately $58,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Homewood?

The median rent for a 1-bedroom apartment in Homewood, AL is $1,279, while a 2-bedroom apartment has a median rent of $1,559.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).