Last updated on July 30, 2026

Average rent in
Homewood, AL

Median rent

Median rent in Homewood

$1,419/mo

decreased by4%

vs previous year

The average rent in Homewood is $1,419 per month as of July 2026. This is 26% below the national average rent, or $511 less per month.

$1.45

average price per square foot

Total rentals

Available rentals in Homewood

23

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Homewood rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Homewood, AL

Average rent prices in Homewood have remained the same over the last month and have decreased by 4% 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 $1,305, whereas a house costs $2,295. 1-bedroom apartments in Homewood run $1,100 on average, while 2-bedroom apartments are $1,422.

Listings

Studio

$500

No Change

27%

1 bedroom

$1,162

5%

No Change

2 bedroom

$1,437

1%

2%

3 bedroom

$1,640

5%

35%

4 bedroom

$1,550

No Change

-

Studio

Average rent

$500

Last year

27%

1 bedroom

Average rent

$1,162

Last 30 days

5%

Last year

No Change

2 bedroom

Average rent

$1,437

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,640

Last 30 days

5%

Last year

35%

4 bedroom

Average rent

$1,550

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$1,419
decreased by26%

lower than the national median

Median rent price$1,820
decreased by6%

lower than the national median

Takeaway

The median rent for all rentals in Homewood, AL is 22% lower than the median rent in Alabaster, AL.

Discover rentals in Homewood, AL

Valora at Homewood - Photo 1 of 1
Rent special

13h ago

8.5

Very good

Valora at Homewood

915 Valley Ridge Dr, Homewood, AL 35209

1–3 beds

1–2 baths

$666–$2,091

Price drop

Apartment for rent

Columbiana - Photo 1 of 1

15h ago

Apartment for rent in Homewood

Columbiana

306 Columbiana Rd, Homewood, AL 35209

2 beds

1 bath

$890

Apartment for rent

1680 Valley Ave #H - Photo 1 of 1

1d ago

Townhouse for rent in Homewood

1680 Valley Ave #H, Homewood, AL 35209

2 beds

1 bath

$1,065

House for rent

Available Sep 9

1640 Valley Ave #H - Photo 1 of 1

1d ago

Townhouse for rent in Homewood

2 beds

1 bath

$1,065

House for rent

Available Jul 8

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,419 per month as of July 25, 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 4% 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 $511 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 $57,000/year, based on spending no more than 30% of your income on rent.

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

Based on our current listings, 36% of Homewood rentals welcome pets, which works out to about 20 pet-friendly apartments each month across the city's average inventory of 56 units.

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).

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