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Average Rent in Five Points South & Rent Trends

Rent prices and market trends across 2 apartment communities in Five Points South, Birmingham AL. Updated daily.

Market Average

$1,788/mo

Lowest Available

$1,109/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

23

available now

Five Points South vs Birmingham AL Average

Five Points South is cheaper the Birmingham AL average by $7/mo (0%). The citywide average is $1,795/mo across all neighborhoods.

Is Rent Going Up or Down in Five Points South?

As of May 2026, the average rent in Five Points South is $1,788 per month across 2 apartment communities and 23 available units.

The most affordable option is Red Rock Realty Group starting at $1,109/mo. By unit type, a 1-bedroom averages $1,709/mo, a 2-bedroom averages $1,938/mo.

Prices range from $1,109 to $2,196 per month. The most common price point is the $1,600 range, where 11 units are currently listed.

Five Points South Rent Price History

Collecting price history

Daily snapshots are being recorded. Trend charts will appear once we have enough data points.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Five Points South

1 Bed
$1,709
from $1,500 · 15 units
2 Bed
$1,938
from $1,109 · 8 units

Rent Prices by Apartment in Five Points South

Property Starting at Average Units Rating
Red Rock Realty Group $1,109/mo $1,109/mo 1 3.5
Cortland Vesta $1,500/mo $1,819/mo 22 4.5

Google Search Trends for Five Points South Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Five Points South

What is the average rent in Five Points South?
The average rent in Five Points South is $1,788 per month as of May 2026, based on 23 units across 2 apartment communities.
Is rent going up or down in Five Points South?
We are collecting daily price snapshots to track rent trends in Five Points South. The current average rent is $1,788/mo.
What is the cheapest apartment in Five Points South?
The most affordable apartment in Five Points South is Red Rock Realty Group with units starting at $1,109/mo.
How much is a 1-bedroom apartment in Five Points South?
A 1-bedroom apartment in Five Points South averages $1,709/mo, with prices starting at $1,500/mo across 15 available units.
How many apartments are available in Five Points South?
There are 23 units available across 2 apartment communities in Five Points South.

What salary do I need to live comfortably in Five Points South?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$72,000/year

30 percent rule -- using our average rent of $1,788/mo.

Comfortable income

$86,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,109/mo), you need to earn at least $44,000/year.

Median household income in Five Points South is $44,376 , about 48% below the comfortable-living threshold.

Cost of living in Five Points South

Overall prices in Five Points South runs below the national average by about 8% (BEA Regional Price Parity index 91.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Five Points South's regional price parities.

Category Monthly estimate
Rent (market average) $1,788
Utilities $308
Groceries $511
Transportation $735
Healthcare $359
Other goods and services $574
Estimated total $4,275/mo

Population

199,322

Median household income

$44,376

Census median rent

$1,047/mo

Rent as % of income

33.4%

Median age

35.9

Mean commute

22 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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