What is the average apartment size in Homewood?

The average size for a Homewood, AL apartment is 1,009 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Homewood?

As of Jan / 2026, the average rent in Homewood is $1,380 per month, a 1.08% increase from last years average of $1,365.

What is the average apartment size in Homewood?

The typical apartment in Homewood offers about 1,009 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Homewood, AL Rental Market Trends

Q: What's the typical rent budget in Homewood?

The typical rent budget in Homewood ranges from $1,001 to $1,500 per month, with 44% of rentals in this range.

Q: Do most people rent or own in Homewood?

In Homewood, 36% of households rent while 64% own their homes, based on the latest U.S. Census data.

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Homewood is $1,380, a 1.08% increase compared to the previous year, when the average rent was $1,365.

One-bedroom apartments provide 794 square feet for $1,191, balancing privacy and affordability.

Two-beedroom units at $1,437 offer 1,107 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,350 sq ft) for $1,883, suitable for larger households.

Average rent in Homewood, AL

Last updated: February 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,380	1,009 sq. ft.
Studio	n/a	n/a
1 Bed	$1,191	794 sq. ft.
2 Beds	$1,437	1,107 sq. ft.
3 Beds	$1,883	1,350 sq. ft.

Homewood, AL rent trends

Rental prices in Homewood, AL have increased by 1.08% over the past year. The average rent moved from $1,365 to $1,380.

What's the typical rent budget in Homewood, AL?

The largest share of rentals in Homewood, AL (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Homewood, AL?

3,407 or 36% of the households in Homewood, AL are renter-occupied while 6,162 or 64% are owner-occupied.

How Homewood Compares to Other Cities

City	Average Rent
Homewood	$1,380
Birmingham	$1,362
Huntsville	$1,251
Madison	$1,347
Mobile	$1,167
Bessemer	$1,004
Montgomery	$1,094
Tuscaloosa	$1,485
Hoover	$1,287
Vestavia Hills	$1,538
Auburn	$1,874
Hueytown, AL	$1,015
Center Point, AL	$855
Pell City	$1,228
Moody	$1,189
Gardendale, AL	$1,355
Pelham, AL	$1,522
Irondale, AL	$1,708
Fultondale, AL	$1,161
Trussville, AL	$1,289

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Homewood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.