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Average Rent in Five Points South, Birmingham, AL

Home  »  AL  »  Birmingham  »  Five Points South

Current Versus Historical Five Points South, Birmingham, AL Rents

Five Points South rentals average $778 for a studio rental to $2,975 for a 3-bedroom rental. The median price of all currently available listings is $975, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $959 (-55.31%) year-over-year from $1,734 to $775. 1-bedroom rentals prices have decreased by $827 (-48.04%) year-over-year from $1,722 to $895. 2-bedroom rentals prices have decreased by $1,045 (-46.45%) year-over-year from $2,250 to $1,205. 3-bedroom rentals prices have increased by $1,525 (105.17%) year-over-year from $1,450 to $2,975. 4-bedroom rentals prices have increased by $190 (7.42%) year-over-year from $2,560 to $2,750. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 26.03% this month. 1-bedroom rents have gone down by 30.82% this month. 2-bedroom rents have gone down by 30.08% this month. 3-bedroom rents have gone down by 8.23% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.70 $775 $1,734 (-55.31%) $1,726 (-55.10%)
1 BR $1.43 $895 $1,722 (-48.04%) $1,899 (-52.86%)
2 BR $1.54 $1,205 $2,250 (-46.45%) $2,594 (-53.54%)
3 BR $0.90 $2,975 $1,450 (105.17%) $1,269 (134.50%)

Historical Rents in Five Points South, Birmingham, AL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Five Points South

There are a total of 2 cities nearby Five Points South. The average rent in Five Points South is currently $1,325 per month. Our records show that Birmingham, AL, with an average rent of $1,050, is the most affordable city nearby. In contrast, the most expensive city near Five Points South, Birmingham, AL is Tuscaloosa, AL. Monthly rents here are on average $1,600 per month.

Let's compare Five Points South, Birmingham, AL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Five Points South, Birmingham, AL is 50.74% more expensive than other cities nearby. One bedrooms are about 12.13% more affordable. Two bedrooms in Five Points South, Birmingham, AL are about 15.81% more expensive. Finally, rent for three bedrooms are about 51.68% more expensive. Want more information? Check out the top 2 cities near Five Points South, Birmingham, AL in the following chart.
City Studio 1 Bed 2 Bed All
Birmingham, AL $767 $980 $1,073 $1,050
Tuscaloosa, AL N/A $1,050 $1,200 $1,600

Top Neighborhoods Near Five Points South



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Five Points South

The average rent for rentals in these counties is $1,390. That's roughly around $1 per sqft. The county that is the most affordable is Jefferson, AL. It's average rent per month is $1,180. Vice versa, with an average rent of $1,600, Tuscaloosa, AL is the most expensive county by Five Points South, Birmingham, AL.

Typically, rent for studios in Five Points South, Birmingham, AL is 50.74% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Five Points South, Birmingham, AL is 8.01% more affordable than other counties nearby. Finally, rent for two bedrooms in Five Points South, Birmingham, AL is 15.00% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jefferson, AL $767 $968 $1,095 $1,180
Tuscaloosa, AL N/A $988 $1,200 $1,600

Top Zipcodes Near Five Points South

There is one zipcode in or near Five Points South, Birmingham, AL. The average rent for this zipcode is $1,005.

The following chart includes the zipcode in or near Five Points South, Birmingham, AL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
35205, Birmingham, AL $755 $938 $1,265 $1,005

Frequently Asked Questions - Five Points South Average Rents

What is the average rent price in Five Points South, Birmingham, AL?
The average monthly rental price for Five Points South, Birmingham, AL apartments for rent is approximately $975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Five Points South, Birmingham, AL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Five Points South, Birmingham, AL.
How much is a studio apartment in Five Points South, Birmingham, AL?
The average monthly rental price for studio apartments is $778 and an average price per square feet of $1.70. There are a total of 3 studio apartment listings currently available for rent in Five Points South.
How much is a one bedroom apartment in Five Points South, Birmingham, AL?
The average monthly rental price for one bedroom apartments is $905 and an average price per square feet of $1.43. There are a total of 16 one bedroom apartment listings currently available for rent in Five Points South.
How much is a two bedroom apartment in Five Points South, Birmingham, AL?
The average monthly rental price for two bedroom apartments is $1,350 and an average price per square feet of $1.54. There are a total of 10 two bedroom apartment listings currently available for rent in Five Points South.
How have rent prices in Five Points South, Birmingham, AL changed this year?
Rent prices for rentals in Five Points South, Birmingham, AL can fluctuate yearly. Specifically, studio rental prices have changed by -0.55%, one bedroom rental prices have changed by -0.48%, two bedroom rental prices have changed by -0.46%, and three bedroom rental prices have changed by 1.05% year-over-year.
What is a reasonable rent price in Five Points South, Birmingham, AL?
A reasonable rent price in Five Points South, Birmingham, AL is around $780/month. You can search for these reasonably priced rental listings on RentHop.
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