Apartments in Homewood

1 - 15 of 15 Results
17
$1,100 - 2,404
3450 Manor Dr Homewood, AL
1 - 3 BR | Available Now
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In Unit Laundry
Balcony/Deck/Patio
24
$1,515
3336 Old Montgomery Hwy Homewood, AL
3 BR | Jul. 14, 2024
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Surface Parking
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9
$1,895
1659 Ashwood Ln Homewood, AL
2 BR | Jun. 10, 2024
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Red Mountain
48
$2,750
216 Broadway St Homewood, AL
3 BR | Jun. 17, 2024
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Air Conditioning
Balcony/Deck/Patio
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8
$1,000 - 1,200
825 Oak Leaf Cir Homewood, AL
1 - 2 BR | Available Now
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Cat Friendly
Disability Access
Pool
35
$1,518 - 5,382
1000 Wildforest Drive Homewood, AL
1 - 3 BR | Available Now
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Luxury
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22
$1,150
403 Edgecrest Drive Homewood, AL
2 BR | Jun. 6, 2024
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Cat Friendly
Air Conditioning
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Fitness Center
5
$700
830 D Beacon Pkwy E Homewood, AL
1 BR | Available Now
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Dishwasher
Glen Iris
10
$1,295
1104 Woodland Vlg Homewood, AL
2 BR | Available Now
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Storage
47
$3,500
574 Bristol Ln Homewood, AL
4 BR | Jun. 8, 2024
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Cat Friendly
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22
$755 - 1,125
1301 Lakeshore Place Homewood, AL
1 - 2 BR | Available Now
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Luxury
Townhome
Air Conditioning
14
$2,795
Homewood, AL
3 BR | Available Now
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31
$1,820 - 3,350
1840 Oxmoor Road Homewood, AL
1 - 3 BR | Available Now
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Air Conditioning
8
$825
3341 Old Montgomery Highway Homewood, AL
2 BR | Available Now
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Air Conditioning
$1,495
228 Hall Ave Homewood, AL
2 BR | Jun. 9, 2024
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How much does it cost to rent an apartment in Homewood?

Homewood Apartments
Bed Type Average Rent Range
1BR $1,430 $710 - $1,790
2BR $1,550 $890 - $2,570
3BR $1,920 $1,560 - $3,330

Search Cities Near Homewood, AL

Homewood:
May Rent Report

Welcome to the May 2024 Homewood Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Homewood rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Homewood and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Homewood average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Homewood Rent Prices Increase From April to May

Homewood rent prices increased over the last month. From April to May, the city experienced a 3.98% increase for the price of a one-bedroom apartment. The rent price for a Homewood one-bedroom apartments currently stands at $1,438.0.

When we take a look at the two-bedroom comparison from April to May, Homewood experienced a -1.14% decrease for the price of a two-bedroom apartment. The rent price for a Homewood two-bedroom apartments currently stands at $1,732.0.

May Prices: Homewood vs. Surrounding Areas

Rent Prices in Homewood and Surrounding Areas

Rent prices have increased in Homewood over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Homewood suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Homewood suburbs

  • Rents did not decrease in any of the Homewood suburbs.

May 2024 Pricing Trends: Homewood vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Homewood Rent Prices More Affordable Than Major Cities

Rent growth in Homewood over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Homewood average rent prices appear to be relatively affordable for local residents.

The price for a Homewood one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Homewood and surrounding area rent prices, take a look at the complete data set below.

Data set for Homewood and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.